Generosity_Need to know News

How social entrepreneurs begin to measure impact

Forbes: There are two keys to becoming a good social entrepreneur: intentionality and accountability.

Millennials Are Influencing The Future Of Philanthropy

Forbes: Rather than making random or one-off donations, they are a generation characterized by integrating the causes they care about into their daily routines and purchase behaviours.

How To Align Your Investments With Your Moral Compass

Forbes: What if there was an investment philosophy which focused on companies that are “doing the right” thing?

When Impact Investing Is All About the People

SSIR: Impact investing strategies often focus on returns, but one family foundation’s sights are set on building human capacity, collaboration, and diversity in the field.

Couple gives land for housing

Courier Mail: A Couple who will leave a legacy of 50 affordable homes for needy families has called for more philanthropy from business to address Australia’s housing crisis.

How Melinda Gates’ own history helped shape the billionaire’s philanthropy

Upworthy: One of the wealthiest women on earth, Melinda Gates, recently opened up about an unexpected secret to her success: contraceptives.

Philanthropy’s Middlemen Are Getting Bigger and Have More Clout. Is That a Good Thing?

Inside Philanthropy: The best thing about the explosion of intermediaries is that this trend has made giving easier at a time when a record number of Americans hold significant wealth.

Stop Raising Awareness Already

SSIR: Too many organisations concentrate on raising awareness about an issue without knowing how to translate that awareness into action.

The art of giving back

The Australian: Almost everyone on this earth is a philanthropist. It’s not to do with money, it’s to do with giving back, whether it is time or energy, or ideas, or money.

Using Knowledge to Improve Funder Practice

SSIR: Many organisations are creating and disseminating knowledge about the practice of philanthropy, but does that information actually influence how funders operate?

Leveraging All Assets for Social Good

SSIR: To bring more resources to bear on the challenges facing children and families, funders can step outside their traditional grantmaking role to invest in innovative and mission-focused efforts.

Investing in Our Future and the Role of New Capital Markets

Pro Bono: If Australia wants impact investing to work better, the charity sector needs to be actively involved in the critical discussions, including the current government consultation process.

Three Ways To Boost Your Organisation’s Philanthropic Efforts

Forbes: As financial executives, we’ve seen sales soar and have achieved many of our goals. But our impact can reach far beyond how good our own bottom lines look.

Four Questions About the Future of Gates Philanthropy

Inside Philanthropy: Bill and Melinda Gates’ latest annual letter takes stock of some of the progress they’ve made so far with their philanthropy—but leaves key questions unanswered.

Social enterprise is fast becoming the new charity in New Zealand

Stuff: Profit and charity aren’t two words usually associated with one another, but a growing number of Kiwi entrepreneurs are mixing business with karma to create social change.

Balancing Act: Tricky Times for Community Foundations in the Age of Trump

Inside Philanthropy: Community foundations are unique in the philanthrosphere in terms of the diversity of stakeholders that they need to keep happy.

nib foundation calls for EOIs for Multi-Year Partnerships

nib foundation: EOIs close 17 March for a total of $1.5 million which will be allocated to new projects supporting accessible and innovative health promotion and primary prevention initiatives.

The Latest Tech Player to Step Up Big (and Early) for Philanthropy: Snapchat

Inside Philanthropy: Last week, Spiegel and Snapchat co-founder Bobby Murphy announced the creation of the Snap Foundation, and by the looks of things, it’s going to have some serious money behind it.

Australia’s First Homelessness Social Impact Bond Reaches ‘Fruition’

Pro Bono: South Australia has launched the country’s first homelessness social impact bond, which will support 600 people through a program focused on life skills and employment pathways.

The Art of Advocacy Strategy

SSIR: Making our activism smart in a new political era.

A New Paradigm: Toward a User-Centered Social Sector

SSIR: How the social sector might transform from a market for funding to a market for social impact.

Taking Our Rightful Seat at the Institutional Investor Table

SSIR: Most foundations have endowments with invested assets—but many don’t see themselves as institutional investors. As a result, they are leaving behind some of their influence.

A Big Step: How One Foundation Overcame Doubts and Moved Forward with Impact Investing

Inside Philanthropy: Only a relatively small pool of funders and foundation assets are invested with their missions in mind.

The Best Employers Are Adding Giving Back to Their Core

Forbes: Leading employers are finding ways to use charitable efforts to connect employees to their work and ultimately drive a more productive, engaged workforce.

Philanthropy 50: Nike Mogul Tops Chart While Tech Giants Flex Charity Muscle

Chronicle of Philanthropy: Nike co-founder Phil Knight and his wife, Penny, top this year’s annual ranking of the 50 Americans who donate the most to charity.

Fundraising isn’t enough to bridge the gap

Performing Arts Hub: Australia’s symphony orchestras have massively increased their philanthropy income but half of them are still in the red.

The Biggest Loser From Repealing the Johnson Amendment? Philanthropy

Inside Philanthropy: More broadly, what’s at stake here is the separation of politics and philanthropy, along with public trust in the charitable sector.

