Forbes: There are two keys to becoming a good social entrepreneur: intentionality and accountability.
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.
Forbes: What if there was an investment philosophy which focused on companies that are “doing the right” thing?
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.
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.
Upworthy: One of the wealthiest women on earth, Melinda Gates, recently opened up about an unexpected secret to her success: contraceptives.
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.
SSIR: Too many organisations concentrate on raising awareness about an issue without knowing how to translate that awareness into action.
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.
SSIR: Many organisations are creating and disseminating knowledge about the practice of philanthropy, but does that information actually influence how funders operate?
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.
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.
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.
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.
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.
Inside Philanthropy: Community foundations are unique in the philanthrosphere in terms of the diversity of stakeholders that they need to keep happy.
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.
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.
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.
SSIR: Making our activism smart in a new political era.
SSIR: How the social sector might transform from a market for funding to a market for social impact.
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.
Inside Philanthropy: Only a relatively small pool of funders and foundation assets are invested with their missions in mind.
Forbes: Leading employers are finding ways to use charitable efforts to connect employees to their work and ultimately drive a more productive, engaged workforce.
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.
Performing Arts Hub: Australia’s symphony orchestras have massively increased their philanthropy income but half of them are still in the red.
Inside Philanthropy: More broadly, what’s at stake here is the separation of politics and philanthropy, along with public trust in the charitable sector.
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.
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.
Fin Review: A properly set up structure provides more benefit than ad hoc giving – to you and the charity you want to support.
Waikato Times: Rotorua Energy Charitable Trust trustee Sandra Kai Fong has been named the chair of the Philanthropy New Zealand Board.
SSIR: How can monitoring, evaluation, and learning become even more powerful tools for social sector leaders?
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.
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.
KPMG: The family’s vision for their enterprise might involve philanthropy, but where does it fit in?
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.
Inside Philanthropy: As it is, Trumpist attacks on funders are a near certainty in coming years—and, in fact, have already begun.
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.
Economic Times: As India grew exponentially over the past decade, so has incomes and charitable initiatives.
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.
SSIR: We need to double down on the gritty business of impact. Here’s how.
Social Good Stuff: Finding the right mentor can be the determining success factor for social entrepreneurs, especially for those starting out.
Nine News: Perth billionaire Andrew Forrest has been recognised for his hands-on involvement with hundreds of community services across Australia.
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?
Harvard Business Review: Foundations and wealthy individuals are making big philanthropic bets on driving social change solutions at scale.
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.
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.
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.
SSIR: As impact investing expands in scope and sophistication, foundations are leading the way.
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.
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.
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.
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.
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.
New York Times: Zuckerberg and Chan have hired a top political operative to lead the next phase of their philanthropic work.
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?
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.
Forbes: In the US there were twelve donations given by wealthy donors that surpassed $100 million, plus another six that totalled $100 million exactly.
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.
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.
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.
Forbes: Executed well, philanthropy is good for marketing and good for business as well.
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.
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.
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.
Guardian: Rise of impact investing in Australia shows there is an increased appetite for aligning assets with values.
Financial Review: A group of high-profile executives and investors has put together an ambitious social impact fund called Rise.
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.
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.
Forbes: Some of 2016’s most noteworthy events and trends in the world of social enterprise and impact investing.
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.
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.
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.
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.
SSIR: Through an online crowdsourcing platform, one foundation is reaching new types of partners who offer new types of solutions.
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.
SSIR: Connecting arts goals to a foundation’s larger vision can make support for the arts more targeted and impactful.
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.