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The New Philanthropists And The Emergence Of Venture Philanthropy
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Book Synopsis The New Philanthropists and the Emergence of Venture Philanthropy by : Brock Brower
Download or read book The New Philanthropists and the Emergence of Venture Philanthropy written by Brock Brower and published by Center for Strategic & International Studies. This book was released on 2001 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the fundamental shift in wealth behind all the recent eleemosynary activity dependent on the New Economy -- activity that is often accompanied by a challenging, entrepreneurial approach to giving-and attempts to evaluate how successful these venture philanthropists will be in their efforts to fund significant but tightly controlled and financially viable programs, while seeking to effect fundamental changes in the organizing principles of philanthropy.
Book Synopsis The Gift of Education by : K. Saltman
Download or read book The Gift of Education written by K. Saltman and published by Springer. This book was released on 2010-03-01 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a cutting edge book that not only maps and criticizes venture philanthropy but also offers a new and different way of conceptualizing public education in response to the neoliberal climate affecting all aspects of public education.
Book Synopsis New Frontiers of Philanthropy by : Lester M. Salamon
Download or read book New Frontiers of Philanthropy written by Lester M. Salamon and published by Oxford University Press. This book was released on 2014-06-13 with total page 769 pages. Available in PDF, EPUB and Kindle. Book excerpt: The resources of both governments and traditional philanthropy are either barely growing or in decline, yet the problems of poverty, ill-health, and environmental degradation balloon daily. It is therefore increasingly clear that we urgently need new models for financing and promoting social and environmental objectives. Fortunately, a significant revolution appears to be underway on the frontiers of philanthropy and social investing, tapping not only philanthropy, but also private investment capital, and providing at least a partial response to this dilemma. This book examines the new actors and new tools that form the heart of this revolution, and shows how they are reshaping the way we go about supporting solutions to social and environmental problems throughout the world. With contributions from leading experts in the field, New Frontiers of Philanthropy provides a comprehensive analysis of the many new institutions that have surfaced on this new frontier of philanthropy and social investment; the new tools and instruments these institutions are bringing to bear; the challenges that these actors and tools still encounter; and the steps that are needed to maximize their impact. The result is a powerful and accessible guide to developments that are already bringing significant new resources into efforts to solve the world's problems of poverty, ill-health, and environmental degradation; unleashing new energies and new sources of ingenuity for social and environmental problem-solving; and generating new hope in an otherwise dismal scenario of lagging resources and resolve. Investors, philanthropists, social entrepreneurs, nonprofit leaders, business executives, government officials, and students the world over will find much to build on in these pages.
Book Synopsis Private Foundations and Development Partnerships by : Michael Moran
Download or read book Private Foundations and Development Partnerships written by Michael Moran and published by Routledge. This book was released on 2014-01-10 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the influence of private United States (US) philanthropic foundations in the governance of global problems. Through a close scrutiny of four high profile case studies of public-private collaboration, the work addresses the vacuum present in global governance scholarship regarding the influence of foundations, arguing the influence of these actors extends beyond the basic material, and into the more subtle and complex ideational sphere of policy and governance. This book: charts the growth of private forms of governance and foundations’ role in deepening and extending private power in global politics provides a historical examination of private foundations in international affairs including their centrality in the development of the institutional architecture in international health and agriculture and the linkage back to domestic political systems analyses the new modes of philanthropy and giving styles – particularly venture philanthropy and ‘philanthrocapitalism’ – and how these are being rearticulated in the aid architecture and in development discourses evaluates distinctive features and unique attributes of foundations as transnational actors (including their limitations) – how they use these attributes when exercising policy influence and how they negotiate and collaborate with other state and non-state actors in global governance provides an introduction to three prominent foundations – Gates, Rockefeller and the Acumen Fund – and four key partnerships – IAVI, GAVI, AGRA and A to Z textile Mills. This work will be of great interest to students and scholars of international organizations, international political economy and development studies.
