Three part case study on the Corporate Social Responsibility (CSR)

Justification of research project

This collaborative research project explores the strategic role that grantmaking foundations can play in the realm of social finance. Traditionally associated with redistributive grantmaking, foundations are now being challenged to align their investment practices with their social missions. This project aims to support this transition by developing a structured reflection and concrete tools. It is organized into three phases: a conceptual and historical review of philanthropy’s ties to finance; case studies of applied social finance (e.g., community real estate funds, Bâtiment 7, antiracism initiatives); and a critical analysis of the strategic repositioning of foundations. The project brings together researchers, practitioners, and funders to co-produce a theoretical framework, practical guides, infographics, and video capsules. Its ultimate goal is to equip the philanthropic sector with a more integrated approach to responsible investment, social justice, and community impact.

Research question

How can grantmaking foundations engage strategically in social finance while staying true to their philanthropic mission, and what specific roles can they play in the broader impact investment ecosystem?

Research purpose

This project aims to define and analyze the role that philanthropic foundations can play in the field of social finance. It explores how foundations can go beyond traditional grantmaking to become proactive actors in building a more equitable, solidarity-based, and sustainable economy. The objective is to develop a strategic, practical, and theoretical framework based on a collaborative research initiative involving institutional partners (such as the Chagnon Foundation) and academic actors (via PhiLab).

Research approach

• Phase 1: Literature review and expert interviews to reconstruct the history of the relationship between philanthropy and social finance

• Phase 2: Analysis of exemplary practices (4–6 case studies, including one inconclusive) using a structured analytical framework

• Phase 3: Critical and forward-looking reflection on the limits and potential of social finance in the philanthropic sector

•  Co-construction seminars with stakeholders for validation and appropriation

• Development of a guiding framework, practical toolkit, infographics, video capsules, articles, and conference presentations