From Philanthropy to Social Investment
Funding the Ecosystem
Abstract
In "From Philanthropy to Social Investment: A New Way of Giving," I discussed how the emergence of new philanthropic funding models allows strategic philanthropists to have a greater impact on the causes they care about most. Alongside traditional non-profits, these newer models -- income-generating non-profits; for-profit social ventures; socially responsible businesses; and carefully screened, traditional for-profit businesses -- form an ecosystem that provides multiple ways of addressing a single problem. (Sophisticated philanthropists, like Bloomberg Philanthropies, often partner with the government to solve key issues, as well.)
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