Nine practical solutions
COVID-19 has affected all of us. But what we don’t know is how this has affected philanthropy. And there’s two schools of thought. There’s the pessimist, and the optimist view. The pessimist view is that because of the economic recession, the depression potentially, that people will have less to give and they will give less and that charities will really struggle to mobilise philanthropic resources. The optimist view is that actually this has changed everything. The way we interact with each other and our understanding of each other’s needs, the love of humankind which is the definition of philanthropy, and that could lead actually to more generous giving, even as a smaller GDP will give a higher percentage of GDP through philanthropy. The reality is we don’t know, and only time will tell. But we at global philanthropic have put our heads together to look at how can we actually influence that as professionals in philanthropy and we’ve developed nine guiding principles that we published on our website, and that I’ll be discussing in the next nine weeks. Each one of these principles I’ll be examining and trying to discuss, so that you might think about applying these principles to your work to your organisation. So that together, we have the best outcome for philanthropy. This is something I believe is in our hands, and that we need to work together across the profession, to make sure that we actually make sure that people, although they may have less, actually give more.