In this uplifting talk, Katherine Fulton sketches the new future of philanthropy — one where collaboration and innovation allow regular people to do big things, even when money is scarce. Giving five practical examples of crowd-driven philanthropy, she calls for a new generation of citizen leaders.

When philanthropy was reinvented a century ago, when the foundation form was actually invented, they didn't think of themselves on the wrong side of these either. In fact they would never have thought of themselves as closed and set in their ways, as slow to respond to new challenges, as small and risk-averse. And in fact they weren't. They were reinventing charity in those times, what Rockefeller called "the business of benevolence." But by the end of the 20th century, a new generation of critics and reformers had come to see philanthropy just this way.

Read more about the future of philanthropy on Giving Compass

Source video: TED: Ideas worth spreading