Philanthropic foundations and their donors have the freedom to direct their donations and social investments in any way they see fit. There is tremendous power in this freedom: it gives them the ability to take risks and support projects, issues, and organizations that others cannot or will not. To achieve their missions, foundations can take risks with both their financial capital and their unique ability to convene people together. Through engaged learning and candid conversation, convenings can spark new insights and partnerships that lead to coordinated and clearly communicated effective action.