alternative drugs to lithium tamoxifen natural alternatives eurax ersatz preis für zyban robaxin 500mg tablets anafranil preis imitrex 50 mg tablets femara 10 year study kamagra 500mg strattera generic alternative keflex 750 mg dosage celexa kaufen serophene tablets 50 mg inderal kaufen online yasmin pille kaufen alternative to flagyl for trichomonas cardura 4 mg 20 tablet topamax 25 mg preis phexin 500mg used for roxithromycin 300 mg preis yasmin pille kaufen natural alternative to endep elavil 50 mg for sleep actoplus metformin 15 850 benzac kaufen mevacor 20 mg side effects olanzapine 10 mg price augmentin 7 or 10 days fucidin preis generika für avodart hyzaar 50 125 efectos secundarios omnicef alternatives xalatan 50 mcgml provera alternative trazodone alternatives insomnia keflex 750 mg dosage can i take 100 mg sominex baclofen 500 mg natural alternative to fosamax baclofen 20 mg get you high flagyl 500 kaufen urispas 200 dosage apcalis jelly 20mg cialis generika maxalt preis benzac wash 10 levitra ohne rezept bactrim 500 mg side effects silagra 100 nebenwirkungen phexin 500mg used for alternative orthotropics cialis auch für frauen chloroquine 250mgproguanil 100mg pravachol 10 günstige alternative propecia provera 20 mg tid alternative ortho tri cyclen lo cialis generico super active 20mg amitriptyline 10mg i1 septilin tablets 100 lithium alternative name topamax 50 mg preis roter ginseng preis albenza 200 mg price elavil 10mg side effects augmentin 7 or 10 days seroquel generika alternative to risperdal autism zaditor coupon 2015 fertomid tablet 100mg phexin 500 mg used for ceftin 250 mg5ml xalatan 50 mcgml lithium alternative name casodex 150 mg kamagra 100mg für frauen alternative trental nitrofurantoin 2015 clonidine kaufen ohne rezept famvir 250 mg tablets feldene d 20mg aldactone 100mg side effects torsemide 50 mg amantadine 100 mg tretinoin 500 mcg maxalt mlt 10 mg plendil er 10 mg snovitra 20 nebenwirkungen famvir 250 mg tablets vermox tabletten kaufen rosuvastatin 20 mg side effects alternative drugs to lithium aspirin 500 mg bayer plavix q10 robaxin 500mg tablets vytorin 10 40 price triamterene hydrochlorothiazide 75 50 sinemet 10100 vs 25100 alternative to topamax for seizures anafranil 50mg side effects cyklokapron 100mg homöopathischer ersatz für diclofenac propranolol 50 mg metformin 1000mg tab her zetia 10 milligrams natural alternative to coreg dilantin 50 mg side effects alternatives to zyrtec and claritin torsemide 20 mg price 100 mg antabuse nitrofurantoin 2015 chloroquine rezeptfrei kaufen renagel 500mg ashwagandha 10 uses lipitor alternatives high cholesterol levitra 10 mg kaufen Is a Sea Change in Philanthropy Upon Us? - Collins Group
Skagit Valley Hospital

Is a Sea Change in Philanthropy Upon Us?

by

divider

A number of emerging trends are converging, and the result will likely be a “tipping point” in how we view the impact of philanthropy in our Northwest region, across the country, and globally. This past week’s headlines are pointing to this pending sea change.  Like any movement, the change didn’t start this week with the challenge extended by Bill Gates and Warren Buffett to other billionaires to join them in committing 50 percent or more of their fortunes to philanthropy. This is the culmination of shifts that can result in cataclysmic change with significant and positive impacts on our universe.

First, let me start with a perspective on how big philanthropy and the nonprofit sector are. For the past three years, giving in our country has topped $300 billion. The largest foundation in the world (in assets), makes up one percent of total giving in America. Last year approximately 10 percent of all money given was given by individuals to foundations that will invest it and, over time, it will trickle down to charitable programs. While investments in foundations and advised funds has slowed a bit due to the recession, the amount of funds set aside for philanthropic purposes has steadily been growing. The nonprofit sector is today about 10 percent of our overall economy. For more information, review Giving USA at www.givingusa2010.org

If the top billionaires in our country and world committed 50 percent of their fortunes to philanthropy, the ripple effect of others giving more and the increased confidence in results could mean a significant uptick in giving, possibly even doubling in the next generation.

Here’s my perspective on the leading change elements, and I invite your ideas and welcome your counter-comments.

*  Major funders are investing in issues rather than organizations, and channeling their investments through providers with strong track records: This trend has been gaining steady momentum over the past 15 years, and has resulted in a change for federated giving programs, such as United Ways, across the country and has also been adopted for the channeling of government funds into community programs. Individual donors and grant makers have demanded accountability and have stepped up significantly to fund compelling issues with proven results. Nonprofits that are well-positioned as preferred providers, and with the willingness to enter into collaborative partnerships and be rigorous about evaluation, have been the channels for new social impact philanthropy.  The trend has enabled some lesser-known providers to grow significantly, while others with high recognition and large donor bases have been left out.

The Bill and Melinda Gates Foundation’s grantmaking has followed this direction for the past decade. They have prioritized a limited number of issues where they want to create significant and lasting change, and they are investing heavily in promising ideas and proven approaches.  Similar to both venture capital investing and scientific inquiry, they are willing to make mistakes and change course if results are not achieved.

This past week there was a gathering in New York of 400 nonprofit leaders and grantmakers, convened by the Robert Wood Johnson Foundation, to help charities with proven approaches solve social problems and get the funds they need to sharply increase the number of people they serve. Gone are the days when “doing good” or “promising results” was enough to secure significant and ongoing funding.

*  Investors are looking for both financial returns and social impact: The federal government’s Social Innovation Fund and several for-profit private equity firms are making investments to help entrepreneurial nonprofits find the capital funds they need to expand. Some nonprofits, such as Kiva, are directly connecting investors willing to make a loan with program recipients. Others are serving as the “holding entity” for investor loans, and a financial return is expected.  Last week in Seattle, Global Partnerships launched this innovative capital generation vehicle, and many others nonprofits, primarily in the global development arena, are preparing to follow suit. The National Nonprofit Finance Fund and for profit firms, such as Sea Change Capital Partners and Affinity Partners, are looking for creative ways to achieve social impact and financial returns. Gone are the days when nonprofits could get by with strong visions and a weak business plan.

*  Partnerships are essential for growth and even survival: As evidenced by the gathering this past week in New York and Bill Gates and Warren Buffett’s joint appeal to other billionaires to invest in philanthropy, significant wealth is in and will be transferred into foundations that will then have the challenge and opportunity to make smart investment with high social returns. The major foundations across our country are partnering for maximum results, and expect nonprofits to work collaboratively to do the same. Significant investments have been made in evaluating effective grantmaking and it will continue. Nonprofits working in areas identified as top community priorities and with proven results have the opportunity for growth and increased social impact. “Going to scale” can be achieved many ways and partnerships with other providers will likely occur at a faster pace than in the past. Gone are the days when funders (and even loyal individual donors) will have the willingness to invest in “boutique” organizations intent upon survival that lack capacity through their partnerships to create true social impact.

divider

Like this post? Why not share it?

divider

About the Author

Aggie Sweeney

Aggie Sweeney CFRE

President & CEO

Aggie is a sought-after consultant and speaker. Nonprofit leaders trust that she can tackle complex campaign issues and give them solid advice.

divider

Leave a Reply