Zhilun Pang

Are you a donor or a grantmaker? Help our colleagues at 21/64 & the National Network of Consultants to Grantmakers (NNCG) gain valuable insights on how you engage philanthropy consultants or advisors to advance your giving. Click here to start the survey > https://bit.ly/49FGn76

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Does the result of the upcoming US election have implications for your #nonprofit? What decisions need to be made? Don't wait for the ballots to be counted, use scenario planning to take a structured approach to navigating the uncertainty right now.

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A topic that is very dear to me, check out this great resource from NFF

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It's time to REDESIGN systems of power and governance in philanthropy. Do you know any extraordinary board members, trustees, or HNWIs who have an inkling that this is true? 🤔 Philanthropy's status quo is an ill fitting governance system that wasn't designed for social change--it doesn't work well for anyone involved or the outcomes we seek. We need systems that work for the complexity and humanity of the world. The good news is, we can create them. Together. We've designed a highly supported experience to do just that! We're working with the brilliant teams at Intrinsic Labs and Radical Optimist Collective. Click through to see the profile of potential participants we're looking for to take part in Metamorphic Legacy, a bespoke leadership experience to redesign governance. Share this post/the 1 pager with 🦄 trustee unicorns 🦄 you know and reshape philanthropy with us! #philanthropy #leadership #governance #redesign #boardmembers #trustees #HNWIs #creativity #boards #grantmaking #innovation #crappyfundingpractices https://lnkd.in/dXz4zR8X One pager: https://lnkd.in/dR-hGN-T

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Whilst its hard to see that any progress has been made, to the contrary - it looks like 0 progress made and everything got worse, with recent years breaking through the 1.5C targets. We mustn't give up hope that the many initiatives that have been kicked off as a result of these agreements, have prevented worse things from happening... too optimistic? maybe But working in the sustainability and SDG space has never been more exciting, with many people sharing that a just transition to a more sustainable, de-growth and circular economy is, ...possible. The questions is how fast, to prevent worse things from happening (Climate Catastrophy, Ecological Collapse, ...the list is getting longer). Currently the ANNUAL financing gap to the 2030 SDGs is (according to UN estimates), around $4 trillion. This is the same as Germany's or Japan's Gross Domestic Product. This is a staggering number and concept that the money missing to achieve the SDGs is the same as the monetary value of ALL finished goods and services made in Germany or Japan on an annual basis. And yet, the world economy is worth around $100 Trillion, so $4 trillion = 4%. That ...almost...sounds doable? too optimistic? maybe When it comes to asset managers, total discretionary assets under management (AUM) of the 500 biggest managers amounted to USD 113.7 trillion at the end of 2022, down by 13.7% from the end of 2021. The largest, BlackRock, manages $10 trillion and the next biggest 2, Vanguard ($9 trillion) and Fidelity ($4 trillion). Surely, investing into solutions on a planet that is actually liveable with resources being consumed at a sustainable pace is what its at? Otherwise, what will be managed in 20 or 30 years?

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This trend of diversity leaders and executives closely collaborating with others in adjacent positions in order to create mutually beneficial strategies is one of the more exciting ways these leaders are leaving their mark on the structures within companies that so often hold diversity initiatives back. It's an important lesson to internalize, the most important fights are never fought alone. #Justice #DEI #Leadership

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🌟 Embracing Systems Change in Philanthropy: A Necessity for Sustainable Impact 🌟 Heather Grady summarises Rockefeller Philanthropy Advisors' Shifting Systems Initiative. This innovative approach is redefining philanthropy, focusing on long-term strategies that tackle the root causes of societal issues. 🛠️ Key Insights for Effective Philanthropy: - Shift Mental Models: Change deep-seated beliefs and attitudes. - Tackle Root Causes: Address conditions that maintain societal issues. - Empower Movements: Support community-led institutions to shift power dynamics. - Collaborative Funding: Encourage pooled resources and unified strategies for greater impact. 💬 Let's Discuss: What are your thoughts on systems change in philanthropy? How can we make a lasting impact together? #philanthropy #systemschange #socialimpact https://lnkd.in/gaY-Q57C

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New in The Chronicle of Philanthropy: Many of us are invested in protecting our democracy. But how do we know which interventions work, and how do we relay that to the right people? Public Agenda President Andrew Seligsohn lays out the path forward. Read his full piece here: https://lnkd.in/dXMtCnpa

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“By developing a futures culture, philanthropy can stay open and flexible and expand its toolbox with new, non-linear strategies and practices to embrace complexity and uncertainty as a feature of our times” Our latest publication, “Futures Philanthropy: Anticipation for the Common Good”, explores how and why philanthropy could play a role in fostering anticipation for the common good and what anticipation looks like when it is put in the service of society and common interests. Download your copy here! #FuturesPhilanthropy https://bit.ly/4dmtNN8

