Philanthropy is a strange field in that very little is done to examine what “good” looks like. Unlike in business where there are common models for effective practice, philanthropists tend to make it up as they go along – how can you go wrong giving money to charity? Good or bad, you tend to get showered in praise either way. But what does good look like? Those looking to practice good philanthropy need to practice five key habits to stand a chance of success. Read more
Philanthropy is evolving. More and more business people are becoming active philanthropists and more and more people from business are moving into the non-profit sector. Frustrated by the perceived inefficiencies of the ‘traditional charity’, philanthropists are seeking to drive ‘value’ from their philanthropy.
This approach, however, leads philanthropists to safe decisions, capped outcomes, and ensuing feelings of dissatisfaction. A move to ‘professionalise’ philanthropy has undermined the very role it exists to serve – to innovate. Read more
Ten Years’ Time
Ten Years’ Time is an initiative of The Social Investment Consultancy (TSIC). Email: firstname.lastname@example.org