Strategic Philanthropy
Strategic Philanthropy- How to do it well, Frumkin’s prism,
Strategic Philanthropy tools
Must critically analyse,
Martin Luther King would strategic philanthropy have facilitated such movements
A Decade of Outcome-Oriented Philanthropy
Frumpkins prism of GIVING
Explained by Stannford Social innovation review
Strategic Giving is both a comprehensive, critical analysis of modern philanthropy (particularly foundations) and a useful guide for wealthy donors who want to distribute their money to meet public needs as effectively as possible. Frumkin has created a thoughtful theoretical framework for understanding the giving process.
everal key themes reappear throughout the book, including Frumkin’s contention that the values, passion, and energy of donors are critical in maintaining the pluralism and soul of philanthropy, an element that the author believes has been severely neglected in recent years. He claims that unless the vision and intent of donors receive greater attention, foundations are likely to become less animated, more bureaucratic, and less effective. Donor satisfaction, Frumkin asserts, is as important to philanthropy as the community and public benefits it produces
it has been applied by personas such as the gates foundation and bill and Miranda gates them self
He cites five essential elements for a giving strategy: deciding which vehicle to use for giving away the donor’s money; clarifying the purpose of the gift; setting a time frame for giving; choosing the level of donor engagement with grant recipients; and assessing the impact the contributions will have.
CRITIQUE
Gates Foundation, with the addition of Warren Buffett’s money, will be donating about 10 percent of all foundation money distributed annually. And there will be more megafoundations in the next decade. Isn’t it troubling that such gigantic sums of tax-deductible money will be granted each year at the whim of a few family board members and without the benefit of public
Strategic Philanthropy tools
Must critically analyse,
Martin Luther King would strategic philanthropy have facilitated such movements
A Decade of Outcome-Oriented Philanthropy
Frumpkins prism of GIVING
Explained by Stannford Social innovation review
Strategic Giving is both a comprehensive, critical analysis of modern philanthropy (particularly foundations) and a useful guide for wealthy donors who want to distribute their money to meet public needs as effectively as possible. Frumkin has created a thoughtful theoretical framework for understanding the giving process.
everal key themes reappear throughout the book, including Frumkin’s contention that the values, passion, and energy of donors are critical in maintaining the pluralism and soul of philanthropy, an element that the author believes has been severely neglected in recent years. He claims that unless the vision and intent of donors receive greater attention, foundations are likely to become less animated, more bureaucratic, and less effective. Donor satisfaction, Frumkin asserts, is as important to philanthropy as the community and public benefits it produces
it has been applied by personas such as the gates foundation and bill and Miranda gates them self
He cites five essential elements for a giving strategy: deciding which vehicle to use for giving away the donor’s money; clarifying the purpose of the gift; setting a time frame for giving; choosing the level of donor engagement with grant recipients; and assessing the impact the contributions will have.
CRITIQUE
Gates Foundation, with the addition of Warren Buffett’s money, will be donating about 10 percent of all foundation money distributed annually. And there will be more megafoundations in the next decade. Isn’t it troubling that such gigantic sums of tax-deductible money will be granted each year at the whim of a few family board members and without the benefit of public