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Interested in discovering how philanthropy can harness the future-thinking? 📖 In their latest publication, Philea - Philanthropy Europe Association and Copenhagen Institute for Futures Studies chart a new pathway for philanthropic organisations to embrace the future as an extensive realm of possibilities ✨ The long-term nature of today's challenges requires us to rethink our way of working, moving from short-term plan to flexibility and innovation. Current practices must evolve to anticipate the common good, enabling communities to thrive towards the future 🔝 Dive into the report to discover how Mercator Foundation Switzerland, Assifero, Calouste Gulbenkian Foundation have already implemented a future-thinking strategy. The 3 toolkits provided will also support organisations to start this journey, beginning with introspection and moving into action. https://t.ly/mlaeh #philanthropy #futurethinking #challenges #communities #giving

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❓ Has the recent explosion in big bet philanthropy left doers facing an imposing funding cliff? A recent Stanford Social Innovation Review article by Matthew Forti and Claire McGuinness from One Acre Fund challenges donors and doers alike to rethink collaboration, helping big bet philanthropy lead to even bigger social change down the road. They contend that a funding cliff often comes at precisely the moment doers are ready for a next phase, which is crucial to achieving their social change ambitions. This post-big-bet phase is one where the rate of impact growth will far exceed the rate of resource growth, which should make it a highly appealing investment opportunity. 📚 Read the full article at https://lnkd.in/eAKgj6iR At EYElliance, we support stronger collaboration between big bet donors and their doer recipients to create sustainable momentum for however long the long haul is to reach their shared social change objectives. #BigBetPhilanthropy

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“As philanthropy grows, it is up to us to take bigger risks to influence funders. We have a responsibility to give private philanthropy hard feedback...” At ImpactED, we are always looking for ways to advocate for organizations to receive more resources to support their needs and goals. This recent Stanford Social Innovation Review article highlights the importance of intermediary organizations and how they can effectively connect donors with organizations and individuals. Check it out below!

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"The role of the funder in strategy implementation is not to be prescriptive about specific solutions, but rather to be a partner and a deep listener with grantees and community partners on what is most needed and when." "Systems change funders understand that those closest to the problem have the deepest knowledge of solutions, and frequently focus on building community power." "Funders can be helpful connectors and bring together different actors who hold different parts of the solution, and to provide resources quickly where they are most needed." A new article from FSG outlines the benefits of adopting a "community-driven", ecosystem approach to philanthropy. https://lnkd.in/dDTEQMwb

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Trust-Based Philanthropy Project recently shared a new resource highlighting the impact of trust-based philanthropy. This resource has been developed to help bust the myth that #trustbasedphilanthropy is at odds with impact. Learn more and download the new resource here: https://bit.ly/3QEyTdQ

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Edgar Villanueva, Roland K., and many others delivered powerful keynotes on cross-sector power dynamics, inequality in philanthropy, and how to create meaningful change with technology #ai #digitaltransformation https://lnkd.in/eQEMWYGs On systemic wealth inequality:  "Poverty is a product. Wealth extraction, it's in our DNA." "1.5 trillion in philanthropy is invested in private markets. Where is the money? Who controls it? Who benefits? 95% continues to build your wealth." On rethinking traditional philanthropy models: "Generosity is not enough. Systems of dependency to redistribution." "Reparations are needed, not just generosity." Successful models were highlighted: "Philanthropic partnerships that mobilize communities, nonprofits, corporations and governments can create lasting change." "The 'shared value' model partners corporations and philanthropy to directly address problems." On using unrestricted funding: "Liberated capital - trust community advisors to redistribute resources. Have real relationships with the community." The role of AI in social impact: "Amplification of human intent. Use AI for good intent to support human intelligence." "AI can personalize at scale and streamline processes." We all need to critically examine legacy systems, redistribute power and wealth more equitably, and embrace new models - including AI - to create meaningful social impact. Brandolon Barnett, Kate Behncken, Imani Dunbar, Aimée Eubanks Davis Meg Garlinghouse, Erin Lewellen, Ellen McClain, Aneesh Raman, Erin McHugh Saif, Devi Thomas, John P. Wiltshire, Kelly Fukai, C.M, M.B.A, Sal Khan

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Watch the complete video of our President and COO, Diallo Smith, alongside other panelists in the full discussion "How Justice Demands Are Changing Philanthropy Dynamics" at the recent Mackinac Policy Conference. https://lnkd.in/gabsk__4

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Are you a donor? Grantmaker?  Do you have 10 minutes? Help our colleagues at 21/64 and the National Network of Consultants to Grantmakers (NNCG) gain valuable insights on how you engage philanthropy consultants or advisors to advance your giving. Click here to start the survey >> https://lnkd.in/ejBbSgt7

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