Generosity_Need to know News

Bill Gates Adds $4.6 Billion to Foundation Endowment

The Chronicle of Philanthropy: In his largest donation since 2000, Bill Gates transferred that much in Microsoft stock. It is expected to go to the Bill & Melinda Gates Foundation.

Equity Trustees Role Fits Jeff Kennett’s Philanthropic Passion

The Australian: Equity Trustees is counting on Jeff Kennett to help drive the company’s next stage of growth.

Call to Exempt Charities from International Philanthropy Ban

Pro Bono News: A consortia led by the Australian Council for International Development, Philanthropy Australia and the Community Council for Australia is against the proposed government ban saying, “International philanthropy complements Australian philanthropy’s support for charities, and makes an important contribution to Australian communities.”

Cerebral Palsy Alliance announced as Macquarie’s $100,000 Social Innovation Award recipient

4-Traders: Cerebral Palsy Alliance will use the $100,000 Award to fund its ‘Remarkable Accelerator Program’, which provides seed funding and support to disruptive early stage start-ups.

A Conversation with Philanthropist Lowell Milken

The Line: US philanthropist Lowell Milken is one of the most generous and effective education reformers of his time.

Even for Philanthropists, Museums Can Make Art a Tough Give

The New York Times: Most collectors struggle to donate their art, even valuable art, to museums.

Companies Targeting Environmental Goals Get Fat Investments from Millennials

Environmental Leader: 61% of Millennials have taken at least one sustainability oriented investment action in the last year, a Morgan Stanley report found.

Is BEAM the future of philanthropy?

HuffPost: “BEAM bridges the online and offline worlds to give millennials and younger people a simple, fully integrated way to use their voices for positive change.”

Set a new table, create a “safe zone” for effective family philanthropy

The Denver Post: Multigenerational family philanthropy creates a unique opportunity for every family to set a new table.

Millennials are driving a $9 trillion change in investing in the US

Business Insider: Millennials aren’t just eating avocado toast and snapchatting, they’re also driving the growth of a $US9 trillion market on Wall Street: sustainable investing.

Gender Lens Investing: Why the Opportunities Are Growing

Knoweldge@Wharton: Gender lens investing — using capital to alleviate the economic plight of women and girls — is gaining steam.

Sustainability Managers Could Lead the Fourth Industrial Revolution

SSIR: Corporate sustainability leaders can turn challenges into opportunities for society and companies alike.

Is Your Nonprofit Built for Sustained Innovation?

SSIR: Six useful starting points for nonprofits that want to build their capacity to continuously innovate.

Uniqlo chief Yanai makes 2017 Asia Game Changers list for ‘making philanthropy fashionable’

The Japan Times: Uniqlo has donated 20 million articles of clothing to refugees in a total of 62 countries and regions.

A ‘human swarm’ figured out where Jeff Bezos should donate his money

Business Insider: An artificial intelligence platform using a method inspired by how bees swarm decided Bezos should go with universal access to clean drinking water.

Govt Releases Social Impact Investment Principles

Pro Bono News: The Turnbull Government has announced a set of principles to help develop Australia’s Social Impact Investing market.

Soccer Players Launch A Plan To Pledge 1% Of Their Salaries To Charity

Fast Company: Juan Mata, a midfielder for Manchester United, certainly thinks it’s time the players gave up a little of their paycheck – 1% of their annual salary to soccer-related charities around planet.

Inside The Growing Business Trend Of Giving All Your Profits Away

Fast Company: Newman’s Own pioneered the idea of a philanthropic enterprise. Now, it’s helping to coalesce a new movement.

Hollywood Foreign Press Gives Back – thanks to Meryl Streep

Variety: At the Golden Globes ceremony, the screen legend made a pointed reference to her hosts, requesting “the famously well-heeled Hollywood Foreign Press, and all of us in our community, to join me in supporting the Committee to Protect Journalists.”

Small Business Today, Social Enterprise Tomorrow

Stanford Social Innovation Review: Communities and the social sector both stand to gain when nonprofits acquire existing for-profits.

Variety’s 2017 Philanthropist of the Year John Paul DeJoria Shares ‘Good Fortune’

Variety: “People say you give away all these millions, but I don’t give them away. I invest it, in people,” he says. “I don’t mean I get the money back, but our planet will. We have to take care of one another. And that’s what we do.”

A Big Hurdle Do-Good Companies Face

The Conversation: It seems people don’t think companies can make a profit and support a social cause at the same time.

Social Entrepreneurship’s Mind Trap

Nonprofit Quarterly: The fictionalised narrative of the social entrepreneur as a lone ranger needs to be disrupted and problematised.

Nonprofits adapt to the millennial way of charitable giving

The Hour: A growing contingent of millennials are engaged in philanthropic activity by donating time, money, expertise or through impact investing.

How One Foundation Is Flipping the Paradigm on Social Change

Knowledge@Wharton: A philanthropist on gender lens investing and the creative use of philanthropic  capital.

John Wylie Sets Up Advisory Service for Charities

AFR: Wylie has recruited former BHP staffer Tom Forde to head up Tanarra Philanthropic Advisors, a pro-bono independent advisory service.

Ex-Westpac CEO Gail Kelly gives UNSW $1 million for a new scholarship scheme

AFR: The Gail Kelly Global Leaders Scholarship will fund in perpetuity a student exchange program between UNSW and the University of Cape Town, where Kelly studied.