Book Synopsis Tech Billionaires by : Lewis D. Solomon
Download or read book Tech Billionaires written by Lewis D. Solomon and published by Routledge. This book was released on 2017-09-08 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first decade of the twenty-first century a new wave of thinking has emerged from tech billionaires that may shape the way private capital gets invested to tackle social problems. These entrepreneurs broke the business mold in the 1980s and 1990s and are now trying to break the traditional pattern of philanthropy pioneered by Andrew Carnegie and John D. Rockefeller, Sr. some one hundred years ago. Combining billions of dollars of their personal capital with new ideas, cutting-edge businesslike techniques, media and marketing savvy, the tech benefactors profiled in this book are attacking some of the globe's most intractable societal problems. In trying to make a difference in the world, these new philanthropists, dubbed "philanthrocapitalists" by rhe author seek to break down traditional barriers dividing business, charity, and government. As a result of the rapid wealth creation in recent years, the world now boasts 1,125 billionaires, many of whom are self-made, according to the Forbes' 2008 list, including Bill Gates, Pierre Omidyar, Jeffrey Skoll, Stepehn Case, Sergey Brin, Larry Page, and more. Their massive wealth has created new philanthropic challenges. Imaginative giving by the new billionaires is beginning to transform philanthropy in terms of timing, involvement, strategy, and tactics. How this development impacts society as a whole is the subject of Lewis Solomon's book. As the author notes, the traditional categories of business and philanthropy may no longer serve to meet the challenge of social problems. In the twenty-first century the tools and resources used to solve societal problems will be far more varied and mixed than previously. We now see interesting partnerships and new ways of thinking. The divide between profit and social good will narrow. If successful in using their money in innovative ways, government or for-profit business could scale up the catalytic efforts of the new philanthropists. This volume is a proactive, innovative guide to a new era, not just a new technique of monetary support.
Book Synopsis Affecting Philanthropic Propensity by : Hubert E. Sales
Download or read book Affecting Philanthropic Propensity written by Hubert E. Sales and published by . This book was released on 2012 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence in the recent past of the "new philanthropists", characterized by a business-savvy, results-oriented, strategic mindset and a desired to be fully engaged in the nonprofits they support, was heralded in the both the popular and academic literature. While the movement towards a new paradigm of philanthropy has fostered change in traditional funding organizations and nonprofit agencies, what has not been fully investigated is the efficacy of membership in the new philanthropy on the philanthropist. This study examines how being a member of a specific venture philanthropy organization meets the motivations of the philanthropist, and whether an outcome of being a member is a future of increased propensity to philanthropic activity.
Book Synopsis Policy Patrons by : Megan E. Tompkins-Stange
Download or read book Policy Patrons written by Megan E. Tompkins-Stange and published by Harvard Education Press. This book was released on 2020-07-29 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy Patrons offers a rare behind-the-scenes view of decision making inside four influential education philanthropies: the Ford Foundation, the W. K. Kellogg Foundation, the Bill & Melinda Gates Foundation, and the Eli and Edythe Broad Foundation. The outcome is an intriguing, thought-provoking look at the impact of current philanthropic efforts on education. Over a period of several years, Megan E. Tompkins-Stange gained the trust of key players and outside observers of these four organizations. Through a series of confidential interviews, she began to explore the values, ideas, and beliefs that inform these foundations’ strategies and practices. The picture that emerges reveals important differences in the strategies and values of the more established foundations vis-à-vis the newer, more activist foundations—differences that have a significant impact on education policy and practice, and have important implications for democratic decision making. In recent years, the philanthropic sector has played an increasing role in championing and financing education reform. Policy Patrons makes an original and invaluable contribution to contemporary discussions about the appropriate role of foundations in public policy and the future direction of education reform.
