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, August 15
Philanthropy’s New Frontier—Impact Investing (Michael Etzel, Stanford Social Innovation Review) Impact investing, which promises both financial returns and intentional, measurable social returns, is attracting more and more money—most of it from private investors. Foundations are hard-wired for social purpose and would seem to be natural candidates for impact investing, but so far they are behind the curve.
Tuesday, August 16
Youthgiving.org: Showcasing The Power Of Youth As Grantmakers (Sarah Bahn, Grantspace) There are tons of young people who are making real, tangible change in their communities. In fact, youth have made more than $14 million in grants since 2001 (check out grants data on the Funding Map) — youth grantmaking is not just a cute group of kiddos running a lemonade stand for charity, although that’s great, too!
Wednesday, August 17
In disheartening and divisive times, philanthropy can spark hope (Bruce Deboskey/The Deboskey Group, The Denver Post) Many Americans are disheartened by recent events and trends. Issues like terrorism, mass murders, global warming, police/citizen violence and death, drug addiction, infectious diseases, economic and social inequality — and more – are generating a tremendous sense of hopelessness. Philanthropy is inherently optimistic.
Thursday, August 18
Nurturing Nonprofit Boards: Funders Can Do More (Peter Sloane, GrantCraft) CEOs of community-based organizations are not demanding enough from their boards. Funders have an important role to play in ratcheting up the level of board commitments.
Friday, August 19
The Rising of the States in Nonprofit Oversight (Lloyd Hitoshi Mayer, Nonprofit Quarterly) In an extraordinary development, all fifty states, the District of Columbia, and the Federal Trade Commission filed a federal lawsuit in May 2015 against four charities and their operators, alleging that they had defrauded more than $187 million from donors.
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