‘Change or die’: aid charities told to stop competing for funds or face extinction

The Guardian: As global power and resources shift away from traditional bastions, researchers warn major aid organisations will be sidelined by 2030 unless they change tack

Study Reveals Wastage and Pressure on Australia’s Grants Industry

Pro Bono News: Research into Australia’s $26 billion grants industry has revealed significant time wasted on abandoned grant applications, large organisations increasingly scooping up small grants, and pressure on local government to provide more money.

Collective Giving Groups Attracting Australians to Alternative Fundraising 

The Sydney Morning Herald: “We call it social contagion,” says Lisa Cotton, chief executive of The Funding Network, Australia’s largest and most active collective giving group.

How Amazon’s Jeff Bezos, Briefly the World’s Richest Person, Spends His Cash

Wired: He lags far behind his tech billionaire brethren in terms of philanthropy.

Inside a Philanthropist’s Summer Home

Daily Mail: Billionaire philanthropist David Rockefeller’s summer estate hits the market for $19million, with all proceeds going to charity.

Jeff Bezos is Now the World’s Richest Person — and He Could Redefine Philanthropy

Business Insider: The new distinction could fuel Bezos’ interest in furthering human progress through for-profit companies.

Building a Financially Sustainable Social Enterprise in Emerging Markets

SSIR: Six lessons on achieving financial independence in a resource-constrained era.

How Philanthropic Dynasties are Exerting their Power over US Policy

The Guardian: Is it right that US billionaires are creating foundations to confer power and privilege on to future generations?

What Influences American Giving?

The Conversation: Concerns about the political climate have resulted in a surge of donations, but will it last?

Responsible Investors Deliver Bumper Returns in Australian Equities

AFR: “Ten years ago there was just $12 billion invested in this manner and today there is $622 billion.”

Building Capacity in Our Philanthropic Sector

SRQ Magazine: Today’s donors expect involvement in how their dollars get expended, a major shift from decades past.

Give, For the Love of Sport

The Weekend Australia: The Australian Sports Foundation has been doing extensive work on the psychology of what drives arts benefactors, as donations to sport are just an eighth the size of those given to traditional philanthropic causes.

The Ethical Argument Against Philanthropy

Quartz: Stanford University academic says big philanthropy is “the odd encouragement of a plutocratic voice in a democratic society”.

Ethical Funds are Undergoing a Major Overhaul to Cater to Millennials

This is Money: Funds need to reflect the priorities of a new generation, but what are those priorities?

How Responsible Investing Can Appeal to Rebels

Institutional Investor: But if current trends continue, responsible investing won’t be an act of rebellion for very long.

Bond to Funnel Benefits to Women

The Phnom Penh Post: The Women’s Livelihood Bond, the first-ever social sustainability bond, will provide nearly half a million women in Cambodia, Vietnam and the Philippines with more access to credit to improve their livelihoods.

How Nonprofits Can Drive Healthy Growth Using SROI

Social return on investment is an underutilised yet surprisingly flexible tool for making strong resource allocation decisions that maximise nonprofit impact.

Philanthropy Gets Behind Connecting Aboriginal Children With Extended Families

Pro Bono News: Gandel Philanthropy and Sidney Myer Fund have partnered with leading Victorian childcare agencies for a pilot program.

Grants Help Young People Make Memories

How a women’s giving circle is giving children in its community experiences they will remember for a lifetime.

Super Fund Makes Social Impact Investment In Village For Those Living With Dementia

Financial Standard: An Australian-first suburban village designed to recreate real life experiences for those living with dementia has been given a $19 million kick-start by an industry superannuation fund.

Building a Portfolio of Companies that Make the World a Better Place

Nasdaq: Because 71% of investors (and a lot more millennials) are interested in impact investing.

How Social Entrepreneurs Can Prove Themselves to Investors

Entrepreneur: The Australian-educated founder of Siam Organic, which aims to help solve farmers’ poverty in Thailand, shares the secrets to his success.

The Rise and Rise of Celebrity Philanthropy

Forbes: The benefits of aligning with celebrities can be tremendous and there are basically three levels of strategic alliances between celebrities and charities.

Former White House Staffer’s Advice On Starting A Social Business

HuffPost UK: “People don’t want to work in companies that don’t have a social impact,” says former White House Social Innovation Director.

Giving Your Genius: A New Approach to Corporate Philanthropy

Stanford Social Innovation Review: When companies deploy the same processes they use to create commercial value to create philanthropic value, they can truly help charities achieve their social missions.

Learning to Bridge a Generation Gap in Philanthropy

The New York Times: How to pass the philanthropic baton.

Building the Australian Social Benefit Bond Market

Investment Magazine: As the global market for social impact bonds gathers steam, local experiments are demonstrating the potential of these innovative finance structures.

Clarifying Your Philanthropic Purpose

Philanthropy Roundtable: Too often philanthropists lean on people’s altruism or good intentions to interpret what they meant when they defined their mission.

Refugees are Helping Others in their Situation as Social Entrepreneurs

The Conversation: Refugee Talent is a digital matching platform to assist refugees in finding work in Australia.

Philanthropy: Anti-Democratic and Proud of It?

LinkedIn: Difficult questions about the role of philanthropy in a democracy.

