Short-term vs. Long-term Focus in Philanthropy
Businesslike metrics and controls should not be used in ways that reinforce short-term thinking and behavior.
Businesslike metrics and controls should not be used in ways that reinforce short-term thinking and behavior.
The financial crisis threatens hopes to expand opportunities for underprivileged young people, but we can't afford not to invest in them.
Social enterprises combine the best of the nonprofit and for-profit worlds, but that very innovation has made it difficult for them to raise money. Philanthropists are reluctant to give grants to profit-making organizations, and commercial investors are wary of investing in organizations that are driven by a social mission. The authors explore the social enterprise capital market and offer short- and long-term solutions to this funding gap.
Is strategic philanthropy a wise course?
Foundation grantmaking can become more responsive, intuitive, and effective.
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.
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.
Social entrepreneurship and social enterprise have become popular and positive rallying points for those trying to improve the world, but social innovation is a better vehicle for understanding and creating social change in all of its manifestations.