philanthropy in a digital age: how technology is changing the advisor workflow

Philanthropy in a Digital AgeCharity, Community, Technology and the Drivers for Change

Presented by: Gena Rotstein, Place2Give and Lori Stewart, Innovate Calgary

Key Learnings

The intersection of technology and social change

Implications on Advisor workflow

Case studies eBay “Auction for America” Awesome Foundation Kiva.org Charity Navigator & Place2Give

“Unlike in past eras, social sector organizations are now in direct control of a mass media

communication medium, more powerful than any that proceeded it”

- The Communications Network

Social Investing

Social Return on Investing

Social Entrepreneurship

Social Finance /Social Capital

Shared Value

Collective Impact

Social Innovation

Social Good

SOCIAL CHANGE

Charity Evolution

Resourcing Social Change

Personal & Family Social Vision

What we do… Volunteering Time Donating In-Kind Chequebook Charity Engaged Philanthropy Strategic Philanthropy Leaving a Legacy

Front-line Charity Annual Giving Special Events Private Foundation Public Foundation Charitable Trust Donor Advised Fund Giving Circle Crowdfunding Micro-Loans “Groans” Social Impact Investing

How we do it... Why we do...

“Heading for a Revolution...”

Industrial Revolution Improved productivity

Assembly Line

Technology Steam power, shipping systems

Raw materials Resource extraction

Infrastructure Government Policies

Information Revolution Improved productivity

Social networks to leverage operational objectives (crowd-sourcing)

Technology Internet

Raw materials Ideas

Infrastructure Government Policies, co-work space, social networks

Information Flow

Donor Advisor Charity

New Economic Models

The Sharing Economy Latitude Research

The Creative Economy Richard Florida

New Wealth The Emergence Collective

The App Store Economy Digital Buzz Blog

Idea Economy iGenTribe.com

Case Study: For Profit Social Enterprise

Sharing Economy

Village Capital

Case Study: Power of the Crowd

Case Study: Power of the Crowd

Creative Economy

Case Study: Co-Work Spaces & Innovation Hubs

Idea Economy

Case Study: Hack-a-Thon

#Hack4Good

Collective Impact

Source: Collective Impact – Kramer, FSG Consulting

Case Study: Micro-Lending

Case Study: Micro-Lending

Case Study: Transparency, Accountability and “Co-Opetition”

Philanthrocapitalism

Giving 2.0

Giving Well

The Art of Giving

End of Fundraising

Impact Assets

Uncharitable

MFG Change, Generating Social Capital, Charity Hive - Blogs

The Creative Class

The Blue Sweater

Soul of a Citizen

The HIP Investor

Harvard Business Review, Stanford Social Innovation Review

Book List

References

Network for Good

The Communications Network

Stanford Social Innovation Review

Un:Common Innovation