Video Interview: Innovations & Trends In Philanthropy
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Innovations & Trends in Philanthropy | Opportunities to Amplify Your Impact
Julie Hoffmann, K Sujata, and Kay Koehler discuss their perspectives on the evolution of philanthropy, the advantages and challenges of pivoting from corporate work to the non-profit world, how to think about philanthropy as part of your legacy, and strategies for using individual influence to make a positive difference in the world - now and in the future.
Enjoy the recap and video replay of the program: https://vimeo.com/869401332
Recap
Philanthropy is a Mindset
And the word literally means “love of humanity,” expressed through actions of giving your time, and talent, sharing your network, and your financial support.
What is your Why?
Explore your own motivations for giving.
Before you select a charity because you recognize the name, or it is suggested by watchdog groups, friends, or philanthropy influencers, conduct your own due diligence and give from a place of trust.
Pivoting to a Career in Philanthropy
Transitioning from a for-profit to a non-profit leadership role requires careful consideration before taking the leap. Many non-profit organizations seek leaders who have experience from both sectors and can bridge the gap between the two. And if you do make the shift, be curious and from a place of listening and learning before offering a corporate-influenced solution.
Philanthropy and Your Legacy
Create your legacy by leaning into philanthropy. Make small gifts to several organizations aligned with your Philanthropic Identity (see #1 – Philanthropy is a mindset.), and see how they respond to you and steward your gifts.
Trust-based Philanthropy
Trust-based philanthropy places a strong emphasis on cultivating trust between donors, non-profits, and the communities they serve. It can include letting go of restrictions and trusting the non-profit to focus on acting in the best interests of the communities they serve, and how they can have the most significant and positive impact within those communities.
Community-based Philanthropy
Community-based philanthropy and giving circles support and empower organizations within a particular community. There is a fit for every budget and they are a catalyst for gaining deeper insight into local community needs. Giving circles pool their financial resources to make larger grants and impacts, make collective decisions, foster connections, and make giving enjoyable.