Fundraising for Nonprofits

Inspiring Gifts that Transform

Monday, September 25, 2006

The definition of New Philanthropy: giving without the gift

Capitalists who care
"Compassionate conservatism has been an expensive bust in Washington. But an intriguing alternative is emerging around the country: compassionate capitalism."

Google's philanthropy
"The end is socially driven, but the means are the beauty of capitalism carried out largely in the marketplace."

Virgin and Google: But is it philanthropy?
"It’s not charity, and it's certainly not philanthropy as it's commonly defined. For the second time in a week, a major international brand has made news with its 'philanthropy' but reserved the for-profit status of its commitment of funds."

Exploding philanthropy: What the Clinton Global Initiative meant
"The estimated $3 billion was not a gift; Sir Richard will invest the company in other companies, including one he already owns, to try and move the developed world to better energy policies."

Clinton's bullet point solutions
"Interestingly, most solutions focused on corporate citizenship, a kind of redefining of corporate social responsibility toward environmentalism."

How the new philanthropy works
"[The] Clinton Global Initiative brings together some of the world's best minds and problem solvers. It functions like a marketplace for global change, where those with the passion to make a difference--and others with the means to finance them--come together."

$2 billion in one day
"'The rich world is where the expertise is, so bringing those innovations and putting them in a form that can be applied globally, that's where people can make such a difference,' Gates told the summit, attended by 1,000 people."

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