Rebecca Henderson’s Reimagining Capitalism in a World on Fire outlines five ways we can reform capitalism to overcome climate change, inequality, and the collapse of democracy. A book review in the Summer 2020 issue.
A growing number of US foundations are adopting practices based on systems change to achieve their goals in the current political environment.
Despite spending vast amounts of money and helping to create the world’s largest nonprofit sector, philanthropists have fallen far short of solving America’s most pressing problems. What the nation needs is “catalytic philanthropy”—a new approach that is already being practiced by some of the most innovative donors.
A growing number of foundations are offering low-interest loans, buying into green business ventures, and investing in other asset classes to advance their missions. To bring about real change, foundations need to make strategic mission investments that complement their grantmaking and leverage market forces.
Key social innovators have succeeded against all odds –– and with little financial muscle.
Foundations can move past traditional approaches to create social change through imaginative – and even controversial – leadership.
