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Full-Text Articles in Business
Philanthropy: Evidence In Favor Of A Profession, Heather L. Carpenter
Philanthropy: Evidence In Favor Of A Profession, Heather L. Carpenter
The Foundation Review
Philanthropic employees have been cautious in implying that they are pursuing a career in philanthropy. Karl Stauber (2010) presented an argument in support of such caution: that philanthropy failed to meet all seven standards posited by Burton J. Bledstein, that when met, define a profession.
This article presents a literature review and findings from a survey of 500 members of the Council on Foundations that offer evidence for the counterargument that philanthropic work requires specialized education and training to master a set of core competencies.
While this article does not argue for or against the question, determining whether philanthropy as …
The Philanthropy As One Big Impact Investment: A Framework For Evaluating A Foundation’S Blended Performance, Rohit T. Aggarwala, Claudine A. Frasch
The Philanthropy As One Big Impact Investment: A Framework For Evaluating A Foundation’S Blended Performance, Rohit T. Aggarwala, Claudine A. Frasch
The Foundation Review
While some foundations have put their entire focus on impact investing, philanthropy still lacks the tools that enable such investments to be made with the same rigor as the best financial investments and philanthropic grants. This reveals a more fundamental problem: We do not currently manage foundations as the integrated portfolios that they are.
This article proposes a framework for evaluating a foundation’s blended performance that enables both grantmaking and endowment investing to be evaluated jointly, and thus also allows a complete evaluation of how impact investments could improve — or fail to improve — overall performance.
The article demonstrates …