The Kresge Foundation reposted this
Last week, we had the privilege of hosting Jim Bildner, CEO of Draper Richards Kaplan Foundation, for an insightful session on "Unleashing the Potential of Philanthropy to Solve Problems" with Philanthropy Australia. Jim's extensive experience in venture philanthropy and his role on the board of The Kresge Foundation provided invaluable perspectives on driving social impact. Some key takeaways from the event: 🔍 Framework for Solving Problems: – Understand the Problem: Dive deep into the issues you're addressing. – Define Your Endgame: Set clear short and long-term targets. – Know the Ecosystem: Identify gaps, focus efforts, and leverage existing resources. 💡 Funding Models for Maximum Impact: – Multi-Year Support: Provide sustained, flexible funding for long-term growth. – Crowd in Other Capital: Use your funding to attract additional investments. Capability Building: Offer leadership development, strategic guidance, and opportunities for connection. – Strategic Use of Capital: Utilise grant money wisely and consider loans when possible. In June, we're hosting a short course for social enterprises with Jim on operationalising and scaling for impact. You can see the details and register here: https://lnkd.in/gx6_t9gr #Philanthropy #SocialImpact #VenturePhilanthropy #JimBildner #SocialInnovation #ImpactInvesting #FundingModels #CapacityBuilding #Ecosystem
Founder & CEO at Social Impact Hub, Co-Founder Wait Mate
4moThank you Jim Bildner for sharing your wisdom and expertise with us last week! We’re looking forward to the course on operationalising and scaling for impact in June