Making the Sector Switch
Saint Mary’s University of Minnesota
Most organizations openly acknowledge their boards are not functioning in the way they believe they should…. We are long overdue for a major overhaul of the role/responsibility of the board (I am not speaking legal governance here, nor am I implying another boilerplate system of board building)…. Can we be bolder on this topic? – Karla Williams
Globalization of Philanthropy
This is important to note. A mistrial was declared in the case against an Islamic charity. There is a growing move toward the globalization of philanthropy. Not pure philanthropy mind you from micro loans to B corporations to social entrepreneurship to global cause marketing campaigns, the for-profit sector is stealing our thunder and replacing it with their version of philanthropy.
This is driven, in part, by a Millennial generation that wants to be “invested” in the world. I see this trend as an attack on the core ideals of philanthropy. It’s time to take leadership and make sure these efforts to globalize philanthropy are truly philanthropy and not just revised business models that integrate a hybrid of social interest and cute marketing to further the interest of shareholders.
Our first priority should be our beneficiaries, not our shareholders.