Shauna Nep suggests that:
- With some notable exceptions, the way we as philanthropic institutions currently engage is not only inconsistent with our current values, but also behind the times in which we live.
- New tools and platforms allow philanthropy to embrace transparency more easily than it could in the past. IssueLab – a project of the Foundation Center – allows foundations to upload case studies, evaluations, white papers, and issue briefs, and ensures that the content is both archived and accessible. GlassPockets, another initiative of the Foundation Center, champions philanthropic transparency by inspiring private foundations to adopt openness in their communications and by highlighting where philanthropic dollars are going. Tools like these make philanthropy more transparent and streamline access to knowledge generated by philanthropy.
- A fundamental issue seems to be that as foundations, our funding strategies are developed in isolation rather than in consultation with the people and organizations we seek to benefit. Impact is piecemeal, not as lasting or transformative as it could be.
- One area in which philanthropy is getting stronger is collaboration. Funders increasingly encourage and/or require collaboration amongst their grantees, and are also starting to adopt the practice themselves. Over the past few years several funders collaboratives have formed, eg. Collective Impact