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Post Tagged with: "Philanthropy"
Bill Gates and Sequoia’s Sir Michael Moritz discuss which problems are best left to the market and which require philanthropic intervention, the political and geographic problems that often prevent scientific breakthroughs from reaching the people who can benefit from them, and how to get involved in philanthropy even as you work full time.
Warren Buffett, Bill Gates on Philanthropy
The cycle of giving | Treana Peake Treana Peake how one small action can have an unknown but lasting impact. Our acts of kindness have enormous capacity to carry on far beyond the actual moment of giving, and that what we experience in these generous moments is only the beginning. As the founder and creative designer of the luxury fashion line Obakki and its philanthropic counterpart, the Obakki Foundation, Treana Peake has fused her lifelong passions together to create engaging and innovative philanthropy. By giving fashion a purpose and applying creativity to development work, Peake is tilting the landscape of generosity and pioneering a new type of fundraising model, one that is both dynamic and inspiring. As the creative designer and founder of the luxury fashion line Obakki and its philanthropic counterpart, the Obakki Foundation, Treana Peake has fused her lifelong passions together to create engaging and innovative philanthropy. The Obakki Foundation has delivered over 600 water wells and built 12 schools in South Sudan and Cameroon, leading to self-sustainable growth in countless communities, and garnering recognition and endorsement by the UN in the process. Peake’s leadership in fashion through Obakki has also received widespread acclaim through international publications such as Vogue UK and Elle, and her contemporary, sophisticated designs have been spotted on celebrity devotees such as Gwyneth Paltrow and Kate Hudson. By giving fashion a purpose and applying creativity to development work, Peake is pioneering a new type of fundraising model, one that is both dynamic and inspiring.
A new set of vectors now surround donors. Akin to the vectors of physics, these new vectors include the tendency of donors to (1) seek out rather than resist venues for charitable giving, (2) approach their philanthropy entrepreneurially, meaning they seek personally to make a creating and distinctive impact, (3) consider that care for the needs of others is a path for their own self-fulfillment, and (4) view philanthropy as a key ingredient of the financial morality they wish to live and impart to their children. These vectors increasingly become allies, not enemies to overcome. They represent how material and spiritual wherewithal come together as a more important aspect of moral biography for a larger number of individuals. In my view, people are inclined to seek happiness; and therefore live a gospel of life. Second, they are their own best teachers since they have to internalize the meaning and goals of life, including philanthropic decision, for themselves. Finally, there is a new inclination for people to see how their gospel of life is directly connected to financial care and philanthropy: for themselves, their children, their churches, and their world. Why People Give Using the New Physics of Philanthropy? 1) Discernment Discernment in the realm of philanthropy has a two-fold mission: to help people discern from their own perspective their financial capacity and their charitable aspirations, that is their empowerment and moral compass. To accomplish this without the imposition of law, discernment needs to be exercised in an atmosphere of liberty and inspiration. There are several steps in carrying out the conscientious self-reflection and decision making associated with spiritual discernment. First, discernment helps individuals to uncover for themselves their financial capacity by clarifying their resource stream and their expense stream. Discernment around the resource stream clarifies what financial resources are available now and in the future. Discernment around the expense stream clarifies what resources are needed to achieve the standard of living individuals’ desire for themselves and their children. This requires conscientious considerations about current and future consumption. Any positive gap between resources and expenses provides a potential for charitable giving, and relative financial security, and liberates an inclination towards charitable giving. 2) Identification Through hundreds of interviews with wealth holders and middle income individuals, I have found that the key motivation for charitable giving is not selflessness but the identification of self. Our modern notion of altruism was developed in part to counter the utilitarian concept of human nature revolving around the rational calculation of self-interest. A deeper alternative is to think about the quality of self rather than the absence of self. Thomas Aquinas suggests a different way to rethink the issue of self. Rather than eliminating the self, Aquinas speaks instead about the unity of love of God, love of neighbour, and love of self. The key is the identification of my self with the fate of others as if it were my own. 3) Gratitude By probing further into “why people give” with the question, “Why are you grateful?” […]
Amplify the money you give | Kat Rosqueta The word “philanthropist” evokes the names of billionaire donors – Rockefeller, Gates, Pew – but in reality, most charitable giving comes from regular people giving smaller amounts. How can you, the non-billionaire, do the most good with what you give? Kat Rosqueta shows how to become a high-impact philanthropist, with a few tips for getting more engaged with your donations – one dollar, one cause, at a time. Kat Rosqueta wants to reclaim the word “philanthropist.” She believes the word is not just for Rockefellers; rather, a philanthropist is anyone who gives money, time or skill with the goal of helping make the world better, at any scale. Rosqueta is the founding executive director of The Center for High Impact Philanthropy, part of the School of Social Policy & Practice (SP2) at the University of Pennsylvania. Her group works to collect and report data from charities, to show philanthropists how well they are doing at giving. Beyond simple metrics like staff overhead, everyone wants to know: does our chosen charity make a difference?
Chuck Feeney: Recipient Of The Forbes 400 Lifetime Achievement Award For Philanthropy Warren Buffett commends the founder of Atlantic Philanthropies, an organization that has pledged more than $6.5 billion in grants to promote education, health, peace and human dignity throughout the world.
Bill and Melinda Gates: Why giving away our wealth has been the most satisfying thing we’ve done In 1993, Bill and Melinda Gates—then engaged—took a walk on a beach in Zanzibar, and made a bold decision on how they would make sure that their wealth from Microsoft went back into society. In a conversation with Chris Anderson, the couple talks about their work at the Bill & Melinda Gates Foundation, as well as about their marriage, their children, their failures and the satisfaction of giving most of their wealth away.
ARTHUR M. BLANK on The Giving Pledge “Now, as I approach my 70th birthday, I am more committed than ever to making a difference through philanthropy. The needs in our society are more profound than at any point in my lifetime. The gap between rich and poor in America is growing. Philanthropy alone cannot repair all of the social injustice in our country or the world. It can, however, inspire good will, spark innovation and provide thought leadership.”
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Enzo Calamo is the Best Selling co-author of "How To Create Infinite Returns In Real Estate Using The Secret Asset: How To Recover All Business and Personal Expenses Using The Secret Asset" This is a must read for every affluent investor.
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The International Association of Advisors in Philanthropy is the leading charitable giving organization in the world for inspiring collaboration among professionals.
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