Adelaide Needs a Rich Philanthropist like David Walsh

The Advertiser: Opinion Editor Colin James says one option involves displaying the state’s huge collection of Aboriginal art and artefacts held by the SA Museum — mostly unseen in basements or warehouses.

GSG Honours in Impact Investing Announced

Winners include Christian Super, a small Australian Fund managing $1.3 billion on behalf of 25,000 members with a big commitment to social impact

UBS Raises $325 Million for Bono-backed Impact Investment Fund

The Rise Fund, which counts Irish rock star Bono among its co-founders, aims to achieve “measurable, positive social and environmental outcomes alongside competitive financial returns”.

How To Choose The Right Philanthropic Advisor

Forbes: Six characteristics of a good philanthropic advisor.

How a Philanthropist Combines Running and Giving

The South China Morning Post: For Head of Esquel-Y.L. Yang Education Foundation Agnes Chen, running is the thread that stitches all her efforts together.

Private Funding of Arts Shows Healthy Growth

The Australian: Donations and sponsorships were worth between $268.5m and $279.8m in 2015-16.

Strategic Philanthropy: Seven Lessons from Seven Years

The Denver Post: How to achieve greater impact through philanthropy.

New Zealanders Give Almost $3 Billion Annually

Stuff: Kiwis are a generous bunch but rarely talk about it.

Hong Kong Government Taps Charities to Solve Public Housing Crisis

The South China Morning Post: Under the proposed scheme, the government would help line up charities to fund the conversion of flats into partitioned units that would be managed by a non-profit organisations.

Award-Winning Philanthropists Explain the Roots of Their Giving

How the biggest philanthropists in America choose their causes.

The Case for Short-term Philanthropy

Billionaire.com: Why ‘Knee-jerk’ philanthropy can be as effective as long-term missions.

Al Gore to address iAccelerate, Wollongong

Illawarra Mercury: The former US Vice-President will discuss his journey from politician to social change-maker.

How Much Do You Know About Ethical Investing?

WSJ: Take the quiz – warning it is US-centric.

Immersive Experiences, the Future of Philanthropy

The Economist: Virtual reality, augmented reality and gaming offer new frontiers for creative philanthropists, including Oscar-nominated director Kathryn Bigelow who has created a harrowing virtual reality film about elephant poaching in Africa.

World’s first social sustainability bond lists on Singapore Exchange

The Straits Times: The US$8 million Women’s Livelihood Bond provides loans to social enterprises and microfinance institutions.

Philanthropy in the USA

Charitable Advisors: Giving in the US reached $390.05 billion in 2016, according to Giving USA.

The Future of Impact Investing in Australia

Pro Bono Australia: With Australian governments supporting the development of impact investing funding options they will no doubt evolve and adapt in form, according to the director of the Centre for Social Impact Professor Paul Flatau.

The Limits of Philanthropy

The New York Times: Why philanthropy cannot and should not supplant governments’ responsibilities.

Bloomberg Looks to Cities to Improve Global Health

Inside Philanthropy: Bloomberg Philanthropies’ Partnership for Healthy Cities is a global network of cities, including Melbourne, committed to saving lives by preventing noncommunicable diseases and injuries.

Businesses Need a Higher Purpose to Attract Millennials

Pro Bono News: A visiting social entrepreneur encourages South Australia to grow purpose-based jobs to entice young talent.

Rich People’s Favourite Hobby is Philanthropy

Business Insider: More than one-third of the world’s wealthiest people prefer to pursue charitable activities over any other hobby. Sport comes in second.

Saving our Oceans with Beer and Bikinis

Smart Company: Two Queensland entrepreneurs are proving that green is the new black in the start-up world.

Seven things you probably didn’t know about Chinese philanthropy

Between 2010 and 2016, donations from the top 100 philanthropists in mainland China more than tripled to £3.6 billion. What’s behind this rise in charitable giving?

Small Businesses Embrace Philanthropy in UK

Smallbusiness.co.uk: According to recent survey of UK small businesses by wealth manager Kleinwort Benson, entrepreneur and business owner clients are placing much more emphasis on philanthropy and impact investing than 10 years ago.

Shared Value Added $70 Million to NAB’s Bottom Line in 2016

AFR: “We helped 25,000 customers directly and 800,000 customers were provided with some form of counselling through this program,” said National Australia Bank chairman Ken Henry of a program called NAB Assist.

Free Sanitary Products for Schools

RNZ: When they discovered that girls were not going to school because they could not afford tampons, two young social entrepreneurs decided to do something to help.

Canberrans Most Likely to Volunteer

The Canberra Times: The residents or our nation’s capital are most generous with their time, with 24 per cent volunteering in the 12 months before completing the 2016 Census.

A Funder Focuses on Photography to Drive Social Change

Inside Philanthropy: In a philanthropy space increasingly driven by social media, a picture is worth 1000 words.

Asia’s 2017 Heroes Of Philanthropy

Forbes: The list includes phianthropists who have pursued causes from training burn victims to be bakers in India to establishing a school for gifted children in Indonesia.

Is Big Philanthropy Compatible with Democracy?

The Atlantic: A Stanford professor argues that it’s largely not.

What Giving $3.5 Billion to Charity Looks Like

Business Wire: Highlights from the Fidelity Charitable Giving Report.

Shared Value – How Business is Stepping Up

The Guardian: From rising inequality to climate change, smart business models are helping share the load of finding sustainable solutions to today’s complex social challenges, leading innovators say.

