Center for High Impact Philanthropy

Last updated

The Center for High Impact Philanthropy (CHIP) is a center at the School of Social Policy and Practice at the University of Pennsylvania in the United States focused on high impact philanthropy, both in the US and internationally. The Center translates the best available evidence in areas such as education and early childhood development, disaster relief, poverty, democracy, and public health into actionable guidance and educational programs for those looking to make a difference with their giving. [1]

Contents

CHIP produces guidance on specific issue areas, such as improving child survival rates [2] and supporting mental health, [3] in addition to its yearly High Impact Giving Toolkit [4] and its High Impact Philanthropy Academy, [5] an education program designed for individual donors, professional grantmakers, and other philanthropic leaders. [5]

History

The Center for High Impact Philanthropy was established in the Spring of 2006 as a collaboration between the School of Social Policy & Practice and alumni of the Wharton School, including former SP2 dean Richard Gelles and Founding Executive Director Katherina Rosqueta. [6]

Early Work

CHIP's first publication, I'm Not Rockefeller, [7] authored by Kathleen Noonan and Katherina Rosqueta, explored how high net worth philanthropists (philanthropists who give at least $1 million annually) approach giving. Key findings of that study that informed CHIP's subsequent work were that the amount of wealth philanthropists have does not affect their approach to philanthropy and that there is confusion amongst philanthropists about the difference between what Rosqueta called High Impact Philanthropy – maximizing the positive change that an amount of funding can have on any given cause, and High Input Philanthropy – putting in large amounts of funding into a cause. [8]

During its early years, the CHIP team was focused on two major areas: education in the United States and global public health priorities. [9] In line with these focus areas, the Center published Pathways to Student Success, [9] which examines multiple approaches to creating student success through giving and evaluates them on the center's "cost per impact" scale, as well as Lifting the Burden of Malaria, [10] which offered donors ways to use their giving to ease the Malaria crisis that had become an issue in sub-Saharan Africa.

At the onset of the economic crisis of 2008, CHIP also examined how philanthropy could better link considerations of impact and cost as outlined in Philanthropic Triage During an Economic Downturn. [11] This cost per impact model was included in Measuring and/or Estimating Social Value Creation, written by Melinda Tuan [12] and commissioned by the Bill & Melinda Gates Foundation.

Fall 2009 – 2015

Following from the 7.0 magnitude earthquake that struck Haiti in January 2010, CHIP published Haiti: How Can I Help, [13] a guide to show donors how they can apply their philanthropic capital to help Haiti recover from the consequences of the earthquake and the challenges the nation faced before the earthquake occurred. In 2011, CHIP's issue-specific, cost-per-impact model was highlighted in a chapter of Women’s Health and the World’s Cities, which laid out how philanthropy can be utilized to enhance the health of urban women. [14]

To address the varying perceptions of evidence in philanthropy, CHIP published Rethinking the E Word [15] in 2014. The authors posit that perceptions of evidence in philanthropy differ depending on who is observing the philanthropic act. CHIP deduced that there are “three circles of evidence” in philanthropy: research and scientific evidence, field experience, and informed opinion. [15]

2016 - Present

In 2016 the Center for High Impact Philanthropy began teaching principles of High Impact Philanthropy to individuals and leaders in philanthropy in an executive education program for funders. [1] In 2020 the program was renamed High Impact Philanthropy Academy. [5]

In 2017 CHIP's director, Kat Rosqueta, authored Impact investing: Aligning money, values, and social impact goals with Family Firm Institute, discussing how family foundations can ease the tension of alignment within their foundations and streamline grantmaking and investment practices to maximize impact in their issue areas. [16] Additionally, CHIP published We the People: A Philanthropic Guide to Strengthening Democracy in partnership with the Democracy Fund. [17] CHIP laid out proposals with the potential to address structural inequality in Choosing Change, [18] a collaboration with the MacArthur Foundation's Lever for Change. CHIP also published Talent for Giving: Building the Team to help you do good [19] in partnership with the Gates Foundation.

Media coverage

Nicholas Kristof featured the center in his New York Times series, the Year of Giving Better, writing that the center "examines a variety of important areas such as the empowerment of women and girls, early education and global health." [20]

The Center for High Impact Philanthropy has been featured in the New York Times, [21] [20] NPR, [22] Generocity, [23] Money, [24] The Chronicle of Philanthropy, [25] Newsweek, [26] the Boston Globe, [27] Top of Mind with Julie Rose, [28] Forbes, [29] Inside Philanthropy, [30] The Philadelphia Inquirer, [31] Forbes India, [32] GiveWell, [33] [34] WHYY, [35] in addition to other publications. [36]

Related Research Articles

<span class="mw-page-title-main">Melinda French Gates</span> American philanthropist (born 1964)

Melinda French Gates is an American philanthropist, former multimedia product developer and manager at Microsoft, and the ex-wife of its co-founder and billionaire Bill Gates. French Gates has consistently been ranked as one of the world's most powerful women by Forbes magazine.

