What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Giving Compass' Take:
• Rockefeller Philanthropy Advisors examines the practice of collaborative philanthropy and how it's able to increase impact, while managing risk.
• What partners could you engage with to increase your impact?
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.