Philanthropy & Funding

A Checkup on PRIs

For one leading health funder, program-related investments have become a promising way to help underserved populations.

Back in 2006, I helped the California HealthCare Foundation (CHCF) launch its Innovations for the Underserved program. The goal of the program was to fund “disruptive innovation.” In using that term, we took our cue from Clayton Christensen, a professor at Harvard Business School, who defined a disruptive innovation as one that “brings a much more affordable product or service that is much simpler to use into a market.” We quickly realized, however, that most typical CHCF...


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If We Want Our Funding to Change the World… - Thumbnail
Philanthropy & Funding

If We Want Our Funding to Change the World…

Featuring Donors Forum

Grantmakers and nonprofit leaders at the Donors Forum—an annual convening in Illinois to advance social change institutions—discuss the real cost of running an effective nonprofit and why it is essential for grantmakers to support indirect costs.

Great Management Creates Great Impact - Thumbnail
Philanthropy & Funding

Great Management Creates Great Impact

Featuring Josh Beckenstein

Philanthropist Josh Bekenstein of Bain Capital explains how philanthropists unwilling to cover nonprofits’ indirect or overhead costs are missing the opportunity to completely support that organization’s mission.