Minimizing harm and promoting socialbenefit are two aspects where corporations can contribute positively tosociety. Many corporations support international organizations,governments, civil society and charitable institutions in an effort toincorporate strategic philanthropy into their corporate responsibilityactivities.
Philanthropists have recently become moreinterested in social entrepreneurship as an innovative and efficient wayto achieve sustainable results.
Taking into account gender aspects is critical to thesuccess of social projects. What are the best strategies formainstreaming gender issues and women’s leadership in philanthropicwork?
The vast majority of philanthropists trust their donationsto help those less fortunate than themselves when, in fact, expertsestimate that less than one-third of the money that people give tononprofits actually reaches the poor and needy.
Goals and strategies:
In engaging in philanthropy, how does onespecify the underlying values, goals and strategies? How hands-on orhands-off should philanthropy be? Should philanthropy rely on provenapproaches or should it be more risk-taking? What is the best way toestablish the necessary trust between the different actors?
Traditional notions of low involvement,grant-giving philanthropy are being challenged by the rise of “competitive philanthropy”, increasingly blurring the lines between thenon-profit and corporate worlds. What is the impact of the new,competitive business approach to philanthropy?
Philosophy and ethics of philanthropy:
Contributing to the commongood takes many forms, from individual acts of philanthropy tooverarching patterns of social activism. Why do people give money toworthy causes?
In recent years, numerous initiatives to measureimpact more effectively have been launched including communities of practice, online platforms, standards and certification mechanisms,ratings and stakeholder reviews.
Financial turmoil in global markets:
At a time of crisis, philanthropicinvestments are at risk. The huge amounts of shareholder wealth lost inrecent months will slow down giving and charities will have to adapt.
1.258 | Summit on the Global Agenda
Philanthropy and Social Investing