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Schloss Leopoldskron
The Drive for Universal Health Coverage: Health Care Delivery Science and the Right to High-Value Health Care 
Value(s) for Money? Philanthropy as a Catalyst for Social and Financial Transformation
06 Mar - 09 Mar, 2014
 Russian Civil Society Symposium: 
Building Bridges to the Future

Additional Session Support:
Tamsyn Barton (Resource Specialist) - Director-General, Lending Operations outside the EU and candidate countries, European Investment Bank

Abstract:
Increasing social and environmental challenges, writ globally, are raising the stakes for philanthropy to find "solutions". The deeply complex nature of these challenges, however, defies easy fixes and requires more sophisticated and diffuse systems level approaches. Is the philanthropic sector ready, or capable of meeting critical systemic challenges? Probably not, as seen through the lens of Michael Edwards in a recent think piece entitled 'Beauty and the Beast: Can Money Ever Foster Social Transformation?'.

Innovative funding mechanisms that support social change - like crowd-funding, social impact bonds, payments for eco-system services and prize-backed challenges - have diversified the funding landscape and brought in new resources. The system, however, is arguably out of balance with too much focus placed on revenue-generation, and directing financial resources, through the market. At the same time, less funding is available for the deeper, less tangible drivers of social change - change that is driven by the beneficiaries themselves and is inherently more democratic. Money, while a seemingly essential tool in change processes, can be a "curse", reinforcing or exacerbating the very circumstances and power imbalances at the heart of systemic social challenges.

The objective of this program, in partnership with Hivos, is to shape a new narrative on funding for deep social change that can influence current and future funding trends and global policies.

Related SGS Programs
Philanthropy in Times of Crisis and Transition: Catalyzing Forces of Change
01 Dec - 04 Dec, 2012
Value vs. Profit: Recalculating ROI in Financial and Social Terms
13 Oct - 17 Oct, 2012
Smart Change: Investing in Women and Girls- Leveraging Philanthropy for Global Impact
18 Oct - 23 Oct, 2009
 


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