Maybe Huge Philanthropic Gifts Aren’t What the World Needs

Big Think: “Funders are rarely punished for under-performing and usually don’t even know when they are: if the work that they fund helps one child but could have helped ten, that ‘opportunity cost’ is felt by the would-be beneficiaries, not by the funder.”

Philanthropy is the gift that just keeps on giving to so many

The Australian: Who are the people giving away millions and what is their mindset?

Philanthropy is funding serious journalism in the US, it could work for Australia too

The Conversation: Three key ways exist to fund the labour intensive and time consuming work of investigative journalism.

Down the Rabbit Hole? Impact Investing and Large Foundations

SSIR: Impact investing makes sense in theory, but there are good reasons, particularly for large foundations, to pause before putting a lot of resources into it.

Highlights from the Social Enterprise Conference 2017

Social Traders: 250 delegates from across Australia attended the 5th annual Social Enterprise Conference which aimed to share insights on how to turn big ideas into sustainable social impact.

Three Strategies To Integrate Philanthropy Into Your Corporate Culture

Forbes: The “business as usual” method is no longer acceptable; businesses are expected to give back to their communities.

End of the Road: Another Corporation Reboots Its Philanthropy

Inside Philanthropy: These are interesting times for corporate philanthropy. An older model of charitable giving is losing traction and being replaced by a new, more comprehensive approach to advancing a social mission.

Three Secrets to Being an Effective Philanthropist

Huffington Post: The best philanthropists do more than write a cheque and move on.

Dear Jeff Bezos: Philanthropy For The ‘Right Now’ Is Not Good Enough

Forbes: The fact is society does not progress by meeting immediate needs. It progresses in the hands of visionaries and movement builders and social entrepreneurs with transformative ideas that seem impossible at the start.

Jeff Bezos might become the world’s richest person — and he could redefine philanthropy

Business Insider: Bezos’ interest in furthering human progress through for-profit companies could shift how the world’s wealthiest think about philanthropy.

“Day 1” Philanthropy Done Right – An Open Letter to Jeff Bezos

Dalberg: The key to successful philanthropy lies not just in finding good ideas, but also in executing them well.

This is What Feminist Philanthropy Looks Like

Ms: Rutgers University has announced the historic creation of the Gloria Steinem Endowed Chair in Media, Culture and Feminist Studies—a position made possible by a three-year, $3 million campaign involving over 400 donors.

Jeff Bezos is asking the public for ideas on philanthropic giving

CNBC: Bezos posted an open call for new philanthropic projects to Twitter.

Pushing the Boundaries of Impact Investing

SSIR: Recent experimentation in global health research and development reveals how nonprofit organisations can explore and potentially attract impact investment.

One of China’s richest women hopes to keep driving culture of philanthropy

Reuters: After starting work in a hotel kitchen, Zhai Meiqin began selling furniture and built a billion-dollar conglomerate but she recently took great pride for being recognised for driving a new phenomenon in China – philanthropy.

Women’s voices ring clear in world of philanthropy

Denver Post: Women of all ages and stages of life are more generous than their male counterparts

What is social enterprise? Have your say in 1-minute

Social Change Central: Whether you believe ‘social enterprise’ is just a buzzword or have a strict definition for what it means, or if you simply don’t care… what you think is important.

Queen’s Birthday honours 2017: John Gandel salutes diversity

The Australian: In an age when terrorism has put immigration under the spotlight like never before, John Gandel is living proof of the benefits to the economy of Australia’s multicultural society.

Queen’s Birthday Honours 2017: Give something back if you can

The Australian: David Paradice, one of Australia’s hottest stock pickers, approaches his generous philanthropy in much the same way as his unique investment style — and wants to push companies to be better environmental stewards.

Queen’s Birthday honours 2017: philanthropy a fine construction

The Australian: For Josephine and Tony Sukkar, building their construction business Buildcorp and their ­passion for supporting rugby, women in sport and other philanthropic ventures has always been a joint venture.

A Billionaire Defends Modern Philanthropy

The Atlantic: The founder of LinkedIn talks about how wealthy Americans can use their money to make a difference.

When Silicon Valley execs suddenly make billions, they turn to this man to help them give it away

CNBC: In Silicon Valley, even philanthropy is hyper-competitive. Giving away part of a sudden fortune is not as easy as it sounds when the donor wants to be a hands-on philanthropist.

The future of truth: Can philanthropy help mitigate misinformation?

William & Flora Hewlett Foundation: A wide range of potential interventions have been proposed to improve the role of facts in political discourse. None of them alone would solve the problem but several together might hold promise.

Risk, Trust, and Impact: Connecting the Dots

SSIR: To promote innovation, support risk. To support risk, first build trust.

Gail Kelly appointed to Australian Philanthropic Services Board

APS: The former Westpac chief executive has been appointed to the board of Australian Philanthropic Services (APS), a not-for-profit organisation that inspires and supports effective philanthropy.

Celebrating Eve Mahlab AO

VWT: A wrap-up of the Victorian Women’s Trust’s birthday party and fundraiser in honour of feminist luminary, Eve Mahlab.

Leading Australian Companies JB Hi-Fi and SEEK call on businesses to support workplace giving

One Million Donors: June is Workplace Giving month and business leaders, Andrew Bassat and Richard Murray, are encouraging their counterparts across Australia to embrace workplace giving.

