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Opinions


A ‘Gospel of Wealth’ for the 21st century

John Fullerton 1 June 2013

In his Gospel of Wealth, published in 1901, Andrew Carnegie declares, ‘The amassing of wealth is one of the worst species of idolatry.’ He states his position on the ‘duty of the man of Wealth’ …

In need of a compass …

Cathy Pharoah and Charles Keidan 1 March 2013

Foundations face crucial spending challenges over the next few years. Weak economic growth and austerity regimes will increasingly take their toll on social wellbeing, and needs will rise. Foundations, however, are unlikely to have increased …

It’s the wrong question!

Buzz Schmidt and Clara Miller 1 March 2013

‘How much is your financial return discounted by your mission investment strategy?’ We cannot tell you how many times we have heard that question. You might say we ask for it. The F B Heron …

Why foundations should be shareholder activists

Catherine Howarth 1 March 2013

A year after the ‘shareholder spring’, when shareholders of some big companies succeeded in restricting executive bonuses, it will be interesting to see if shareholders are even more assertive this year or return to more …

From fragmentation to function?

Malcolm Hayday 1 December 2012

In 2007 the Skoll Centre for Social Entrepreneurship published a working paper by Jed Emerson and Joshua Spitzer entitled From Fragmentation to Function. As I cleared my office cupboards to make way for my successor …

Legacy planning: a necessity not an option

Betsy Brill 1 December 2012

In the 13 years since Strategic Philanthropy, Ltd was established, philanthropic advisory services have become a more familiar professional resource for donors and an increasingly respected professional ‘partner’ for their legal and financial advisers. The …

Legitimacy lies in what you do, not who you are

Anthony Tomei 1 December 2012

Foundations have a long and distinguished history of influencing social change. From the Rockefeller Foundation’s work on the Green Revolution through the initiatives that helped to establish the civil society sector in Eastern Europe in …

Good data for big capital

Sarah Gelfand 16 October 2012

Last month’s issue of Alliance included thoughtful pieces that discussed both the promise and the limitations of data for philanthropy. We read the contributions with great interest at the Global Impact Investing Network (GIIN), a …

Investors’ perspectives: Zooming in from 10,000 feet

Maximilian Martin 1 September 2012

As the ‘next gen’ successor to capital markets focused on a single bottom line, impact investing is at a fascinating juncture. The loss of confidence in banks and mainstream investments appears to be with us …

Advisers’ perspectives: From ten years in, looking ten years out

Melissa A Berman 1 September 2012

This year marks the tenth anniversary of the launch of Rockefeller Philanthropy Advisors as an independent non-profit. Before 2002, we were a service within the Rockefeller family office, working with members of the Rockefeller family …