Giving Compass’ Take:
• Rockefeller Philanthropy Advisors examines the practice of collaborative philanthropy and how it’s able to increase impact, while managing risk.
• Collaborative philanthropy is a big area that refers to a wide range of actions, but this boils it down nicely for those still getting their feet wet. Basically, look at it as a learning opportunity for philanthropic partners.
As the landscape of philanthropy continues to expand and evolve, it’s become more and more clear that the future of systemic change — using giving to find solutions that address the underlying causes of social, economic and environmental problems — requires not only larger pools of funding, but more combined willpower and expertise. If your philanthropic vision involves truly moving the needle on a big issue, it’s worth exploring the possibility of bringing others along with you on the journey.
There are a number of benefits collaborative philanthropy can have, both for funders and for grantees.
Here are some of the reasons why you may want to consider dedicating a portion of your philanthropic dollars to collaborative giving efforts:
- Learning opportunity for donors
- Risk management
- Increased impact
- Necessary processes for decision-making
Read the full article about the benefits of collaborative giving from Rockefeller Philanthropy Advisors.
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Are you ready to give?
If you are ready to take action and invest in causes for Collective Impact, check out these Giving Funds, Charitable Organizations and Projects related to Collective Impact.