Social Enterprise: The Convergence of Mission Driven & For Profit Business By Betsy Densmore

Academies for Social Entrepreneurship (ASE) defines a social enterprise as a venture that combines the best features of mission-oriented nonprofit organizations and sustainably-driven for-profit businesses to solve complex social problems.  From the non-profit sector, these features include a clear and well-defined mission, programs that improve the quality of human life and the environment, an engaged…

Grant Making Due Diligence – Improving Your Social Impact

Due Diligence is a critical function of grantmaking organizations, yet too often funders seek to know everything. With appropriate due diligence, a grantmaker ensures their funding choices align with their mission. Without it, grantmakers overburden charities and selection committees during the proposal process. While due diligence doesn’t prevent failure, it will improve confidence that the…

Engaging Your Family in Philanthropy

As a mother of a two-year-old living in the affluent city of Los Angeles, I often think about how to raise my son with philanthropic values instead of materialism and entitlement. As a philanthropic strategist to wealthy families, I am often asked, “How do I raise motivated, philanthropic, hard-working, kids when they have everything they could possibly want? While I’m…

LASVP: A Unique Model for Giving

A quick Google search for “social venture partners” underscores the Venture Philanthropy trend across the United States with the Los Angeles Social Venture Partner (LASVP) website listed first as pioneering a new model of giving. As a board member and partner of this diverse group of professionals, I am proud to spotlight LASVP for the…

The Grant-Making Family: A Profile of Legacy

Legacy planning is frequently referred to as leaving an inheritance to family members or your favorite charity. These days, legacy planning, through establishing a private foundation, can preserve your family name and make a social impact for generations to come, a far greater significance than simply a singular financial gift. Said so well by Ernest…

Foundation Creating Global Social Impact

Original article from Huffington Post UK. Microsoft founder Bill Gates is donating $750m through his charitable foundation to the Global Fund to Fight Aids, Tuberculosis and Malaria. Gates used the World Economic Forum in Davos, Switzerland, and the 10th anniversary of the Global Fund to make his announcement. The Bill & Melinda Gates Foundation had…