Philanthropy is changing, are you?
Howard Lake | 10 September 2008 | Blogs
Philanthropy is changing and we as fundraisers need to change with it. That’s the message in a recent article from Susan Raymond entitled The Coming Paradigm Shift in Philanthropy.
http://www.onphilanthropy.com/site/News2?page=NewsArticle&id=7591&security=1&news_iv_ctrl=1162
Raymond identifies six trends shaping the future:
1) Philanthropists are increasingly solution focused
2) Loyalty is shifting from organisations to causes
3) The new resourcing models are about sustainability and include loans and equity-type instruments
4) Its about collaboration to achieve scale
5) Donors are bringing their own ideas, and non-financial assets, to the party
6) Donors want to be able to exit when the job is done and move on.
If she’s right the new style philanthropy will pose significant challenges to us and our organisations. As fundraisers we will need to champion new ways of working within our organisations to create greater flexibility, greater engagement with donors and encourage an increased focus on results.
Exciting times.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.