The public is increasingly curious about what we're up to -- an interest fueled by politicians who imagine that philanthropy is a big pot of money waiting to be spent to alleviate government budget strains.

Philanthropy and the communities it serves have suffered too long from a lack of leadership on numerous issues. Despite advances made in other sectors, philanthropy still lags in diversity and inclusiveness, and in funding that benefits lower-income communities and communities of color.

This is the first time in history that society is experiencing a delay in leadership transition, as people live longer and retire later. The economic recession has further delayed retirement plans.

Al Gore and Geoffrey Canada argue that the next generation will tackle the problems left by baby boomers. But Gore worries about the enormity of the problems and Canada wonders whether our education system will prepare them.

Foundation leaders can no longer assume that policymakers share their view of the sector's role -- it is up to these leaders to tell philanthropy's story in a way that can be appreciated and understood.

Despite popular perception, it's not one single epiphany that drives innovation. That was a key lesson imparted by Andrew Hargadon when he spoke at the Council on Foundations' Annual Conference.