Big Bet Philanthropy: How More Givers Are Spending Big And Taking Risks To Solve Society’s Problems

From Kerry A. Dolan / Forbes: For the superrich and the biggest U.S. charitable foundations, donating to universities, hospitals and cultural institutions is the norm. Less common are donations targeted at “social change” such as alleviating poverty or tackling global warming – but that is beginning to change. An in-depth study from the Bridgespan Group is showing how big bets in philanthropy are paying off, as well as what factors – such as a close donor-recipient relationship – are key to success.

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