Impact Investing: putting your money where your values are

More than ever, investors are pondering, “Am I destroying with my left hand what my right hand is trying to save?” Trillions of dollars are invested by millions of Americans in stocks and mutual funds, banks, and retirement funds like IRAs and 401(k)s, seeking to generate significant financial returns. Most of these investors are philanthropic,…

What’s love got to do with effective philanthropy?

The term “philanthropy” is a combination of two ancient Greek words: “philos” meaning “love” in the sense of caring for, nourishing, developing and enhancing; and “anthropos” meaning “human being” in the sense of our common humanity. A philanthropist is a person who expresses love of humanity through charitable efforts. Every year, hundreds of articles are…

Social enterprises use market forces for good

Many nonprofit organizations have made innovative social enterprises part of their daily operations to help them achieve their mission while creating sustainable sources of income to fund programs. Social enterprises don’t eliminate the need for charitable donations but, rather, supplement donations and grants by creating predictable revenue streams while serving the broader mission of the…

Women Changing the Face of Philanthropy

Women have changed the face of philanthropy. With more money and increased control and influence over how it is spent, more women than ever are making philanthropic investments to help address and solve the problems of our time. Consider these facts: Women represent 51 percent of the nation’s Ph.Ds, 67 percent of college graduates and…

10 Steps to Becoming a More Effective Philanthropist

Many donors look at their charitable efforts and wonder: Does the nonprofit I’m supporting really have an impact? What can I do to make my philanthropy more effective? Being an effective philanthropist doesn’t depend on the amount of time or money you give but rather upon how you approach your giving. Here are 10 steps…

Corporate Philanthropy Helps Turn Companies Into Good Citizens

The business case supporting corporate philanthropy is well documented. Enhanced employee recruitment, lower turnover, higher job satisfaction, customer preference and loyalty for companies that invest in communities, and higher profits have been demonstrated by studies. Although these might be interesting and important points that enhance stakeholders’ comfort with an expanded view of corporate citizenship, for…

Venture Philanthropy – Risky But Rewarding

Venture capital takes financial capital and expertise and provides them to high-potential, high-risk, startup businesses. Venture philanthropy uses the same approach and applies it to philanthropic donations in the nonprofit or social enterprise sector. Both VC and VP involve a commitment of time and resources, carry a high degree of risk and can produce outsized…

How to be a Strategic Philanthropist

This is the season when many people make charitable donations. This generosity is acutely needed and greatly appreciated. Next year, however, consider approaching your charitable giving as a strategic philanthropist, rather than as a donor. The difference between a donor and a philanthropist does not depend on how much time or money one gives to…

Ancient Ladder of Giving Can Guide Modern Philanthropy

More than 800 years ago, Moses Maimonides, known by many as Rambam, a rabbi, physician and philosopher, described eight rungs on the ladder of charitable giving. Remarkably, his approach is still pertinent to contemporary thinking about philanthropy. The first rung, at the bottom of the ladder, is reserved for donors who donate grudgingly — giving…