Posts Tagged ‘philanthrocapitalists’

Recruit board members that are advocates—not drab-vocates

CausePlanet is tackling board governance this month with an article feature coming from national expert, coach, and author of Leveraging Good Will, Alice Korngold. She’s worked with national boards for more than 20 years so keep your eyes peeled mid-month.

Additionally, CausePlanet is offering a workshop for Denver nonprofit leaders with nonprofit strategist and board doctor extraordinaire, Denise Clark, at the Colorado Nonprofit Association on June 18 at 1 p.m. We call these workshops Fast Food for Thought because we cover terrific solutions on a nonprofit topic as well as feature a Page to Practice summary in 60 minutes. This month’s Fast Food for Thought is board governance and covers highlights from Exposing the Elephants by Pamela Wilcox, which tackles pesky personalities and problems on boards that undermine progress (apologies for the alliteration).

Don’t forget to visit our Page to Practice book summary this month, which is stop-you-in-your-tracks look at philanthrocapitalism, by Michael Edwards and called Small Change.

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Why business won’t save the world

CausePlanet is pleased to feature a terrific book this month that will have you rethinking how to partner with businesses and philanthropists: Small Change: Why Business Won’t Save the World. Michael Edwards provides a refreshing and surprising look at the widely accepted but unproven success of philanthrocapitalism.

Edwards argues that the hype surrounding partnerships with businesses and philanthrocapitalists far exceeds the reality of outcomes when systemic change is involved. While there is “justifiable excitement” about the potential for progress in major global issues such as health, agriculture and access to microcredit, the reality is that no delivery of goods and services can eliminate inequities surrounding poverty and violence, for example—only the empowerment of those closest to the problem, as well as transformation of systems, values and key relationships can create meaningful change.

Because no nonprofit wants to appear unthankful for the generous opportunities that come their way, the rising debate about philanthrocapitalism’s shortfalls have hovered under the radar. Edwards’ book asks the tough questions and compels readers to examine the messy yet transformational nonprofit work in society versus the sometimes inappropriate reduction of societal problems to a bottom line.

For more information about Small Change, visit Michael Edwards’ site at or learn more about Page to Practice book summaries.

Image: Michael Edwards,

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Philanthrocapitalists – a new breed

According to the authors of our current Page to Practice™book summary, Philanthrocapitalism: How Giving Can Save the World, a new breed of philanthropists like Warren Buffet and Bill Gates are leading this revival and reinvention of an old tradition that has its roots in the Andrew Carnegie era – and which has the potential to solve many of the biggest problems facing society today. This book examines this new movement and its implications, and shows how a new group of wealthy, motivated donors has set out to change the world.

I had the good fortune of catching a rare interview of Melinda Gates and found myself awestruck by the impact her foundation work was having on the various issues they’ve chosen to focus on. It was thrilling to hear their current and future plans to wipe out some of the long-standing problems we face in our global community. This book explores how the generosity of the Melindas, Bills and Warrens of the world can change the face of our societal issues and how we can cooperate in the nonprofit trenches.

Philanthrocapitalism will have huge implications for the nonprofit sector, as well as the world. Giving may well replace government spending as the greatest force behind societal change, especially as governments continue to make budget cuts to social programs. In addition, more and more people are realizing that government can’t solve big global problems alone. Philanthrocapitalists have a certain freedom to do the risky, innovative things that government can’t, and to find new solutions to problems. They can bring together business, nonprofits, governments, social entrepreneurs and philanthropists in innovative partnerships. Giving has a crucial role to play, and nonprofits need to tap into this new trend to make the changes they seek.

Don’t forget to follow us on Twitter, Facebook and CausePlanet for more information about nonprofit leadership and Philanthrocaptialism.

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