The Cupcake-baking Philanthropists

Excellent example of the inter-generational differences between ‘traditional’ philanthropists and the new, younger generation emerging today…talk of earned revenue financing micro-loans for those in need certainly is a different dialogue from what traditional philanthropy has been about in the past.

Giving Well

Last week I was sitting in Manhattan with four extraordinary women.  Down the table from me was Jennifer Buffet, President and Co-chair of the NoVo Foundation; Chair and CEO of the Catherine B. Reynolds Foundation, Catherine B. Reynolds; Josefina Vázquez, Executive Director of the Boston Women’s Fund; and Karen Osborne, President of The Osborne Group.  We were panelists charged with discussing “the changing face of philanthropy” for the Sixteenth Annual Philanthropic Round Table on Women and Philanthropy convened by Miss Hall’s School and faced with an knowledgeable and engaged audience.

Those of us tagged as “experts” charged forth into discussion about the impact of the economic downturn on philanthropists, we called for private funders to consider untraditional partners such as government or business, we challenged the funding community to take more risks and be more transparent about our failures.  We discussed philanthropy’s role in economic development, the effect of violence against…

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1 Comment

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One response to “The Cupcake-baking Philanthropists

  1. Paul, thanks for re-blogging my piece. What some term a “generational divide” is really an opportunity to re-think traditional approaches to investing private charitable resources for the greatest impact, as you suggest. Let’s look forward to good conversation on the topic in the foundation board room and in communities.

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