What we’re reading and recommending this week. We add to this post throughout the week and look for your suggestions in the comments.
Monday, April 13
What is a PRI – Program Related Investment [Video] (Intermountain Impact Investments) This video lays it out so clearly, you’ll never have to wonder what a PRI is again.
Tuesday, April 14
Foundations Fall Short in Giving Grantees Advice on Evaluations, Says Report (Alex Daniels, The Chronicle of Philanthropy) Two-thirds of nonprofits don’t get guidance from grant makers about how to use data to measure their performance, even though most foundation support comes with a demand that grantees evaluate their work, according to a report released Monday.
Wednesday, April 15
A New Golden Age Of Philanthropy: What’s Driving Next-Gen Giving? (Forbes.com) In fact, scholars estimate that these younger Americans stand to inherit more than $40 trillion in wealth and create trillions more in their lifetimes. Much of that will be designated for charitable giving, according to nextgendonors.org. With the potential for unprecedented resources and more diverse ways than ever to engage in charitable giving, many expect the next generation of major philanthropists—those who fit into “Gen X” (born 1964–1980) or “Gen Y” (born 1981–2000)—to transform charitable giving itself.
Thursday, April 16
Express Yourself (Darren Walker and Alfred Ironside, Stanford Social Innovation Review) Ultimately, we are ardent believers in the role and power of philanthropy to support and sustain movements for justice in our societies. As a global foundation, we can be the megaphone—the amplifier—for the voices of visionaries on the frontlines of social change.
Friday, April 17
The Power of Taking Stock – 5 Reasons to Conduct Evaluations (Kris Putnam-Walkerly) Many foundations grossly underestimate the importance of evaluating impact. This is unfortunate, because evaluation is both enlightening and empowering.