Over the years, various forms of philanthropy have come and gone. Traditionally, various forms of philanthropy have been pretty siloed. However, according to one post I recently read by consultant Kris Putnam-Walkerly, this is giving way to various silo-smashing trends. Here are a few of the trends he discussed:
CEO Branding: CEOs and wealthy donors have been realizing the personal and professional value of developing their own “brands” unique from their specific companies. By using their voices more aggressively, they’ve helped support the reputations of the philanthropies with which they’re involved.
Advisors and coaches: While the idea of a “philanthropy coach” sounds pretty ridiculous, novice philanthropists have recognized that people with knowledge and experience in various philanthropic fields can offer valuable insight and guidance.
Transparency: Thanks to technology, individual philanthropists and charities have been opening up to each other, as well as to their peers. Previously, conversations about challenges or failures were never discussed, yet people these days are much more comfortable admitting their flaws.
Investment crossover: Tools such as program-related investments and mission investments have continued to grow in popularity both with individuals as well as institutions. Individual philanthropists have begun to make stronger connections between the funds they invest in private markets and nonprofits.
Equity: People have been talking more and more about inequity these days, with foundations asking about the extent to which their grantmaking and internal practices are contributing to or helping to dismantle longstanding institutional inequities.
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