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Money for Good:
Global Trends and Local Potentials in Engaged Giving and Social Investing
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Download the Executive Summary (2.81 MB) | Full Report (53.2 MB)
Beginning in the late 1980s, an infusion of new capital came into philanthropy. While individual donors have always been in the backbone of giving in the United States, in recent years mainstream philanthropy had come to be dominated by large, endowed foundations with institutionalized giving programs.
The funds coming into philanthropy in the 80s were increasingly being managed by those who had created their wealth to begin with. These individuals were investors and business people who had experienced great sucess in the use of free enterprise thinking and market-based strategies.
In retrospect, it would seem logical these new donors would make use of investing frameworks and practices to guide their philanthrophy.
Yet today, even if there are those who still do not embrace these specific terms, no one can deny the degree to which concepts and insights from these practices have informed mainstream discussion. Debates regarding metrics and performance measurement, capacity building, sustainable financing models for nonprofit enterprise, the role of government
in supporting social innovation - each of these and more were infused with new energy and ideas, vision and passion advanced by both a new breed of philanthropist together with a new type of entrepreneur.
The basic notions of entrepreneurship, philanthrophy and investing will not (and should not!) be applied in simple replication; rather, there is truly unique opportunity to evolve these ideas and practices in new and innovative ways, to take these emerging approaches and place them in new cultural context.
While there is no such thing as "the Asian Perspective," the promise and potential of new exploration and application of these concepts within the wide diversity of Asian communities - led by regional innovators who seek to make them relevant to their own challenges - is substantial.
This latest report by Social Ventures Hong Kong is the latest in a set of intellectual offerings regarding social enterprise and venture philanthropy to come out of Asia.
The analysis and research presented takes a new look at some existing ideas while advancing new perspectives on the implications of those ideas for Asia and, by extension, the world.
I know you will find this information and research to be exciting and provocative - and believe this latest piece of work will take its rightful place among the existing literature we all
draw upon as we seek to advance this common arena of vision and practice.
"Impact Investing: Tranforming How We Make Money While Making A Difference"
Trends in Venture Philantrophy
Courses on Social Enterprise
Social Enterprise / Social Entrepreneurship