Giving Compass’ Take:
• Sampriti Ganguli, CEO of Arabella Advisors, highlights three trends in philanthropy that we are likely to see in the next decade.
• How are these trends going to impact your giving habits? For instance, are you interested in understanding how tech can inform your philanthropy?
• Check out these nonprofit trends coming in 2020.
When it comes to the role that giving plays in our society and how that will change the institutions of the philanthropy world, there’s a lot to look out for in the coming decade, says Sampriti Ganguli, CEO of Arabella Advisors, a consulting company that advises individuals, corporations, and foundations on impact investing, advocacy, and other philanthropic ventures. Ganguli highlighted a few ways we’ll see the world of giving change.
- Technology may help target giving. As the world becomes more technology-enabled, so will philanthropy, and that could have some big benefits. “You can use artificial intelligence and predictive analysis . . . to identify the three interventions that can help accelerate the reading gap for third graders, or how to use geospatial analysis to identify where forest fires could occur next year, and how do we get those resources there?” Ganguli says.
- Philanthropy will bolster capital for women and people of color. There’s a lot of capital out there for entrepreneurs, and yet minorities are still often left out of that opportunity (and also the philanthropic world). By blending philanthropic capital and investment capital, Ganguli sees a way to help those who have been left behind.
- Philanthropy will help prison reform efforts. In the next decade, says Ganguli, an area in the crosshairs of philanthropy will be prison reform, partly because it’s an issue that the left and the right are finding common ground in fixing. “Funders come to criminal justice reform from two very different angles: One is ‘This is a very expensive system,’ and two, ‘It’s a very inequitable system,’” she says.
Read the full article about philanthropy trends in the next decade by Kristin Toussaint at Fast Company.
Learning and benchmarking are key steps towards becoming an impact giver. If you are interested in giving with impact on Philanthropy take a look at these selections from Giving Compass.
Looking for a way to get involved?
If you are looking for opportunities to learn and connect with others interested in the topic of Philanthropy, take a look at these events, galas, conferences and volunteering opportunities aggregated by Giving Compass.
Are you ready to give?
In addition to learning and connecting with others, taking action is a key step towards becoming an impact giver. If you are interested in giving with impact for Philanthropy take a look at these Giving Funds, Charitable Organizations or Projects.