A Bold Vision for Philanthropy in 2038
In a blog post from the Grantmakers for Effective Organization’s (GEO) conference, Kathy Reich, Director of BUILD, maps out a vision for philanthropy for the next 20 years. Reich counts racial equity, collaboration with other funders, flexibility, and learning among the top practices critical to reaching philanthropic goals.
Published in Social Velocity | May 1, 2018
A Bold Vision for Philanthropy in 2038
By Kathy Reich
GEO turns 20 this year, and it’s come a long way since 12 people decided they needed a space for grantmakers who geek out on the art and science of their trade.
Today more than 600 foundations belong to GEO, and 950 people have gathered this week in San Francisco for the group’s biannual conference. Thanks in part to GEO’s tireless efforts, practices that once were outside the mainstream of organized philanthropy — general operating support, evaluation for improvement, funder collaboration, use of grantee feedback, and investments in nonprofit capacity building — are now widely recognized as essential in our field.
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The Ford Foundation is an independent organization working to address inequality and build a future grounded in justice. For more than 85 years, it has supported visionaries on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Today, with an endowment of $16 billion, the foundation has headquarters in New York and 10 regional offices across Africa, Asia, Latin America, and the Middle East.