Funders must take the lead in breaking a vicious cycle that is leaving nonprofits so hungry for decent infrastructure that they can barely function as organizations—let alone serve their beneficiaries.
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 pluralistic society boasts many independent centers of power and foundations have an instrumental role in supporting such diversity. Online giving marketplaces are further democratizing philanthropy by empowering donors to support the causes they care about. In this panel discussion, sponsored by the Stanford Center for Social Innovation, experts in the field consider whether such online spaces are simply useful adjuncts to the work of philanthropy—or whether they promise to revolutionize the sector altogether.
Online giving marketplaces allow for the transfer of funds from interested donors and lenders to those who need them. In this new philanthropy space, it is as yet, unclear whether the donor is the "supply" or the "demand," and organizations are just beginning to experiment with the utility of such online functioning. In this panel discussion, sponsored by the Stanford Center for Social Innovation, philanthropy experts working at online marketplaces discuss how their organizations function and what differentiates them from others.