Scary Times: Foundations, Trumpism, and the Fear Factor

Inside Philanthropy: It took a bit of time, but foundation leaders—some of them, anyway—are now speaking out against the Trump administration’s executive orders banning refugees and immigrants from seven Muslim countries.

This Innovative Charity Crowdfunding Event Turns Your Donations Into ‘Dragon’s Den’

Forbes: The concept is relatively simple: 10 people each invite 10 friends to pledge $100, with all the money crowdfunded online in advance of the event.

Philanthropy 101: how to set up a win-win strategy

Fin Review: A properly set up structure provides more benefit than ad hoc giving – to you and the charity you want to support.

RECT trustee to chair Philanthropy NZ

Waikato Times: Rotorua Energy Charitable Trust trustee Sandra Kai Fong has been named the chair of the Philanthropy New Zealand Board.

Moving Toward a Better Future for Measurement

SSIR: How can monitoring, evaluation, and learning become even more powerful tools for social sector leaders?

Responsible Leadership Is Inclusive Leadership

SSIR: The Compact for Responsible Business Leadership is an important step forward for corporations operating in a global society, but it needs reworking if it is to truly foster long-term societal value.

Market Making for Mission

SSIR: Foundations have an important role to play in impact investing—in building platforms and products that efficiently mobilize capital, mitigate risk, and improve liquidity.

Choices in Family Philanthropy

KPMG: The family’s vision for their enterprise might involve philanthropy, but where does it fit in?

Salesforce’s mission to revolutionise corporate philanthropy

Information Age: Imagine if every single person in every single organisation in the world gave just 1%. What a change and impact you could make.

Moment of Truth: Will Foundations Come Together to Fight Trump?

Inside Philanthropy: As it is, Trumpist attacks on funders are a near certainty in coming years—and, in fact, have already begun.

Australian Government Moves on Impact Investing

Pro Bono: The Turnbull government is exploring ways it can develop the impact investing market in Australia, with a focus on the affordable housing supply.

As India’s millionaire club grows, the nature of philanthropy in India is changing

Economic Times: As India grew exponentially over the past decade, so has incomes and charitable initiatives.

Persuasion in a “Post-Truth” World

SSIR: To make progress on ideologically or politically sticky issues, social sector organisations must reshape their messaging to do more than cite facts; they must use smart storytelling and craft solutions that don’t require those they want to reach to sacrifice their values.

The Pink Hats Were Awesome. Now Let’s Deliver.

SSIR: We need to double down on the gritty business of impact. Here’s how.

Why every social entrepreneur needs a mentor and how to find one

Social Good Stuff: Finding the right mentor can be the determining success factor for social entrepreneurs, especially for those starting out.

Australian of the Year finalist: Philanthropist Andrew Forrest strives to put an end to modern slavery and Indigenous disadvantage

Nine News: Perth billionaire Andrew Forrest has been recognised for his hands-on involvement with hundreds of community services across Australia.

The Five Habits Of Effective Philanthropists

Forbes: Unlike in business where there are common models for effective practice, philanthropists tend to make it up as they go along – how can you go wrong giving money to charity?

Why Major Philanthropists Are Giving More Money to Just One Cause

Harvard Business Review: Foundations and wealthy individuals are making big philanthropic bets on driving social change solutions at scale.

Philanthropy Forecast, 2017: Trends and Issues to Watch

Inside Philanthropy: Philanthropy remains the puny cousin of the big kids on the block, business and government, and so we need to keep in check expectations about what private giving can accomplish.

Working for the ‘Evolution’ of Australian Philanthropy

Pro Bono: The country’s peak body for donors, Philanthropy Australia, is embarking on a strategic plan which includes a bold new business model around membership and changes to its legal structure while still retaining its core policy and advocacy work.

Investing For Impact: Recasting A Traditional Portfolio For Purpose & Profit

Forbes: Millennials and those that follow it will be intent on dissolving arbitrary boundaries between investing and philanthropy, profit and purpose, what we own and what we care about.

Philanthropic Pioneers: Foundations and the Rise of Impact Investing

SSIR: As impact investing expands in scope and sophistication, foundations are leading the way.

Inequality, Inequality, Inequality: The Billionaire Philanthropists As Rich As Half The World

Forbes: Oxfam has released an analysis of global wealth that suggests eight men have a combined wealth comparative to that of the poorest 3.6bn people on the planet.

Philanthropy’s “Starfish Problem”: The Husband Who Didn’t Know Best

Forbes: If philanthropy is to move from being about the donor to truly being about the change they make, then the first step the sector needs to take, is to address its Starfish Problem.

Prominent philanthropist and arts patron James Fairfax dies

Sydney Morning Herald: James Fairfax, the former chairman of publisher John Fairfax Ltd, died on Wednesday at his home at Retford Park in Bowral. He was 83.

Gina Rinehart: the iron lady behind a long list of philanthropy

The Australian: Rinehart, through her private company Hancock Prospecting and the Georgina Hope Foundation, has donated to many philanthropic ventures with a strong focus on health and helping young people.

