Philanthropy 3.0 & The “Social Profit” Economy

June 2012

To Be Covered

• Charity sector 101 – Why do we have it, why do we need it and how has it changed?

• The industrialization of philanthropy• Social Enterprise and the new way of

doing an old business• Role of technology• Case studies & discussions

Learning Objectives

• What is the Social Enterprise marketplace• How traditional philanthropy and social

enterprise intersect• What does this mean for your organization

A Short History of Philanthropy

Society & Religion Government & Legislation Corporate Models

Green Innovation (2007)

A systemic view of innovation.

Source: After Westall, A. 2007. How can innovation in social enterprise be understood, encouraged and enabled? A social enterprise think piece for the Office of the Third Sector. Cabinet Office, Office of The Third Sector, UK, November. Available at http://www.eura.org/pdf/westall_news.pdf

Definitions

Donor Advisor Charity

New Language for a New Market

Source: un:common innovation

Show me the Money

Revenue Model• How you plan on making money

Business Model• How you plan to continue to make money

YES CHARITIES CAN MAKE MONEY

Traditional Charity Revenue Models

Bequests

Major Gifts

Annual Gifts

Special Events or Fundraisers

Source: un:common innovation

The New Economy Flow

Social Change

Donation

ROI

Online Transactions

Human Capital

Traditional

Solicitations

Social Media

Campaigns

Shareholders

Putting Theory into Practise

New Models

• The Sharing Economy Latitude Research

• The Creative Economy Richard Florida• New Wealth The Emergence Collective• The App Store Economy Digital Buzz

Blog• Social Media is Shaping Consumer

Decision Making Digital Buzz Blog• Idea Economy iGenTribe.com

Policy & Corporate Structures

• GIIRS B-Corp• L3C (US – state-by-state)• Part 9 charity companies (Alberta)• Community Interest Companies (UK)• Co-Ops• Social Impact Bonds (UK, US state-by-

state)

Technology

• Value of connections Social Network– Facebook causes

• Strategic partnerships Joint Ventures– LinkedIn

• Village capital Cohort– SI Hubs and Co-Location Spaces

Webbing Social Value

How do I knowDiscussion

• Is philanthropy still relevant today?– What are some of the social perceptions of

charity and philanthropy?– How do I know?

• What does philanthropy really look like in my organization?– How am I currently supporting donors in this

new landscape?– Who are my competitors?– How do I know?

Discussion on Sustainability

• A business based on fundraising… is this sustainable?– How do I know?

• How do I scale a business built on fundraising revenue?

• What would a new revenue model look like?– What influences this model?– How do I find out?

Book List• 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

Contact Info

Gena Rotstein

gena@dexterityconsulting.ca

www.dexterityconsulting.ca

www.place2give.com

@DexterityCon @Place2Give

1-866-936-GIVE