Fundamentally, philanthropy is an activity consisting of transferring financial resources, usually from private sources, towards social causes, of supposed general interest. While the notion of philanthropy can be traced back to Antiquity, modern philanthropy is distinguished by its profoundly utilitarian spirit, which causes it to seek maximum societal impact. In this search for impact, foundations and other charitable organizations have been very creative, with the goal of helping the progress of their respective mission through ever more efficient management of the financial resources available to them. The philanthropic sector is thus a very promising space for “socio-financial innovations”, innovations that emerge as much in fundraising as in the redistribution methods. We cannot forget to mention the development of “social” or “socially responsible” finance regarding the investment of endowments, with gives way to a plethora of practices that allow the pairing of financial gains with social and environmental gains in one move. In order to explore this world of innovations in full swing, this issue offers a variety of references that cover philanthropy’s new financial vehicles through which philanthropic actors fundraise, give, or invest money.
Happy Reading!
- The importance of digital transformation for the social sector, by Lili-Anna Pereša, President and General Director, Centraide du Grand Montréal
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Mass Philanthropy and Social Media: From the “Ice Bucket Challenge” to the International Humanitarian Crisis, By Diane Alalouf-Hall
- Corporate philanthropy and corporate social responsibility, By David Zaragoza and Elisabeth Robinot
- Vidéo Tiess-PhiLab: Qu’est-ce que la mesure d’impact?
- Video Tiess-PhiLab: Evaluation et mesure d’impact social – Enjeux et opportunités
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Obligations communautaires: une rencontre entre citoyens, entreprises d’économie sociale et écosystème financier, By Vanessa Sorin, Tiess.
- Les nouvelles pratiques de financement en économie sociale, by Émilien Gruet, conseiller en transfert Territoires innovants en économie sociale et solidaire (TIESS), for Vie économique, Vol. 8 issue 1.
- Les Limited Liability Company : des véhicules philanthropiques pas comme les autres, by Anne Monier
- “PhiLibrary” review of publications on the subject: New financial vehicles of philanthropy