With the rhetoric around impact investing reaching new heights, foundations and
nonprofits would do well to keep the following in mind: Similar to grants, or different forms of non-grantmaking support, impact investing is but one tool in the social impact toolbox.
Just as there are ineffective grants and poorly chosen traditional investments, there are poorly conceived and executed impact investments. On the other hand, when they are planned strategically and executed competently, impact investments can have enormous value and deliver a scale of social impact that may be difficult to achieve, or sustain, with other tools. Continue reading
Funders supporting movements face a unique set of challenges when trying to support
organizations working for the same cause. In their efforts to increase organizational effectiveness, foundations invariably face questions of credibility and control, and sometimes encounter diverging understandings of success. This case study profiles how TCC Group – with its partner, the Wikimedia Foundation – developed an innovative, participatory approach to these challenges, resulting in increased organizational effectiveness in the Wikimedia movement.
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Dany: I’m not going to stop the wheel. I’m going to break the wheel. −Game of Thrones, Season 5, Episode 8.
In his characteristically splashy way, Sean Parker made headlines recently by coining a new phrase: “philanthropy for hackers.” His Wall Street Journal op-ed (which also marked the unveiling of his new private foundation) outlines some basic ways that “hacker philanthropy” is a departure from the past. Continue reading
Increasingly, funders want to take on more catalytic roles within their communities. Creative grantmaking can help them move in this direction. But without realizing the potential of their non-grantmaking activity—convening, advocating, training, or educating—foundations may be leaving significant value on the table. TCC’s Senior Consultant Marieke Spence outlines a straightforward but holistic process for funders considering non-grantmaking roles using relevant examples from the field. Continue reading