A word we can’t seem to get enough of in the non-profit sector is “impact.” We want to have more impact. We want to support organizations that make an impact. But what do really mean when we talk about impact? For most organizations, impact means success in solving a specific problem or achieving their mission. …
Social Entrepreneur is a relatively new term that helps to define individuals and groups who are innovating solutions to poverty, hunger, homelessness, education and so much more. They are the founders of Method who create products that are better for the environment, the philanthropists establishing nonprofit corporations or foundations, and investors who provide microfinance loans…
There are those thought leaders who come along and shift paradigms. They get us to think outside the box, they challenge old models, invent new ones and ignite change. Dan Pallotta, author of Uncharitable, How Restraints on Nonprofits Undermine Their Potential, is that kind of thought leader. He calls it “economic apartheid” and outlines why…
The triple bottom line business model emerged as a way for companies to measure impact beyond the financial bottom line. It’s a measurement of people, profit and the planet. An impact investor seeks to create social good and/or improve the health of the environment, alongside financial returns. In the past, we looked to pure philanthropy…
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…
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…