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April 25, 2024
Big Bet Bummer
By Kevin Starr

“I just got back from Skoll World Forum, the Cannes Festival for those trying to make the world a better place. … Amidst the flow of people and ideas, there was one persistent source of turbulence. Literally, within five minutes of my arrival, I was hearing tales of anxiety and exasperation about ‘Big Bet Philanthropy.’”

 

In recent years, big bet grants have brought more money into the social sector, are mostly unrestricted, and have focused on some of the best solutions out there. So, what’s the worrying all about? Kevin Starr of the Mulago Foundation reflects on some of the unintended consequences of these startlingly big checks and why big bets haven’t (yet) become the next big thing in philanthropy.

 

Read more and weigh in with your ideas.

 

Related SSIR articles: Small Foundations Can Have Outsize Impact and Do They Still Need Our Money?

Who else do you know who should read this article? You can help SSIR spread new ideas and research by forwarding this newsletter to others in your field. If someone forwarded this newsletter to you, subscribe here for more.

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AI for Foundations: A Primer for Pragmatists

Ground your understanding of AI with practical advice from experts in social impact and data science. Behind the buzzwords and fuzzy predictions lies a powerful tool you can learn to use today.

 

Join Anne Nies, Director of Science at Submittable, and Erik Lucht, Partner Innovation Architect at Microsoft, as they share what they’ve learned about AI and uses for foundations. Presentation followed by a roundtable discussion welcoming attendee participation, your hosts will share:

  • How to use AI responsibly
  • Examples of how foundations are using AI right now
  • Findings from user research and focus groups
  • Insights from most interesting AI conversations in the world of nonprofits

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The Trouble With Heroes
By Daniela Blei

“Thank you, health-care heroes!” became a familiar refrain during the pandemic, but one researcher wondered how this kind of heroizing language shaped public perception of workers and their professional experience. Did the hero designation translate into higher pay, better benefits, or new opportunities?

 

Postdoc researcher Matthew Stanley teamed up with his advisor, Aaron C. Kay, at Duke University’s Fuqua School of Business, and uncovered that labeling workers “heroes” facilitated their exploitation: “Heroization makes it difficult for the public to see workers as individuals with their own wants and needs.” Read more.

 

Related SSIR articles: Workplace Power and Mental Health in the Social Change Workplace

Microfinance Struggles in Financial Crisis
By Daniela Blei

Microfinance relies on social networks for repayment, but new research shows that those same networks can backfire during a financial crisis. What do these findings mean for the social sector, which relies on social capital as a critical resource for interventions?

Overcoming Challenges to Collaboration
By Vanessa Laird, Kathy Quick & J. Myles Shaver

Startup collaboratives often get stuck when converting their motivation to do good into action. Three University of Minnesota professors created a minimum viable benefit process for agenda-setting that can help them start up and stay on track.

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Transforming Higher Education Experiences Through Digital Solutions

In this session, industry experts delve into the pivotal role of IT modernization in reshaping campus experiences. Learn how leading educational institutions are leveraging digital tools to:

  • Enhance student engagement and retention
  • Drive operational efficiency
  • Gain a competitive edge in a rapidly evolving landscape

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A Partnership Industry for Impactful Ed-Tech
By Natalia Kucirkova

In a fragmented impact ecosystem, ed-tech needs collaboration to prioritize education over technology. Learn four ways leaders can unite.

 

Related SSIR articles on collaboration: What Working in Crisis Mode Teaches Us About Collaboration and Impact and A Swimmer’s Guide to Networks

Living on Social Networks
By Mohamed Zayani and Joe F. Khalil

An excerpt from The Digital Double Bind on the digital revolution in the Global South

ICYMI: Community Governance for AI
By Lina Srivastava

How cooperatives and collectives can build the AI sector toward justice, equity, and shared prosperity

From SSIR
Exclusive Offer: Get a One-Year Subscription to both SSIR and NPQ

The social sector thrives when we collaborate to educate, support, and promote one another and our shared mission of advancing the work of nonprofits, foundations, and other social enterprises. Get a one-year subscription to both Stanford Social Innovation Review and The Nonprofit Quarterly for only $89.95. You save 68% off our combined newsstand price. Offer ends April 30.

 

Subscribe now

From SSIR
Share Your Thoughts With Us

Stanford Social Innovation Review is conducting a survey to learn more about our readers and how you engage with our content. Please take the survey. Your input will help SSIR improve its magazine and website. We greatly value your feedback and appreciate your time.

 

Take the survey

SSIR articles on leading in polarizing times:

Should We Put Out a Statement?
By Seth Chalmer

Thinking strategically about how nonprofits should respond to potentially polarizing world events.

Learning From a Blowup Over Social Justice
By Steve Kaagan & John Hagan

Like so many organizations, our environmental nonprofit was rocked by internal conflict. What happened and what did we learn?

From SSIR
Inform and Inspire Collectively With SSIR’s GMAL

All the benefits of a group subscription, without the red tape!

 

With Stanford Social Innovation Review's Global Multi-account License (GMAL), you receive unlimited global access for every member of your team billed conveniently in a single charge to your organization.

 

Experience the best research- and practice-based knowledge, right at your fingertips.

 

Learn more and subscribe

From SSIR
DataKind’s CEO Explores AI’s Nonprofit Potential at NMI 2024

Stanford Social Innovation Review is pleased to announce that Lauren Woodman, CEO at DataKind, will be joining us for this year’s Nonprofit Management Institute, “What's Next for the Social Sector? Strategies and Tactics for Today's Agile Leaders,” September 17-18, 2024.

 

In her NMI breakout session exclusively for in-person attendees, Woodman will illuminate how nonprofits can utilize AI in truly transformative ways, beyond just writing grant proposals.

 

Learn more and register

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