No-strings-attached prizes incentivize innovation, but private foundations need to structure them carefully to avoid prohibitive penalty taxes.
The whirlwind year for social enterprise saw new investments, corporate forms, and business models.
There may not be one resolution to wicked problems and nonprofits can’t—and shouldn’t—do it all.
The disruptive force of the "new philanthropy" holds the promise of helping to reduce inequality. But will it actually do so?