Is philanthropy catching on among China’s super rich?

BBC: When US billionaires Bill Gates and Warren Buffett held a banquet in China a few years ago to urge fellow tycoons to donate their fortunes to charity, some of their intended targets didn’t bother to turn up.

Capital Raising Target of Social Impact Bonds Met in One Month

Pro Bono News: Funding for Australia’s first social impact bond for mental health and Queensland’s first social benefit bond uniting children in out-of-home care with their families has reached its target one month after its launch.

Giving Circles in the U.S. Grow: What Does That Mean for Institutional Philanthropy?

Nonprofit Quarterly: Based on preliminary study data, there are more than 1,300 active giving circles and, in addition, 525 chapters of giving circle federations in the U.S.

Is Ethical Philanthropy Effective Philanthropy? A practical guide

Huffington Post: What happens when philanthropic practices are guided by ethics?

Flexible and Responsive: How One Funder is Helping Refugees

Inside Philanthropy: The Patterson Foundation joins a rather short list institutional and individual funders stepping up to not only do their part to alleviate the suffering of the world’s refugee population.

4 Ways Millennials Can Increase Their Philanthropic Giving At Work

Forbes: Millennials are often drawn to jobs that allow them make an impact on their community through the work they do each day as well as the volunteer opportunities their employer offers throughout the year.

Philanthropists finding many ways to donate

Financial Review: A new approach to philanthropy is emerging that focuses less on merely giving money and more on intangibles such as providing connections, time and expertise.

Listen to Your Heart, Follow Your Friends: How Young Women Philanthropists Think Differently

Inside Philanthropy: Millennial women give very differently than their mothers or grandmothers ever did in the past or do now today.

The Insufficiency of Philanthropy

Forbes: There’s a critical gap in our social safety net that philanthropy alone can’t fix.

Big Philanthropy Gets A Boost: 14 Titans From 7 Countries Join The Gates-Buffett Giving Pledge

Forbes: The Giving Pledge, an elite network of big philanthropic givers, has gained 14 new members from 7 countries, including Australian slot machine billionaire, Len Ainsworth.

Budget boost for social impact investing

The Australian: The commonwealth government has signalled its intent to take a greater role in fostering a vibrant impact investing market.

Vic Government adds $3 million to McEwen Foundation grant for Greater Shepparton Lighthouse Project

EQT: In dollar terms, the State Government’s $3 million, makes it a four-to-one return on the McEwen Foundation’s contribution.

Social impact bonds: how much evaluation is too much?

The Mandarin: Increased rigour in evaluation is one of the oft-touted reasons for using social impact bonds, but some providers worry it’s sucking up resources for service delivery.

A time to give

Pro Bono: Dr Jason Franklin talks about philanthropists engaging in fights for justice, the importance of celebrating generosity and why giving has to move at the speed of trust.

When did kindness become something to scoff at?

Courier Mail: We need to back big-scale philanthropists, because they go where governments fear to tread.

Impact100 Sydney North EOI for $100,000 grant extended to June 12

Impact100 Sydney North: The deadline for EOI applications for projects helping children and young people at risk in the Greater Sydney region has been extended.

Embracing Philanthropy’s Quirks

Pro Bono: If philanthropy could embrace its quirks, we might spend less time theorising about unreachable goals for “strategic philanthropy” and more time focusing on what is practically achievable.

Philanthropy like Andrew Forrest’s helps universities drive growth

Financial Review: Not only can giving have specific benefit for the recipients, if it is done publicly, it can encourage others to follow suit.

Twiggy Forrest donation: more philanthropy means more risk-taking – and that’s good

The Conversation: The announcement again highlighted that philanthropy in Australia really is coming of age.

Twiggy Forrest’s philanthropy is great. But he could have just paid more tax

Guardian: Philanthropy from wealthy individuals is many things: generous, inspiring, and selfless. But it is also inherently undemocratic.

When and How to Shut Down a Partnership

SSIR: In a global development sector tight on resources, partnerships should shut down after accomplishing (or failing to achieve) their missions.

How to Tell Your Corporate Philanthropy Story with Authenticity

Versaic: Four steps that can help ensure your story truly reflects your company’s core business and values.

“No Time for Business as Usual.” How a Progressive Funder is Changing in the Trump Era

Inside Philanthropy: Funders are being pulled between staying the course with existing programs and rushing to meet new needs that seem to emerge daily.

Andrew ‘Twiggy’ Forrest donates $400m, the ‘biggest single philanthropic gift’ by living person

ABC: Mining magnate Andrew “Twiggy” Forrest and his wife Nicola are donating $400 million to be used for a number of causes, including cancer research and the eradication of slavery.

Andrew Forrest leads the way as corporate philanthropy gets fashionable

Financial Review: The $400 million gift to society by Andrew and Nicola Forrest is certainly at the extreme edge of modern philanthropy in Australia but it’s also leading an even bigger trend occurring in business circles.

Impact Investors Manage $114 Billion in Assets: GIIN Annual Survey

Think Advisor: In 2016, 209 leading impact investors committed a total of $22.1 billion into 7,951 impact investments.

Australian impact investing primed to reach $32bn

Financial Standard: A new initiative to support the development of Australia and New Zealand’s impact investment market has been launched by Responsible Investment Association Australasia and Impact Investing Australia.

