June 2023 - Alliance magazine

Shock of the new – How new giving vehicles and tools are shaking up philanthropy

Is the conventional foundation model being supplanted? Is online giving democratising philanthropy? Has regulation has not kept pace with innovation? Our latest special feature explores the impact and implications of new giving vehicles and tools.

The feature is guest edited by Bheki Moyo in South Africa and features expert contributions from Ray Madoff on donor advised funds, Annie Chen from RS Group family office in Hong Kong and Paula Fabiana looking at endowment funds in Brazil – and much more.

Elsewhere, we catch up with Swiss philanthropist, Andre Hoffmann as he says goodbye to the MAVA Foundation, and talk to foundation leaders in Turkey, Guler Sabanci and Semahat Arsel.

Special feature

Giving vehicles and tools: A matter of perspective

5 June 2023
Bhekinkosi Moyo

The concept of newness in giving vehicles and tools has been dominated by northern habits of thought and experience in philanthropy In May, the African Grantmakers’ Affinity Group (AGAG) meeting in New York conducted an exercise to ascertain whether participants understood the concept of a ‘philanthropy adviser’, and whether or not they had connected with one in their home countries, community or work. Under this heading were included the so-called new vehicles and tools like …

Charles Keidan

Editorial

DAFs: Be careful what you wish for

The traditional foundation model – which assumes different forms and styles around the world – still lies at the heart of institutional philanthropy. But in recent years, the old model of charitable foundations has been supplemented, and some fear supplanted, by an explosive growth of donor advised funds (DAFs) and giving through non-charitable structures like limited liability companies. At the same time, technology has opened online channels for people to give and receive in ways unimaginable a generation ago. The transformation of both funding and fundraising through crowdfunding and personalised giving platforms is viewed by proponents of new giving vehicles …