When the W. K. Kellogg Foundation set aside $100 million in 2007 to invest in companies that could produce both social and financial benefits, it was considered revolutionary. Historically, major foundations had used mainly stocks, bonds, real estate and other traditional asset classes to build their endowments. Now, such investments are increasingly common — and profitable.
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Next-Generation Philanthropy: Changing the World Study Released
September 20, 2012
announced the findings of a new study, Next Generation Philanthropy: Changing the World
, sponsored by Credit Suisse Group
, as part of the Forbes 400 Summit on Philanthropy
. This summer, in an unprecedented gathering of wealth and international philanthropy, Forbes
brought together 150 billionaires and near-billionaires, including keynote speakers Bill Gates, Warren Buffett and Oprah Winfrey, for a private discussion of ways to help solve the world's most intractable problems. The peer exchange, which focused on greater collaboration, sharing of best practices and up-front education, helped advance the conversation around philanthropy on a global level.
Emergent Philanthropists: America's Evolving Ethnic Donor Groups
May 25, 2010
From FS Advisor
Historic philanthropy patterns of America’s affluent donors are giving way to a more complex and disparate population that represents our country’s patchwork communities. The systematic and predictable giving methods by the rich no longer dominate our donor bases. Diverse communities are emerging with new giving patterns and objectives.