Inside the growing business trend of giving all your profits away

Fast Company: Newman’s Own pioneered the idea of a philanthropic enterprise. Now, it’s helping to coalesce a new movement.

Effective philanthropy and how to achieve it

The Australian: It makes sense to give to charities — it’s a tax-effective way to support the community and direct help to where it’s needed the most.

5 Priceless Benefits Entrepreneurs Gain From Philanthropy

Forbes: You don’t have to be the founder of a billion-dollar tech giant to get started with philanthropy. All you need is the desire to help others, and the willingness to put in the effort to make a change.

Philanthropy New Zealand Award winners announced

Community Scoop: Three New Zealanders were recognised for their dedication to making a positive difference at the inaugural Philanthropy New Zealand Awards.

Craig Winkler Sells Part of Xero Shareholding to Fund Philanthropy

Xero: As a committed philanthropist, Winkler has informed Xero that he will seek to distribute 100% of Givia’s assets over approximately a 10 year time frame.

Ex-President, New Philanthropist: A First Look at Obama Giving

Inside Philanthropy: At the moment, the Obama Foundation is mostly focused on the Obama Presidential Center (OPC) on Chicago’s South Side.

3 Things Philanthropists Can Do During Times of Political Change

SSIR: As philanthropists seek to drive philanthropic impact in the Trump era, they must reassess their strategies and approaches, and consider new opportunities while remaining true to their beliefs.

Why the Dell Foundation is betting big on social entrepreneurs

Fast Company: A new report from the foundation, called A Philanthropist’s Guide to the Future, lays out a path forward for how to better fund societal change.

Technology for the People: What’s Microsoft Philanthropies Been Up To?

Inside Philanthropy: It may come as a surprise to some, but Microsoft Philanthropies is a fairly new outfit.

Collective Impact on the Ground

SSIR: An in-depth look at an environmental education collaborative during the early stages of its collective impact process.

Impact100 Sydney North calls for EOIs for Syd projects supporting young people at risk

Impact100 Sydney North: Applications for the inaugural $100,000 high impact grant are open. Projects helping children and young people at risk in the Greater Sydney region can submit an EOI by Friday 2 June.

Canon Australia launches Donate or Keep campaign

Canon: Canon Australia has partnered with local charities; Cancer Council Australia, Australian Red Cross and Starlight Children’s Foundation, to give consumers an opportunity to support them.

Australian nonprofit sector more innovative according to GiveEasy Innovation Index

GiveEasy: The 2017 GiveEasy Innovation Index has reported a 9 per cent increase in innovation performance for Australian not-for-profits in the last 12 months.

Commonwealth to Fund Social Impact Investing

Pro Bono: The federal government will partner with the states and territories and other stakeholders to trial social impact investing (SII) to determine the effectiveness of outcomes-focused investing in improving housing and welfare for young people.

Barriers to Funder Collaboration and the Will to Overcome Them

SSIR: Foundation leaders know the social sector needs more and better collaboration for impact, but four barriers often get in the way.

Our Peaks are in a Funding Trough

Pro Bono News: A voice needs a body… To have an effective sector voice we need an effective and well-resourced sector body.

In Formation: A Singer’s Philanthropy Hits a Higher Note

Inside Philanthropy: Beyoncé’s new Formation Scholars initiative seems like a new level of intentionality in her philanthropy.

Systems Thinking: A View from the Trenches

SSIR: Four lessons from one foundation’s effort to put systems thinking into practice.

Corporate Philanthropy: It’s Not Just Money That Changes The World

Entrepreneur: Sometimes there is a better way to help than writing a check.

5 Questions Grant Makers Should Ask About the First 100 Days of Trump Era

Chronicle of Philanthropy: It’s an opportune moment to assess philanthropy’s response to the cultural and political changes buffeting the country.

Peter Buffett Stirred the Pot Over the Role of Philanthropy

Alternet: The artist and musician has a new vision for community and sustainable farming—and yes, he is Warren’s son.

Five organisations redefining philanthropy

Forbes: The leaders of integrating purpose and profit are redefining the concept of philanthropy.

Philanthropy’s Response to Trump Misses Focus on the Most-Alienated Americans

Chronicle of Philanthropy: Now that the first 100 days of Trump administration have come and gone, it’s fair to say the philanthropic sky hasn’t fallen.

A Unique Funder’s Support for Food Systems in Native Communities

Inside Philanthropy: This forward-thinking funder supports food and agriculture in Native American communities, including food sovereignty, meaning food production that is sustainable, healthy and driven locally by native communities

Philanthropy 50: biggest private givers in 2016

Financial Review: The Paul Ramsay Foundation sits atop the inaugural Philanthropy 50 list, which details the top private gifts across the country in the financial year to June 30, 2016.

Philanthropy supporting innovation and the untested

Coutts: Risk often takes on a negative connotation, but in philanthropy it can be positive or even necessary.

Can Bloomberg, Coal’s Billionaire Foe, Help Communities Hurt by its Decline?

Inside Philanthropy: Mike Bloomberg, one of philanthropy’s biggest crusaders against coal, is now funding efforts to rebuild local economies that have suffered as the industry has collapsed.

Impact investing a true asset class: Myer

The Australian: Shared value investing has now become a true asset class that has opened doors for groups such as the Myer philanthropic foundation to provide true risk capital for start-up business, according to new Myer Family Investments chairman Sidney Myer.

