What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
To regularly evaluate our philanthropic strategy we try to stay abreast of key trends and innovations which can impact our efforts and objectives, positively and negatively. These topics and our opinions are an iterative process that will change as conditions change and more data becomes available. The following discussion points represent several forces affecting philanthropy in the US, as well as our assessment of how they relate to us.
We can’t simply rely on the billionaires to satisfy all the charitable requirements that our communities face. Sure, this elite group can undoubtedly accomplish monumental achievements like Gates’ quest to eradicate malaria, however, we believe our society is better off in the short and long term when philanthropic underpinnings and activities permeate all levels of society. Not only do smaller amounts from a massive population often exceed what almost any individual can donate, but many of today’s philanthropic leaders might not be as committed had the proper values not been instilled earlier during a humble more modest stage of their life.
The need for private philanthropy is not likely to disappear anytime soon. In all likelihood, the opposite will occur. Philanthropy will play an increasingly important role in our society as the need increases and government support wanes. As a result, we want to do our best to ensure our efforts in this regard are being as efficient and impactful as possible and that requires keeping keyed into and adapting to current trends and the overall climate.