Families, Philanthropy, and Impact
Overview
Philanthropy and social impact commitments don’t just benefit the intended parties. Uncovering hidden talents and resources while building collaborative, creative learning communities committed to change pays dividends to your family or organization as well. It doesn’t matter if you build a framework of individuals creating “an unstoppable force for good” in their communities, or cultivate a new generation of philanthropic leaders passionate about making a transformational difference. This panel will discuss how giving back can pay it forward for your family or office.
Insights and Key Takeaways
As impact philanthropy becomes more important to families, they are further engaging in the issues facing their communities. Here Nadia Roumani, Co-Founder and Senior Designer for the Designing for Social Systems Program at Sanford University, and Wendy Steele, Founder and CEO at Impact 100 Global Advisor Council, address how philanthropy has changed over the years, as well as the central social and economic issues facing us today in the world of philanthropy and impact.
Steele’s founded Impact 100 because she witnessed a lack of interest or aptitude toward philanthropy in her community as friends and family were not understanding philanthropy. Her initial idea was simple – gather 100 women who each donate $1000. And 100% of that money is grouped together and donated locally in increments of $100,000. Today Steele oversees more than 65 Impact 100 chapters around the globe.
Impact 100 provides the tools to assess non-profits, and the members end up knowing more about their community than before. They learn about the non-profit community, they learn about each other, and as a result, they care more about the issues. Further Steele sees multi-generational engagement, as members bring along a mother, sister, aunt or a daughter or niece.