Patient Philanthropy: How a Small Foundation Got Big Results

Nonprofit Quarterly: A small size can enable a certain flexibility and responsiveness that can drive change perhaps even more effectively than the most competent big budget efforts.

Silicon Valley philanthropy has unintended consequences

Financial Times: Givers have been criticised for wielding disproportionate power over public life.

What’s Different About the “New” Philanthropists? (If Anything)

Inside Philanthropy: Today’s new donors are quite heterogeneous in their backgrounds, thinking, and approaches.

The Pivotal Importance Of Purposeful Philanthropy In The United States

Huffington Post: Trump’s federal budget will make philanthropy even more critical than it is today in the United States for promoting the common good and equality of opportunity for all and not just the privileged few.

Grantmakers Anticipate Philanthropy Playing More Important Role

Philanthropy News Digest: The informal “Pulse Check” survey looked at how changes today in politics may impact philanthropic behaviour in the year ahead, both in terms of giving practices and investments.

Money Can Break Down Walls in Philanthropy

Huffington Post: At the Pollination Project, our team has used a decentralized “flow funding” model, all over the world, to reach activists and projects that are otherwise cut off from traditional funding sources.

The five biggest myths about impact investing

Investment News: It is time to put the old perceptions and uninformed impressions to rest

Four Points Sydney a five-star buy for Impact Investment

The Australian: Aggressive Melbourne fund manager Impact Investment Group has entered the Sydney hotel market for the first time, buying the yet to be completed Four Points by Sheraton hotel at Central Park as well as a significant parcel of office space in a deal worth nearly $190 million.

Gandel Philanthropy’s Vedran Drakulic sets $25,000 fundraising goal for Vinnie’s CEO Sleepout

All donations received for Drakulic’s participation in the CEO Sleepout 2017 will once again be matched dollar-for-dollar by Gandel Philanthropy.

How top philanthropists wield power through their donations

New York Times: Big philanthropic donations garner big attention. And any criticism of them often comes long after the ribbon-cutting, and even then it can seem churlish.

Systems Change in a Polarized Country

SSIR: A growing number of US foundations are adopting practices based on systems change to achieve their goals in the current political environment.

Ford Foundation is unlikely convert to impact investing

New York Times: The Foundation is now in the vanguard of an approach to endowment management that breaks with generations of investment orthodoxy.

Now Is the Time for Foundations to Invest for Mission and Impact

SSIR: You don’t have to be one of the nation’s largest foundations or committed to 100 percent for mission to have a major impact.

Zuckerberg says Facebook doesn’t focus on charity because it’s already doing plenty of good

Quartz: to Facebook, giving back means focusing on social media.

Flight Centre founders pour $18.5 million into conservation

Brisbane Times: Flight Centre founder Graham Turner and his wife, Jude Turner, launched the collaboration with the University of Queensland at their Spicers Hidden Vale retreat at Grandchester, west of Brisbane.

Real Change: How This Grantmaker Got Serious About Diversity

Inside Philanthropy: After years of paying lip service to the concepts of diversity and inclusion, some charities have completely restructured their operations—going well beyond the tokenism that has angered and alienated minority communities for years.

Social enterprise from both sides of the fence – Generosity Forum 2017

Social Traders: “It’s the role of philanthropy to drive social innovation and support organisations working to do things differently in order to make a difference” – Natalie Elliott, William Buckland Foundation.

Omidyar network gives $100 million to boost journalism and fight hate speech

Washington Post: The philanthropy established by eBay founder Pierre Omidyar will contribute $100 million to support investigative journalism, fight misinformation and counteract hate speech around the world.

Shaping the future of philanthropy

Perpetual: A landmark report on Australia’s philanthropic sector has revealed philanthropists are placing the organisations behind the causes under intensifying scrutiny when determining their funding priorities.

Australian Unity Trustees creates philanthropy role

Investor Daily: Australian Unity Trustees has appointed Caroline Whitby to a newly introduced leadership role aimed at managing the business’ philanthropic work.

Solving the World’s Biggest Problems: Better Philanthropy Through Systems Change

SSIR: A growing number of philanthropists and nonprofits are embracing the principles of systems change as an effective way to solve the world’s biggest problems.

Unleashing the Power of Endowments: The Next Great Challenge for Philanthropy

SSIR: For the better part of two decades, the world of philanthropy has been engaged in an important, sometimes contested, conversation about “impact”—both how we measure it and how we deliver it.

The Ford Foundation Is Committing Up To $1 Billion To Mission-Related Investments

Forbes: For social entrepreneurs, it means a major endorsement of the double-bottom line approach and, of course, potentially more financing from the funds receiving the foundation’s money.

Nonprofit sector the happiest at work

Mwah: New research conducted by Curtin University, in collaboration with Making Work Absolutely Human (mwah.), reveals that while pay, job security and hours of work count, it’s the job itself that matters most.

Learning to use the philanthropy tool box

LMCF: Catherine Brown shares the three most important things she’s learned while working in philanthropy.

Yes, Men’s Giving Circles Exist! How Guys Are Stepping Up to Give Locally

Inside Philanthropy: We are seeing more networked donor efforts spearheaded by men. And we’re seeing some male giving circles, too.

