Philanthropy 3 0 With Notes
27
Philanthropy 3.0 & The “Social Profit” Economy June 2012
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Presentation made at the Vitalize Alberta conference in Calgary.
Transcript of Philanthropy 3 0 With Notes
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
www.dexterityconsulting.ca
www.place2give.com
@DexterityCon @Place2Give
1-866-936-GIVE
