Credit to the Poor
Muhammad Yunus was getting nowhere in Bangladesh – so he opened his own bank.
Muhammad Yunus was getting nowhere in Bangladesh – so he opened his own bank.
Social movement and grassroots organizations left in the cold.
The “social discount” may not be as steep as investors think.
When parents have more school districts to choose from, schools are forced to hire teachers with more math and science skills who work harder and come from more selective colleges.
The authors provide answers to three questions about the increasingly popular and controversial funding approach called high engagement, or venture philanthropy. What do grantees gain from it? How does it work? And should we encourage it?
Funders are calling for more program evaluation, but nonprofits are often collecting dubious data, at great cost to themselves and ultimately to the people they serve.
Large-scale social change requires broad cross-sector coordination, not the isolated intervention of individual organizations.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
Conventional wisdom says that scaling social innovation starts with strengthening internal management capabilities. This study of 12 high-impact nonprofits, however, shows that real social change happens when organizations go outside their own walls and find creative ways to enlist the help of others.
Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.