Is there a disconnect between impact investing and gender lens investing? It’s complicated

Generocity: “We don’t really invest with a gender lens, and I personally don’t, but I have invested in a lot of companies that are led by women,” said Investors’ Circle President Annarie Lyles.

Impact Investment Group plans to buy Sydney hotel and offices

The Australian: Funds manager Impact Investment Group is planning its first hotel acquisition by buying Sydney’s Four Points by Sheraton, Central Park and some associated office space in a deal worth about $190 million.

Strengthening the Impact Investing Movement

SSIR: Segmenting the field to better align expectations of risk, returns, and impact; increasing the rate of adoption with important stakeholders; and stepping up work in the United States—a look at Omidyar Network’s priorities in advancing the movement.

The Problem With Modern Philanthropy

The Atlantic: A new book argues that the giving patterns of today’s wealthy may present challenges to the democratic process.

A new way of giving is changing philanthropy

The Economist: But concerns linger over some features of donor-advised funds.

Like George Michael, we’re all private philanthropists

Guardian: Much has been made of the singer’s secret donations, but people on lower incomes give proportionately more than wealthy donors without any fanfare.

Sick of Online Hate? So Is This Billionaire Philanthropist

Inside Philanthropy: The Omidyar Network is providing seed funding for an Anti-Defamation League centre in Silicon Valley that will help digital companies find ways to fight online hate.

AEGN releases statement in response to government’s State of the Environment report

AEGN: Compiled every five years, the report provides a powerful roadmap authored by independent scientists. For philanthropists it provides an opportunity to consider how they can make a real difference to the future of our environment.

David Rockefeller, billionaire philanthropist, dies aged 101

Guardian: Last of his generation in one of America’s most famous families led a network of interests both business and philanthropic, from conservation to the arts.

How Trump Presidency Is Boosting Demand for Impact Investing, ESG Funds

Think Advisor: Trump’s executive orders and proposed budget cuts affecting environmental and social programs are increasing demand for impact and ESG investments.

How to Raise Your Child to Be a Philanthropist

Wall Street Journal: Experts advise to start talking to children about philanthropy when they’re young and continue to have those discussions as they grow.

The Future of African-American Philanthropy

Philanthropy News Digest: African Americans are four times as likely as donors from other racial or ethnic groups to use social media to raise funds and/or awareness for a cause.

How billionaire philanthropists could really make an impact

Ethical Corporation: If the likes of Bill Gates and Mark Zuckerberg were to put their money into impact investment instead of grants they could make a real contribution to the Sustainable Development Goals.

Out of the “Philanthropic Shadows.” As the Toll from Opioids Grows, Who’s Giving for Addiction Medicine?

Inside Philanthropy: Few foundations and major donors are dedicating resources to combating what’s been called America’s worst drug crisis ever.

La Trobe half way to $50m target

The Australian: La Trobe University’s first ever fundraising campaign got off to a bright start after it managed to attract $20 million in donations.

Don’t Give Big. Instead, Invest Thoughtfully.

SSIR: This spring, community foundations around the US will host one-day, online giving campaigns for nonprofits in their regions. But the model needs an overhaul if it’s going to benefit more than the community foundations themselves.

Philanthropist Chuck Feeney’s tale inspired Bain Capital MD Amit Chandra to donate wealth

Economic Times: During a trip to San Francisco, the Bain Capital top boss met philanthropist Chuck Feeney, who is one of the biggest givers of the past 100 years.

Crowdfunding Will Change Philanthropy—But How?

Nonprofit Quarterly: Crowdfunding generated more than $34 billion in worldwide donations, equity funding, and person-to-person lending in 2015.

Why philanthropy must do more on climate change

William & Flora Hewlett Foundation: Given structures and technologies available right now, it is still possible for nations to transition to clean energy in a cost-effective manner and over a reasonable period of time—improving billions of lives.

New social bond advocates gender equality

Financial Standard: National Australia Bank is issuing a social bond that will enable institutional investors to directly invest in Australian organisations actively championing women and equality in the workplace.

Lessons Learned from a Journey to Impact Investing

Center for Effective Philanthropy: Through this learning process, we came to appreciate that all of our capital — intellectual, social, and financial — has a shared purpose.

Can millennials, crowdfunding, and impact investing change the world?

Huffington Post: As millennials continue to age and start investing, more and more companies are likely to recognise potential in crowdfunding for impact investment.

Atlassian founders plant seeds of expanding culture of giving

The Australian: The 1 per cent pledge taken by Farquhar and Cannon-Brookes, now both 37, has evolved into a broader philanthropic movement.

Climate Institute to shut due to lack of philanthropic support

Sydney Morning Herald: Australia’s original climate change-focused think-tank and lobby group will shut after it failed to replace the multi-million-dollar bequest it relied on.

Chinese Women 42% More Engaged in Philanthropy Than Men

Yahoo Finance: A new survey out this week to coincide with International Women’s Day says Chinese women are considerably more likely than their male counterparts to donate to philanthropic projects.

Is the Philanthropic Elite a Scourge of Democracy or Its Guarantor?

Chronicle of Philanthropy: Americans Are Sick of Foundations and Other Elite Institutions That ‘Know Best’.

The Civic Media Crisis and What Philanthropy Can Do

SSIR: Protecting the independent media and the public sphere presents an epic challenge, but there is great opportunity for philanthropy to step up and help.