A Conversation on the Art of Giving
Friday, October 30, 2009
By: Susan Carey Dempsey
A new book by philanthropist Charles Bronfman and Jeffrey Solomon, who directs the Andrea and Charles Bronfman Foundation, offers their experienced insights to those contemplating philanthropic ventures.
A new book by philanthropist Charles Bronfman and Jeffrey
Solomon, who directs the Andrea and Charles Bronfman Foundation, offers their
experienced insights to those contemplating philanthropic ventures.
onPhilanthropy sat down with the authors of The
Art of Giving: Where the Soul Meets a Business Plan.
OP: When you are talking to people about philanthropy, how are these challenging economic times
affecting the conversation?
Charles Bronfman:
It’s even more important to talk now than before. If you
want to set aside funds, you need to think about where philanthropy ranks in
your budget. Is it a necessity or an also-ran? It’s a time to look into your
soul. What can be fulfilling to you?
OP: Do you feel that philanthropists, in addition to what
their monetary gifts can accomplish, also have a responsibility to set an
example for others?
It doesn’t require seven-figure gifts to be an example.
Nancy Lublin created Dress for Success, and then Do Something to encourage
teenagers to get involved in nonprofit activities. So she has motivated others,
to “pay it forward.”
OP: You have seen philanthropy grow not just in the United
States, but around the world. What changes are you seeing?
Jeff Solomon:
We’re seeing the export of Guidestar to the UK and other
countries, bringing greater transparency. We’re seeing other trends like this
emerge in Europe. Israel, in fact, now has four academic centers for the study
of philanthropy. There’s a sense of seriousness I see in the journals coming
out of them.
Charles Bronfman:
We’re pleased to see more young people taking on an ever
expanding role in philanthropy, expanding their interest in careers in this
field, too.
Jeff Solomon:
Slingshot, young
philanthropists in their 20s, gave
each organization they support a Flip, a $100 video camera. Instead of writing
a midyear report, they said show us what you do. Don’t spend a lot of overhead
on reporting; use digital technology. It’s very interesting.
OP: Do you have a sense of how younger philanthropists are
using Facebook, Twitter, etc. to support causes?
Charles Bronfman:
My feeling is we don’t need to know everything about those
tools, we just say, go your way, and keep us posted. We all should have the
time and enthusiasm of Generation Y.
OP: OK , so what are some trends we may not have seen that
are out on the horizon?
Jeff Solomon:
It may be early to call it a trend, but I think it’s the
transition from 1.0 to 2.0, now to 3.0 1.0 was when the impetus to give came from the heart to
the checkbook; 2.0 was the “new Philanthropy,” when the brain took over,
emphasizing impact and strategy. I think 3.0 is when the heart and the brain
meet. When that happens, it feeds the soul; it’s not just an intellectual
decision.
Charles Bronfman:
The current trend of following the money, that wasn’t the idea when I was young. You simply
trusted the elders. Now, donors want to know what happens; they stay involved
after they contribute.
OP: Donors today are very concerned about making an impact.
What do you recommend?
Charles Bronfman:
You don’t need a lot of money to make impact – especially if
you do it locally. You make life better for people very close to you.
OP:How to do you recommend donors stay knowledgeable about
projects they support?
Jeff Solomon:
We recommend they perform due diligence, learn who they are and
how they operate. But, as we caution in the book, NIFO: noses in fingers out, don’t confuse
giving donations with management.
About the Author
Susan Carey Dempsey, Editor-in-Chief of onPhilanthropy, is
Managing Partner of CauseWired Communications, a firm consulting on effective
messaging for nonprofits and causes. She can be reached at susan@causewired.com.
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