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More Thinking About Contest Philanthropy: Market-Based Approaches
In the wake of the Council on Foundation’s modification of its original plan to host a “pitch competition” at its annual meeting this year, two people associated with the Case Foundation wrote a blog post on the foundation’s website to defend the notion of nonprofits “playing by market-based approaches” or rules—as though they don’t all the time because of the structure of the U.S. economy. Trying to make their point that the criticism of the COF competition was a nonprofit reaction against the wisdom of “markets…[that] have this uncanny way of being candid, sending demand signals that companies need to pay attention and adapt to in order to thrive, if not survive,” the two authors stretched some points that were made in the criticism of the COF program.
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- philanthropy
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Viewpoint: Are Wealthy Donors Squashing Debate on Inequality?
Here's a scary picture that fits nicely into a growing populist critique of philanthropy: Wealthy donors are using the power of the purse to muffle debate about economic inequality.
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- philanthropy
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Here Come the Philanthropreneurs
Entrepreneurs using wealth and power to transform society are not a new phenomenon. A century ago, Andrew Carnegie’s love of libraries helped bring education to the masses, and he spent millions promoting world peace. Today’s "philanthropreneurs" are equally ambitious—and they’re succeeding, while redefining what it means to give and give back.
- Categories
- Impact Assessment
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- philanthropy
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Viewpoint: McKinsey & Company Starts Its Own Version of Bain’s Bridgespan
The announcement that Helene Gayle, the retiring CEO of CARE, was going to be inaugural CEO of the McKinsey Social Initiative struck us as noteworthy for reasons that other press outlets really haven’t covered.
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- Uncategorized
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Social Investment Problems Include ‘Too Much Hype and Hubris and Not Enough Transparency’ Says Report
Social investment in the UK requires less hype, more transparency from lenders and more focus on the needs of charities and social enterprises if it is going to succeed, according to a commission of thinkers and practitioners in the world of social finance.
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- Impact Assessment
- Region
- Europe & Eurasia
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That Time a Hedge Funder Quit His Job and Then Raised $60 Million for Charity
Elie Hassenfeld had an enjoyable and lucrative career in finance. Then he discovered an unusual passion.
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- Uncategorized
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10,000 Flat-Pack IKEA Shelters for Iraqi Displaced
The UN refugee agency has placed an order for 10,000 flat-pack refugee shelters designed by a social enterprise arm of furniture giant IKEA, with first delivery planned within months to camps across Iraq, where some 2.5 million people have been displaced by conflict.
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- Uncategorized
- Region
- North Africa & Near East
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- philanthropy
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What Qualifies As CSR and What Does Not?
Trees in your company campus, jobs for people with disabilities and fuel-efficient office cars may be good for the society and the environment. Continue the good work, but none of that counts as corporate social responsibility (CSR) under the law.
- Categories
- Environment
