By: Sally Garis, New Generation of Giving Coordinator, Philanthropy Australia.
Today the focus was on innovative philanthropic family foundations.
Diana Leat gave an excellent overview of giving in the UK, followed by an 'in conversation' between Rob Bell (Paul Hamlyn Foundation) and Sara LLewellin (Barrow Cadbury). Rob and Sara provided insight into how they collaborate for impact and work with/across different generations of family members.
In the afternoon, Impetus Private Equity Foundation (IMPEF) revealed their innovative approach to supporting ‘at risk’ youth into sustainable and meaningful employment. IMPEF provide 'private equity-like' capacity building support to charities and social enterprise that work in this area. Their funding and support is split into three phases: Focus, Strengthening, and Scaling.
New Philanthropy Capital rounded off the day with a macro-overview of emerging innovations in philanthropy and the cultural and structural barriers to implementation. This led into an examination into the challenges and opportunities of impact measurement. The development of a ‘theory of change’ for philanthropy as a sector is an important next step for Australia
To end the first day of the Study Tour, we were welcomed by High Commissioner, Alexander Downer, to the Australian High Commission. This was followed by two inspiring talks by Roman Krznick (School for Life) and Karl Lokko (former gang-land leader, and now of Big Change Foundation). Both speakers shared their thoughts on empathy, purpose and love of mankind - using the heart in addition to the head in philanthropy.
Nov. 03, 2015
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