Philanthropy is often seen as society's risk capital. That means the onus is on philanthropists, nonprofit leaders and social entrepreneurs to innovate. But philanthropic innovation is not just about creating something new. It also means applying new thinking to old problems, processes and systems.
Laura Arrillaga-AndreessenOf course, giving is deeply emotional. But supplementing emotion with research makes it more likely that a gift can have a bigger impact. It's like any investment. After all, you wouldn't put funds into stocks or bonds without understanding the potential return. Why wouldn't you do the same when investing in society?
Laura Arrillaga-AndreessenWeโre seeing that business models and philanthropic models are not mutually exclusive.
Laura Arrillaga-AndreessenANYONE WHO GIVES ANYTHINGโTIME, MONEY, EXPERIENCE, SKILLS, AND NETWORKSโIN ANY AMOUNT, TO CREATE A BETTER WORLD.
Laura Arrillaga-AndreessenShouldn't you put the same amount of effort into your giving as you might for your for-profit investments? After all, philanthropy is an investment, and one in which lives - not profits - are at stake.
Laura Arrillaga-Andreessen