Book Synopsis Billions of Drops in Millions of Buckets by : Steven H. Goldberg
Download or read book Billions of Drops in Millions of Buckets written by Steven H. Goldberg and published by John Wiley & Sons. This book was released on 2009-06-15 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for BILLIONS OF DROPS in MILLIONS OF BUCKETS "Billions of Drops in Millions of Buckets provides a bracing and original look at philan-thropy that offers a much-needed corrective to conventional wisdom. Steve Goldberg combines a resolve to understand why so much philanthropy accomplishes so little enduring social change with a timely and serious proposal to reinvigorate nonprofit capital markets through the simplest of insights: getting more of the money to where it can do the most good. This book will change how forward-looking philanthropists, foundations, and policymakers think about the relationship between charitable giving and the transformative capacity of social entrepreneurs." —Jerr Boschee, founder and Executive Director, The Institute for Social Entrepreneurs; Visiting Professor of the Practice in Social Enterprise, Carnegie Mellon University "Goldberg's arguments are logical next steps in the rapidly evolving discussion of social capital markets. He offers ambitious proposals informed by the reality of current practices and focused on an achievable set of goals. He fully recognizes the potential for restructuring that is inherent in this time of financial hardship. Real change relies on big ideas, and Steve Goldberg offers us several." —Lucy Bernholz, author of Creating Philanthropic Capital Markets: The Deliberate Evolution "When I first heard about 'evidence-based medicine,' I thought: 'you mean it isn't?' Read this book and that's how you'll feel about 'performance-based philanthropy.' Goldberg takes some of the best current management thinking and applies it to social enterprise, illuminating both the encouraging successes of social entrepreneurs and the barriers they face. Even better, he presents compelling ideas for making the social sector vastly more effective." —Christopher Meyer, Chief Executive, Monitor Networks "Goldberg calls for more 'performance-driven philanthropy,' where nonprofits are rewarded based on their results, in place of the current dysfunction. It is an important call and a valuable contribution to discussions about how to improve nonprofits in the U.S. and internationally." —Martin Brookes, Chief Executive, New Philanthropy Capital "Billions of Drops... is a must-read romp through emerging fields of social entrepre-neurship and nonprofit capital markets." —George Overholser, founder and Managing Director, NFF Capital Partners
Download or read book The Givers written by David Callahan and published by Vintage. This book was released on 2017-04-11 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: An inside look at the secretive world of elite philanthropists--and how they're quietly wielding ever more power to shape American life in ways both good and bad. While media attention focuses on famous philanthropists such as Bill Gates and Charles Koch, thousands of donors are at work below the radar promoting a wide range of causes. David Callahan charts the rise of these new power players and the ways they are converting the fortunes of a second Gilded Age into influence. He shows how this elite works behind the scenes on education, the environment, science, LGBT rights, and many other issues--with deep impact on government policy. Above all, he shows that the influence of the Givers is only just beginning, as new waves of billionaires like Mark Zuckerberg turn to philanthropy. Based on extensive research and interviews with countless donors and policy experts, this is not a brief for or against the Givers, but a fascinating investigation of a power shift in American society that has implications for us all.
Book Synopsis Leverage for Good by : Lester M. Salamon
Download or read book Leverage for Good written by Lester M. Salamon and published by Oxford University Press. This book was released on 2014-04-25 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the resources of both governments and traditional philanthropy barely growing or in decline, yet the problems of poverty, ill-health, and environmental degradation ballooning daily, new models for financing social and environmental objectives are urgently needed. Fortunately, a revolution is underway in the instruments and institutions available to meet this need. Loans, loan guarantees, private equity, barter arrangements, social stock exchanges, bonds, social secondary markets, and investment funds are just some of the actors and tools occupying the new frontiers of philanthropy and social investment. Together they hold the promise of leveraging for social and environmental purposes not just the billions of dollars of charitable grants but the hundreds of billions, indeed trillions, of dollars of private investment capital. While the changes under way are inspiring, they remain largely uncharted. This concise introduction to the topic, and its companion volume, provide the first comprehensive and accessible roadmap to these important advances. In the process, these works will better equip investors, philanthropists, social entrepreneurs, nonprofit leaders, business executives, government officials, and students the world over to capture the opportunities that these developments hold out to them and to our world.
