Although there are good reasons for a foundation to spend down its assets today, there are also legitimate reasons for it to continue its work in perpetuity.
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The theory of change concept makes sense in a static landscape. But it fails in a dynamic landscape, where what you learned on your last trip might not apply this time.
I believe that a great nonprofit organization is ultimately only as good as its theory of change. There is considerable knowledge about what works and what doesn't work in particular contexts.
In "Just Another Emperor?" Michael Edwards challenges philanthrocapitalists to transform the economic system that made them rich, not just address its symptoms.
Matthew Bishop and Michael Green describe how super-rich "philanthrocapitalists" like Bill Gates are shaking up the world of giving with their businesslike methods.
A diverse group of nonprofit leaders have joined a Working Group for Effective Social Investing to develop a rating tool that allows donors to compare the effectiveness of various charities.
Dollars spent today to address issues like global warming can do more good than those spent in ten years, when the cost of mitigating climate change will certainly be much higher.
Philanthropy is inevitably top-down in the sense that a philanthropist must choose his or her goals. No philanthropist would fund both a group advocating for gay marriage and a group seeking to ban it.
Whether an organization is housing the poor or improving educational outcomes a philanthropist has every reason to ask whether it has a sound strategy, good track record, and good leadership.
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