Foundations should do as the Kleissners do, America's pioneers of 100% impact investment, and invest their assets to create social value, says a new report launched today by New Philanthropy Capital.
In the latest Opportunity Collaboration interview Ladislav Kossar explains the process of developing a small organisation reliant on philanthropic grants to one with a sustainable model and international reach.
Nonprofits should be more like businesses. Giving should be more like investing. Increasingly the world's wealthiest are rigorously planning their philanthropic journeys. And there are some powerful phenomena behind the trend.