Models of Philanthropy

Establishing a Foundation

A charitable foundation is a structure through which the donor conducts their giving or corporate social investment (CSI) activities to help ensure focused and sustained giving.  It usually takes the form of a trust or a non-profit company (NPC), and involves the donation of capital to the foundation (either at the start or over time) and the investment of this capital or endowment.

Collaborative Philanthropy

Philanthropy at its best is an inventive and collaborative enterprise. Yet, more often than not, foundations and individual benefactors have chosen to go at it alone.

No longer.

A new breed of philanthropist has emerged, willing to partner across sectors, disciplines, and geographic boundaries to achieve their goals. They often reject the simplistic divides that can sometimes hamstring innovation, and they have early successes to show this approach can pay off.

Social Justice Philanthropy

2005 Foundation Center publication, Social Justice Grantmaking: A report on foundation trends defines Social Justice Philanthropy as:

‘... the granting of philanthropic contributions to [non-governmental] organizations … that work for structural change in order to increase the opportunity of those who are least well off politically, economically, and socially.’

Supporting a nonprofit organisation

With so many worthy organisations and causes in South Africa, it can be daunting to decide which ones to support. There are many considerations that should inform this decision, including ensuring alignment between the funder’s and recipient’s objectives, and how best a sustainable impact can be made.

Individual Giving

‘So many people in townships and rural areas take care of others and help their families and communities on a daily, informal basis,’ says Mzamo Masito, ‘but they do not see what they do as “philanthropy”: to them it is simply ubuntu. We need to find other words, such as “communal” or “good citizenship”, that will give philanthropy more meaning in an African context and on a smaller scale.’

He believes too that it is important to change the perception that it is only once people have become “well-off” that they can give back. ‘Particularly in an African context,’ Masito notes, ‘talent and time are more valuable than rands and cents.’

Impact Investing

South Africa remains beset by socio-economic challenges ranging from inequality and unemployment, to poverty and a lack of access to education and healthcare.

At an event hosted by Nedbank Private Wealth and Moneyweb, a number of investment professionals sat round the table to discuss the state of impact investing in the country and how investors can contribute to solutions by investing in companies or projects that deliver both financial returns and social and environmental impact.

Turning Passion into Action

This report featuers key steps for donors considering Giving While Living, however the steps are applicable to any type of giving programme.

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