How far are foundations willing to go to try to solve what they see as the most urgent problems facing the human race – whether it's climate change or proliferation of nuclear arms or HIV/AIDS? Will they dig into corpus, increase their payout, decide to spend out, direct all their grantmaking to a single issue, invest their assets in that issue? Are they prepared to take actions beyond the 'norm' of what grantmakers do? These are the questions raised by the special feature in the December issue of Alliance.
A selection of views, from editorial board members and others, on the implications of the global financial crisis on philanthropy and civil society, with several writers seeing new opportunities for social investment and social enterprise.
See www.alliancemagazine.org