Weekly Reads
“Giving families are powerful levers for social improvement and an indispensable part of the philanthropy ecosystem. Families need to—and can—step up to this challenge. Many already are. Others are uncertain how to do so. We hope the ideas and examples [here] provide guidance and inspiration.” [more]
Michael Moody, Dorothy A. Johnson Center for Philanthropy, and Nick Tedesco, National Center for Family Philanthropy, for Stanford Social Innovation Review
“Bill Gates is putting a timeline on the Bill & Melinda Gates Foundation, which he co-chairs with his ex-wife, fellow billionaire Melinda French Gates. Speaking at the 2022 Forbes 400 Philanthropy Summit, the Microsoft founder-turned-philanthropist announced the foundation plans to wrap up in 25 years. ... ‘We think spending all the money in that timeframe makes sense. So we'll be shifting money over more and more, we committed to raise the spend level up.’” [more]
Forbes
“Funders, of course, are powerful stakeholders, and they continue to exert a strong influence over how the social sector conducts performance measurement. Sometimes that can cause harm. But there is an ongoing shift in the field to provide nonprofits and NGOs with more space to tailor their measurement approaches less to the needs of funders and more to the needs and ambitions of the constituents and communities an organization serves.” [more]
Mariah Collins, Sebastian Gonzalez, Elias Rosenfeld, Bradley Seeman, The Bridgespan Group
“[C]ollaboratives engaging in anti-racism work could not see themselves or their approach fitting what they imagine philanthropists support for social change. ... In our own work with funders, we often hear hesitation to fund such efforts. That disconnect is a shame. ... After all, efforts that dismantle the structural racism at the heart of our most challenging social problems are the bedrock of building an equitable society for us all. They should be recognized and valued.” [more]
Britt Savage, Cora Daniels, Michael Borger, and Peter Kim, The Bridgespan Group
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