Strategic co-funding expands the impact of giving

Philanthropists from families, foundations and businesses are asking, “Can’t we accomplish more by working collectively instead of in silos?” In “Strategic Co-Funding: An Approach for Expanded Impact,” a new report published by Grantmakers for Effective Organizations and REDF, the authors assert, “Strategic co-funding is a key way grantmakers of all types and sizes can expand…

Next generation of donors committed to philanthropy

With $41 trillion expected to pass by inheritance to NextGen heirs in the coming decades, people are asking, “What’s going to happen to that wealth?” and “Will young people be as philanthropic as their elders?” The answer appears to be that young people are committed to philanthropy and will indeed quickly carry the torch and…

Corporate citizenship efforts pay off for U.S. businesses

When asked “Does business act responsibly?” 70 percent of Americans answered “yes” in 1968. By 2011, the percentage had dropped to 10 percent, according to a Yankelovich and CNN/USA Today Gallup Poll. Given recent revelations about outsourced fire-hazard sweatshops and megabank billion-dollar fraud settlements, it is doubtful that percentage has risen since then. In light…

Meaningful Philanthropy Can Be the Legacy You Leave

How many people can you name who lived 100 years ago? Including politicians, scientists, artists, inventors, historical figures and our own ancestors, many of us struggle to name even three dozen. How many of the 314 million Americans or 7 billion planetarians will be remembered 100 years from now? Very few of us will be…

Giving 10% of your holiday spending to charity could make a world of difference

Americans will spend an average of $750 per person on gifts for family, friends and colleagues in this upcoming holiday season, an increase of 4 percent over 2011. Predicted overall holiday spending will exceed $550 billion. Starting at Thanksgiving and continuing through December, most of us will gather to observe religious, cultural, historical and secular…

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…

Champ Bailey, Chauncey Billups, Todd Helton score big with charity work

Professional athletes are often criticized for being poor role models. Colorado has many athletes, however, who set an example of leadership with philanthropy. In order to understand why some of them dedicate their time outside the games to worthy causes, I asked three of Colorado’s best-known professional sportsmen. Denver Broncos All-Pro cornerback Champ Bailey grew…