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Value(s) for Money? Philanthropy as a Catalyst for Social and Financial Transformation 06 Mar - 09 Mar, 2014
SUSTAINABILITYValue(s) for Money? Philanthropy as a Catalyst for Social and Financial Transformation06 Mar - 09 Mar, 2014

    Abstract

    Increasing social and environmental challenges, writ globally, are raising the stakes for philanthropy to find "solutions". The deeply complex nature of these challenges, however, defies easy fixes and requires more sophisticated and diffuse systems level approaches. Is the philanthropic sector ready, or capable of meeting critical systemic challenges? Probably not, as seen through the lens of Michael Edwards in a recent think piece entitled 'Beauty and the Beast: Can Money Ever Foster Social Transformation?'.

    Innovative funding mechanisms that support social change - like crowd-funding, social impact bonds, payments for eco-system services and prize-backed challenges - have diversified the funding landscape and brought in new resources. The system, however, is arguably out of balance with too much focus placed on revenue-generation, and directing financial resources, through the market. At the same time, less funding is available for the deeper, less tangible drivers of social change - change that is driven by the beneficiaries themselves and is inherently more democratic. Money, while a seemingly essential tool in change processes, can be a "curse", reinforcing or exacerbating the very circumstances and power imbalances at the heart of systemic social challenges.

    The objective of this program, in partnership with Hivos, is to shape a new narrative on funding for deep social change that can influence current and future funding trends and global policies.

    Session Report

    Participant Profile

    To explore these questions and frame a roadmap for change, Salzburg Global Seminar and Hivos will convene between 50 and 60 practitioners and thinkers for an intensive three-day program in the retreat atmosphere of Schloss Leopoldskron, Austria. Participants will represent a cross-section of leaders and entrepreneurs from the philanthropic, development, and financial communities in different countries and regions, including research and policy.  

    Session Format

    The session will be highly intensive and interactive to facilitate reflection and open exchange. It will combine intensive debate with case studies demonstrating innovative mechanisms as well as creative sessions to map, design, and prototype new models.

    Program Goals

    The program aims to shape a new dialogue on funding for deep social change in order to influence current and future investments and policies at international to local levels.

    Five goals have been defined to meet this objective:

    • Map the current funding landscape to locate gaps and fault lines by issue, sector or region;
    • Stimulate exchange of experience and ideas to deepen the knowledge base and identify options for short- and longer-term strategies;
    • Prioritize components of a new funding ecosystem, taking into account current geo-political and -financial environments;
    • Target achievable yet significant interventions that can create tangible improvements over the next year; and
    • Taking account of provider and recipient motivations, scope roles and opportunities for collaboration between different actors, including government and multi-lateral organizations.  

    Contributors

    CONTRIBUTORS
    Angelika Arutyunova
    Program Manager, Associations for Women's Rights in Development, Toronto
    CONTRIBUTORS
    Tamsyn Barton
    Director-General, Lending Operations outside the EU and candidate countries, European Investment Bank
    CONTRIBUTORS
    Federico Bonaglia
    Head of the Policy Dialogue Division (PDD) of the Development Centre (DEV), OECD, Paris
    CONTRIBUTORS
    Edmund Cain
    Vice President, Grants Program, Hilton Foundation, Agoura Hills, CA
    CONTRIBUTORS
    Emmett Carson
    Silicon Valley Community Foundation, CEO and President, Mountain View, CA
    CONTRIBUTORS
    Michael Edwards
    Distinguished Senior Fellow, Demos, New York, NY
    CONTRIBUTORS
    David Emerson
    CEO, Association of Charitable Foundations, London
    CONTRIBUTORS
    Richard Gomes
    Head of Global Policy and Advocacy, Shell Foundation, London
    CONTRIBUTORS
    Heather Grady
    Philanthropy Specialist
    CONTRIBUTORS
    John Harvey
    Founding Principal of Global Philanthropy, Council on Foundations; Consultant, USA
    CONTRIBUTORS
    Mari Kuraishi
    Co-Founder and President, GlobalGiving Foundation, Washington, DC
    CONTRIBUTORS
    Atallah Kuttab
    Founder and Board Member, SAAED, Amman
    CONTRIBUTORS
    Pieter Oostlander
    Board Chair, European Venture Philanthropy Association, Brussels
    CONTRIBUTORS
    Gayle Peterson
    Founder and Senior Managing Director, Partners for Change; Program Director, Impact Investing and Women Transforming Leadership Programs, Oxford Said Business School
    CONTRIBUTORS
    Abhijit Ray
    Managing Director, Unitis Capital, Bangalore
    CONTRIBUTORS
    Mark Sidel
    Doyle-Bascom Professor of Law and Public Affairs, University of Wisconsin Law School, Madison, WI
    CONTRIBUTORS
    Andre Wilkens
    Manager, Stiftung Mercator, Berlin

    Graphic Recording

    Ecosystems of philanthropy: models for the ideal ecosystem for social transformation

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