The Future of Foundation Philanthropy: The CEO Perspective

Center for Effective Philanthropy: Based on the perspectives of more than 200 foundation CEOs the report captures foundation leaders’ views on challenges and concerns about the changing landscape.

Chan Zuckerberg initiative builds political muscle for philanthropic work

New York Times: Zuckerberg and Chan have hired a top political operative to lead the next phase of their philanthropic work.

Then It’s Gone: The Big (and Obvious) Drawback of Spending Down

Inside Philanthropy: Here’s a question that few people have stopped to ask: Did Feeney do the right thing in choosing a spend-down strategy for Atlantic?

Five New Year’s Resolutions for 2017 Philanthropy

SRQ: Each one of us has the potential to impact a person, a cause, a community, and this year you can be the one to make a difference.

The 18 Biggest Charitable Donations Of 2016

Forbes: In the US there were twelve donations given by wealthy donors that surpassed $100 million, plus another six that totalled $100 million exactly.

The Walmart Foundation Is a Perfect Example of How Corporate Philanthropy is Changing

Inside Philanthropy: Walmart’s corporate funding has undergone a paradigm shift from widely dispersed local grants to bigger strategic programs that tap into the company’s key assets as a business.

5 Lessons We Can All Learn From This Entrepreneur’s Philanthropic Journey

Entrepreneur: Entrepreneurial success can afford a person many things, the most fulfilling of which is making lives and the world around us better without need for profit.

Environmental Giving in 2016: Trends and Hot Topics

Inside Philanthropy: In the past year, we saw a lot of creative philanthropy for inspiring, grassroots-level work, movement building, and efforts to otherwise drive communities forward.

Marketing And Philanthropy: Feed A Billion And Partners Share Formulas For Success

Forbes: Executed well, philanthropy is good for marketing and good for business as well.

Family stumps up $4m for unique plan to tackle homelessness

The Age: A wealthy Melbourne family is putting up $4 million to build more than 50 portable homes for disadvantaged people on vacant VicRoads properties in a unique project to tackle the city’s homelessness crisis.

Seven trends in philanthropy to expect in 2017

Denver Post: 2016 was a great year for philanthropy. It included record levels of giving and impact investing and more strategic approaches to charitable efforts. 2017 will likely launch its own unique trends.

‘James Bond of philanthropy’ gives away the last of his fortune

New York Times: Last month Chuck Feeney and Atlantic Philanthropies made a final grant, $7m to Cornell University, to support students doing community service work.

It’s time for more Australian fund managers to invest in social outcomes

Guardian: Rise of impact investing in Australia shows there is an increased appetite for aligning assets with values.

All-star cast of board members back ambitious social impact fund Rise

Financial Review: A group of high-profile executives and investors has put together an ambitious social impact fund called Rise.

Impact investing growing quickly, but has long way to go: GIIN

Reuters: Impact investments have grown rapidly over the last three years as mainstream institutions such as pension funds and insurance companies have jumped on the bandwagon.

Philanthropist Andrew Forrest aims to end slavery and disparity

The Australian: Forrest is a passionate philanthropist who, through the Minderoo Foundation he co-founded with wife Nicola in 2001, supported more than 250 community initiatives aimed at ending modern slavery and highlighting indigenous disparity.

The Year In Social Enterprise And Impact Investing: 5 Happenings Of Note In 2016

Forbes: Some of 2016’s most noteworthy events and trends in the world of social enterprise and impact investing.

Four Ways Advisors Can Expand The Impact Of Their Clients Philanthropy

Financial Advisor: Through smart tax planning and growing opportunities to put philanthropic dollars to work in impact investing, advisors are finding ways to expand the power and positive feelings generated by their clients’ philanthropic giving.

Philanthropy’s tech billionaire reboot could be good for policymaking

The Conversation: Today, relatively young technology billionaires are creating a new paradigm of philanthropy, one that arguably sets a new standard of ethical practice in the non-profit sector.

Rebranding Philanthropy: How Millennial Women Are Disrupting Giving Back

Forbes: Women banding together to give more and in new, more effective ways is helping to rebrand and reimagine what philanthropy will look like over the next decade and beyond.

Shifting Philanthropy from Charity to Justice

SSIR: In the American philanthropic sector, often well-intentioned people make decisions for communities they do not come from, may not understand, rarely interact with, and almost never step foot into.

Seeking and Solving

SSIR: Through an online crowdsourcing platform, one foundation is reaching new types of partners who offer new types of solutions.

Philanthropy: the gift that keeps on giving

The Australian: At the end of a year in which the arts sector suffered disappointments and frustration to do with the federal government’s funding restructure, there has been some uplifting news.

It’s Time to Break Arts Philanthropy Out of Its Silo

SSIR: Connecting arts goals to a foundation’s larger vision can make support for the arts more targeted and impactful.

Top philanthropic gifts of 2016

Pro Bono: The biggest philanthropic gifts in 2016 delivered major Australian universities a share in more than $269 million – more than double the estimated $117 million donated to universities in 2015.