Monthly Archives: July 2011

Book review: Philanthro-capitalism: How the Rich Can Save the World

Book by Matthew Bishop and Michael Green, published by A & C Black, London, 2008. Paperback edition published 2010. Reviewed by Elena Douglas In politics, most debates focus on two questions: What are you going to do? And how much money are you going to spend on it? Too little attention is given to what is often the most important question: How are you going to do it? President Bill Clinton, Foreword to 2010 paperback … Continue reading

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World Wealth Report 2011

By Cap Gemini and Merrill Lynch Wealth Management, 22 June 2011 We have reached a tipping point moment in the geography of global prosperity. There are now more millionaires in the Asia Pacific (which includes Australia) than there are in Europe. With this shift in wealth distribution comes the mantle of responsibility for reinvestment in community, culture and philanthropy more generally. Australia finds itself the society with the most developed civil society and philanthropic architecture … Continue reading

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Giving White Paper

UK Cabinet Office, May 2011 Earlier this year the UK Government released a White Paper called simply Giving. The motivation for the White Paper was twofold: first, the available evidence suggested a flat-lining of giving in the UK both in terms of time and money; second, a belief that government can stimulate a ‘step change’ in giving by making it easier and more compelling to give; and better supporting those organisations in need of increased … Continue reading

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A Literature Review of Empirical Studies in Philanthropy: Eight Mechanisms That Drive Charitable Giving

By Rene Bekkers and Pamala Wiepking, Nonprofit and Voluntary Sector Quarterly, Sept 10 2010 There is now a large academic literature on philanthropy and giving. Organising this literature is no easy matter. But this was the task Bekkers and Wiepking set themselves in their wide-ranging and inter-disciplinary review of research on why people donate money to charitable organisations. The emphasis is on individual giving. There is little in the review covering corporate giving. The review … Continue reading

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Website to watch

GiveWell – more change for your dollar I saw this website when it was first launched in 2006 and I’ve watched its development ever since. It was created by some (twenty-something i.e., Gen Y) refugees from the hedge fund industry who wanted to apply their tools of investment analysis, investigation and comparison to charities and to saving lives. When they started, they made assumptions that were flawed and ran into all sorts of difficulties but … Continue reading

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A Transformational Role: Donor and Charity Perspectives on Major Giving in Australia

By Wendy Scaife, Katie McDonald and Susan Smyllie, Queensland University of Technology, The Australian Centre for Philanthropy and Nonprofit Studies, Feb 2011 This excellent study is a rich exploration of why people make major gifts in Australia, their experiences of giving and those of the gift recipients. The study ‘taps into the thoughts of nearly 50 Australians involved in major giving’ and uses a qualitative, small group discussion research method. The project aims to ‘give … Continue reading

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Four Revolutions in Global Philanthropy

By Maximilian Martin, Impact Economy, Working Papers Vol. 1 2011 This paper identifies four key developments in the transformation of the social capital market from an inefficient form, where the funding of services is strongly relationship-driven and centred around grants and fundraising, to a more efficient market which allocates funds according to value (social change and demonstrated impact). It is written by a founder of UBS Philanthropy Advisory Services, Maximilian Martin, who has been an … Continue reading

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Spring 2011: Philanthropy: Impact over intentions

In global philanthropy today we are seeing the emergence of a generation of philanthropists who value impact and effectiveness over intentions. These philanthropists are beginning to demand rigorous evidence bases to underpin their investment allocation decisions. And in doing so, they confront the problem of the gap between the theory of social impact measurement and the enormous practical difficulties in measuring social value in the real world setting. In this edition of Knowledge Connect, we … Continue reading

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