Giving Compass’ Take:
• In this Daily WRAG post, Washington Regional Association of Grantmakers President Tamara Lucas Copeland shares her thoughts on how philanthropy can evolve in 2019.
• Among these insights are addressing the root causes of racial bias and finding ways to work more closely with communities. How can we do better in these areas and others?
On New Year’s Day, I saw a news segment about 2019 diet trends. The key takeaway: there really isn’t anything new. To lose weight, exercise more and eat less. That’s it.
This made me think about philanthropy. What is new in philanthropy for 2019? Anything? Or is the formula for investing in communities still pretty much the same?
For me, the answer is “yes, but no.” The underlying desire to invest responsibly in communities for the social good seems to be fundamental, long-standing, and shared by most corporate giving programs and foundations. The question is, what does “responsibly” mean? That’s the “no” part. I think the definition of responsible investing has changed, a change that shapes how I see philanthropy moving forward. That said, here are my top three insights for 2019 on how philanthropy’s traditional approaches are shifting, at least here in the Greater Washington region.
1. Just the facts
2. Work with communities
3. Grow the corpus
Read the full article about three insights on philanthropy by Tamara Lucas Copeland at dailywrag.com.
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