The Future of Philanthropy

July 21, 2016
The Nation

CCR Board Member Rosemary Corbett shares some thoughts on funding social change. 

...These developments point to an underlying strategy that we both believe is necessary to change the economic system and the power dynamics in which philanthropic institutions operate: a strategy of divestment and reinvestment that directs funds away from fossil-fuel companies and businesses operating in apartheid countries, to take just two examples, and reallocates them to enterprises that embody sustainability, good-governance practices (including racial, ethnic, gender, and sexual diversity in staff and leadership), and socially just behavior. Such measures are crucial for bringing philanthropic foundations in line with their professed aim: the promotion of social good. ...

Read the full piece here.

Last modified 

July 21, 2016