Book Synopsis How Does an Organization Position Itself to be Successful Working with Venture Philanthropists and Social Entrepreneurs? by : Jacqueline A. Farrell
Download or read book How Does an Organization Position Itself to be Successful Working with Venture Philanthropists and Social Entrepreneurs? written by Jacqueline A. Farrell and published by . This book was released on 2012 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Venture philanthropy has evolved in just over fifteen years amidst enthusiasm and controversy. It has solidified a place that encompasses a variety of funding models with unique characteristics that make it different from traditional philanthropy. How does an organization position itself to work with venture philanthropists and social entrepreneurs? This literature review explores that question. The characteristics of venture philanthropy along with its synonym high engagement philanthropy, are cited. As social entrepreneurs and philanthrocapitalists are often associated with venture philanthropy, they are also defined from current literature. The literature reveals that the controversies surrounding the practice of venture philanthropy are best understood by understanding the history of those who began funding the model. Literature shows that venture philanthropy typical funds complete projects for a number of years and offers pro bono expertise to an organization along with grants. The literature suggests an organization needs to ask itself if it is ready to have a highly engaged donor and possible increased documentation along with new funds. Literature reveals that venture philanthropy is especially useful in areas where government funding has been cut or that are too risky for traditional foundation grants. Literature shows where these new donors are found, how they are solicited, the outcome documentation they desire, and the legal agreements they seek along with possible royalties. These items present educational and policy considerations for an organization's leadership and development team to study in order to position itself to work with venture philanthropists.
Book Synopsis High Impact Philanthropy by : Kay Sprinkel Grace
Download or read book High Impact Philanthropy written by Kay Sprinkel Grace and published by John Wiley & Sons. This book was released on 2001 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: High Praise for High Impact Philanthropy "Successful navigation through today’s changing world of philanthropy requires greater understanding by nonprofits and donors. High Impact Philanthropy meets this need."–Roberta W. Gutman, Executive Director, Motorola Foundation "At a time when the terrain of American philanthropy is so rapidly shifting in new and unprecedented ways, this bright and focused analysis stands as a beacon of innovative thinking for donors and community organizers alike. By sketching in bold strokes the case for more effective collaborative giving, this book may well help transform our communities in the twenty-first century."–Peter deCourcy Hero,President, Community Foundation Silicon Valley "High Impact Philanthropy provides a thoughtful analysis of how venture philanthropy is changing the way nonprofits run and how philanthropists give. Important parallels are made to the business world, demonstrating how nonprofits and donors can both benefit from putting their business hats on and running their organizations and giving programs like businesses."–Jan D’Alessandro Wadsworth, Vice President, AOL Foundation "High Impact Philanthropy is an effective and articulate guide to planning a major gifts strategy, soliciting major gifts from individuals in a personable and efficient manner, and integrating this essential task into the very structure of a nonprofit organization."–Claude Rosenberg, Founder, New Tithing Group
Download or read book Venture Philanthropy written by and published by . This book was released on 2002 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Philanthrocapitalism by : Matthew Bishop
Download or read book Philanthrocapitalism written by Matthew Bishop and published by Bloomsbury Publishing USA. This book was released on 2010-06-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: For philanthropists of the past, charity was often a matter of simply giving money away. For the philanthrocapitalists-the new generation of billionaires who are reshaping the way they give-it's like business. Largely trained in the corporate world, these "social investors" are using big-business-style strategies and expecting results and accountability to match. Bill Gates, the world's richest man, is leading the way: he has promised his entire fortune to finding a cure for the diseases that kill millions of children in the poorest countries in the world. In Philanthrocapitalism, Matthew Bishop and Michael Green examine this new movement and its implications. Proceeding from interviews with some of the most powerful people on the planet-including Gates, Bill Clinton, Warren Buffett, Oprah Winfrey, and Bono, among others-they show how a web of wealthy, motivated donors has set out to change the world.
