COVID-19 is exacerbating ongoing geopolitical and societal challenges, and the existential crisis of climate change looms large. In this 16th edition of the Global Risks Report, it highlights the implications of major risks, including the COVID-19 pandemic and an emerging risk landscape spanning from the digital divide to navigating global fractures to considering strategic investments to avoid catastrophic outcomes.
Philanthropic Mission and Strategies
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To make progress on challenging issues of social and environmental problems, strategic funders understand the need to address the systems that maintain and exacerbate them. Drawing on secondary research, advisory experience, and conversations from a series of convenings, this report illustrates how funders can design for and measure progress on systems change that is more effective, sustainable, and scalable—one that also adopts the lessons learned from COVID-19 and where philanthropy has a unique role.
The 2019 FOX Survey on Values-Aligned Investing was completed alongside our annual Global Investment Survey.
The concept of “making an impact” is not new. Families of substantial wealth and philanthropy have long had an intertwined history. So it is no surprise that, when 2020’s tremors hit, families of exceptional wealth stepped up in ways not only addressing the pandemic but also tackling deeper societal issues. FOX Chief Operating Officer Glen W.
Your fellow FOX members have contributed these philanthropic planning tools and samples. Please note that these samples have been provided for illustrative purposes only, and may not represent the latest versions at the organizations listed.
More than ever before, giving families are working to involve multiple generations in their philanthropy. This emergent trend comes with a shift that focuses the conversation of next generation engagement from a “passing the baton” mentality—where succession planning is the motivator for next gen participation—to an intergenerational focus. Knowing how to make the most of your family’s time, talent, and treasure can be an opportunity of a lifetime to create profound family ties and remarkably effective family philanthropy.
The act of giving through family philanthropy can be a transformative experience for both family members and the communities they serve, sometimes with an impact that lasts generations. However, achieving a positive, enduring impact requires purposeful vision and decision making throughout the lifespan of the family's philanthropic work. With the deep experiences of philanthropic families and advisors showing the way forward, the roadmap to meaningful giving can be made easier and more effective.