Philanthropy

Fund Risky Ideas

Many foundations have distinct programs for funding risky ideas (Gates "Grand Challenges", RWJF "Pioneer Portfolio). The Energy Department has established a new office - Arpa-e - to fund "long shot bets". http://bit.ly/2dYhVO

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Philanthropy

Spend-down Foundations

The Gates Foundation, The Atlantic Philanthropies, and other foundations have announced plans to spend-down their endowments to zero. This greatly increases annual spending and gives the programs a sense of timing and urgency.

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Philanthropy

Spend Down Endowments During Fiscal Crisis

Foundations should maintain "rainy day funds" - or at least treat part of their endowment as one during times of financial crisis. http://bit.ly/6laK7I

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Philanthropy

Leverage Foundation Endowments for Loans

Even if only 1% of foundation endowments were used for "loans for social good", philanthropic dollars could nearly double. Former Gates Foundation CFO in FT: http://bit.ly/9mEisk

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Philanthropy

Steer Marketing Dollars Into Philanthropy

Social media allows corporate philanthropy dollars to generate considerable marketing value. http://ow.ly/VDmj

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Philanthropy

Foundations Should Provide Unrestricted Support

Foundations should follow the lead of the Boston Foundation: provide principally unrestricted support. Harvard Business Review article http://ow.ly/qzKX

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Philanthropy

Combine Private Philanthropy with Public Funds

Private philanthropy can bring ideas, government can bring funds, in public-private partnerships. Wall Street Journal review: http://bit.ly/8dYW91

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Philanthropy

Persuade People Through Stories and Optimism

Nicholas Kristof cites psychological research that indicates the best way to sway people to your cause is through using stories and optimism. Outside Magazine: http://ow.ly/Ka4t

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Philanthropy

Donor Circles

Find a group of close friends and set up a donor directed account (on Schwab or elsewhere) that you all commit to donate to every year. In 20 years or so you have a very large fund that you can start giving away during your retirement years.

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