Book Synopsis Solving the Giving Pledge Bottleneck by : Sean Davis
Download or read book Solving the Giving Pledge Bottleneck written by Sean Davis and published by Springer Nature. This book was released on 2021-08-27 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the historic inflection point we are in, both in terms of philanthropy in general, and specifically in financing the solutions to our largest and most urgent social and environmental problems. It covers the two movements that have recently had a dramatic influence on capitalism. First, wealthy millennials have been pressuring their bankers to invest their family portfolios in companies with high social and environmental impact (ESG ratings), triggering a wave where the wealth management industry, and now all public companies, are significantly adapting to the increasing demand for good. Second, The Giving Pledge triggered another wave, changing what success and the accumulation of wealth means. It has even begun to redefine the goal of capitalism as more than 200 billionaires have pledged to give half or more of their wealth away. This book also focuses on the bottleneck problem that The Giving Pledge has created, as it is very hard to give hundreds of billions away with measurable impact to nonprofits lacking detailed long-term plans to scale. Nonprofits have never had the luxury of having all the resources to invest in the planning, management training and systems needed to rapidly expand. Thus taking in very large gifts is very difficult, and almost impossible to justify. Large philanthropy can always be used for traditional capital campaigns and to fund endowments, yet The Giving Pledge signers are often looking for large visible impact beyond these traditional avenues. The result is a bottleneck which has grown as more billionaires pledge their funds away while their wealth continues to skyrocket and giving rates stay very small. Finally, this book covers the emergence of large giving vehicles, modelled after the private equity industry. They have sophisticated third-party managers focused on deploying funds and supporting management teams. It also covers the scaling of nonprofits in a significant way (“Big Bets”) as well as investing large philanthropy through for-profits as Program Related Investments (PRI) at scale. This book is of interest specifically to nonprofit and foundation leaders, as well as wealth managers, estate attorneys and other philanthropic advisors. It is also of interest to investors and corporate CEOs as they begin to access these large pools for philanthropic capital to increase their impact. This book is focused on providing those with the ability to make large philanthropic investments a path to scale their impact and increase their fulfillment and that of their family. It provides a step-by-step guide of how these approaches, especially PRI at scale, can actually solve the social and environmental challenges that have been seemingly hopeless.
Download or read book Leap of Reason written by Mario Morino and published by Mario Morino. This book was released on 2011 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leap of Reason is the product of decades of hard-won insights from philanthropist Mario Morino, McKinsey & Company, and top social-sector innovators. It is intended to spark the critically important conversations that every nonprofit board and leadership team should have in this new era of austerity. The authors make a convincing case that the nation's growing fiscal crisis will force all of us in the social sector to be clearer about our aspirations, more intentional in defining our approaches, more rigorous in gauging our progress, more willing to admit mistakes, more capable of quickly adapting and improving--all with an unrelenting focus on improving lives.
Book Synopsis The New Philanthropists by : Charles Handy
Download or read book The New Philanthropists written by Charles Handy and published by Random House. This book was released on 2011-05-31 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who are the new philanthropists? And how is their philanthropy 'new'? In this remarkable and inspiring book, the eminent management writer Charles Handy and his wife Elizabeth, a portrait photographer, have collaborated to portray a new generation of practical philanthropists, men and women who have made their own fortunes and decided to move on from financial success to try to help those in need. They are doing so not simply by giving their money away to charities and agencies but by helping actively, working on the spot with the very people who need their aid, ensuring that the initiatives are sustainable in the longer term. As in their acclaimed The New Alchemists, the Handys have both interviewed and photographed their subjects in order to tell their inspiring stories; from the Sydney restaurateur Jeff Gambin, who personally helps to cook hot and cold menus for homeless people; to Niall Mellon, a young Irish property developer who is replacing the shacks with breeze-block homes in a South African township; and Sara Davenport, who sold her art gallery and set up the breast-cancer care centre the Haven Trust to offer integrated and holistic treatment and support. This striking book of words and photographs reveals the energy and inspiration of these new ways of using wealth, revealing the motivations and satisfactions of such direct action.
