As a person somewhat new to this field, it is my impression that giving goes in many directions as needs arise, but that the creativity to fund ‘the good’ lags behind. There is no shortage of needs and causes for people who want to do good but so many run out of energy when the funding cannot keep up.
Funding sources have been very traditional over the years with only a few variations. The latest is donating old cars which everyone has jumped on and now that apears to have reached its zenith.
There is another way, a source of great abundance approved by lawyers and accountants that has gone unacknowledged. But like anything new, it is difficult to get the word out to those who might be able to make a difference with the tool.
I’m wondering if this model would work outside of the US, in developing countries?
I particularly like the work of the Acumen Fund - they call themselves ‘venture philanthropists’ - although their model is slightly different and the make investments in projects rather than companies.
COMMENTS
BY gene hellar
ON September 8, 2007 11:22 AM
As a person somewhat new to this field, it is my impression that giving goes in many directions as needs arise, but that the creativity to fund ‘the good’ lags behind. There is no shortage of needs and causes for people who want to do good but so many run out of energy when the funding cannot keep up.
Funding sources have been very traditional over the years with only a few variations. The latest is donating old cars which everyone has jumped on and now that apears to have reached its zenith.
There is another way, a source of great abundance approved by lawyers and accountants that has gone unacknowledged. But like anything new, it is difficult to get the word out to those who might be able to make a difference with the tool.
I would be happy to expain.
Very best,
gene
BY smills
ON September 27, 2007 04:06 PM
I’m wondering if this model would work outside of the US, in developing countries?
I particularly like the work of the Acumen Fund - they call themselves ‘venture philanthropists’ - although their model is slightly different and the make investments in projects rather than companies.