<span class="mw-page-title-main">Bill & Melinda Gates Foundation</span> Private foundation founded by Bill and Melinda Gates

The Bill & Melinda Gates Foundation (BMGF), a merging of the William H. Gates Foundation and the Gates Learning Foundation, is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported as of 2020 to be the second largest charitable foundation in the world, holding $69 billion in assets. On his 43rd birthday, Bill Gates gave the foundation $1 billion. The primary stated goals of the foundation are to enhance healthcare and reduce extreme poverty across the world, and to expand educational opportunities and access to information technology in the U.S. Key individuals of the foundation include Bill Gates, Melinda French Gates, Warren Buffett, chief executive officer Mark Suzman, and Michael Larson.

Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. A person who practices philanthropy is a philanthropist.

John Douglas Arnold is an American philanthropist, former Enron executive, and founder of Arnold Ventures LLC, formerly the Laura and John Arnold Foundation. In 2007, Arnold became the youngest billionaire in the U.S. His firm, Centaurus Advisors, LLC, was a Houston-based hedge fund specializing in trading energy products that closed in 2012. He now focuses on philanthropy through Arnold Ventures LLC. Arnold is a board member of Breakthrough Energy Ventures.

A giving circle is a form of participatory philanthropy by a group of individuals who form a voluntary association to donate their money or time. The group then decides how to allocate these resources to charitable organizations or community projects. Groups may also seek to increase their awareness of and engagement with the issues covered by the charity or community project.

Philanthrocapitalism or philanthropic capitalism is a way of doing philanthropy, which mirrors the way that business is done in the for-profit world. It may involve venture philanthropy that actively invests in social programs to pursue specific philanthropic goals that would yield return on investment over the long term, or in a more passive form whereby "social investors" benefit from investing in socially-responsible programs.

<span class="mw-page-title-main">Jean Case</span> American businesswoman

Jean Case is an American businesswoman, author, and philanthropist who is chair of the board of National Geographic, CEO of Case Impact Network, and CEO of the Case Foundation. She is married to AOL co-founder Steve Case.

<span class="mw-page-title-main">New Philanthropy Capital</span>

New Philanthropy Capital (NPC) is a charitable organisation based in London, United Kingdom. It describes itself as "the think tank and consultancy for the social sector." NPC aims to help charities, foundations, philanthropists, impact investors, social enterprises, corporates, and the public sector to maximise social impact in the lives of the people they serve.

The FasterCures Philanthropy Advisory Service (PAS) was first created as an online information resource for medical philanthropists. The goal of the web-based service is to accelerate drug and therapy development by increasing support and directing funds to high impact, nonprofit disease research organizations. It provides data about diseases and associated research organizations, allowing philanthropists to make informed investment decisions, match their interests to specific research organizations, and assess the outcome of their philanthropic investment.

Global Philanthropy Group is a consulting firm that provides philanthropic services for high-net-worth individuals, charitable foundations and corporations. Their clients include John Legend, Avril Lavigne, Madonna, Tegan and Sara, Miley Cyrus, Eva Longoria, Gucci, Task Rabbit and Tory Burch. They have offices in Los Angeles and New York.

<span class="mw-page-title-main">Philanthropy in the United States</span> Overview article

Philanthropy in the United States is the practice of voluntary, charitable giving by individuals, corporations and foundations to benefit important social needs. Its long history dates back to the early colonial period, when Puritans founded Harvard College and other institutions. Philanthropy has been a major source of funding for various sectors, such as religion, higher education, health care, and the arts. Philanthropy has also been influenced by different social movements, such as abolitionism, women’s rights, civil rights, and environmentalism. Some of the most prominent philanthropists in American history include George Peabody, Andrew Carnegie, John D. Rockefeller, Henry Ford, Herbert Hoover, and Bill Gates.

<span class="mw-page-title-main">Holden Karnofsky</span> American nonprofit executive

Holden Karnofsky is an American nonprofit executive. He is a co-founder and Director of AI Strategy of the research and grantmaking organization Open Philanthropy. Karnofsky co-founded the charity evaluator GiveWell with Elie Hassenfeld in 2007 and is vice chair of its board of directors.

A food drive is a form of charity that is conducted by a group of individuals or a corporation to stockpile and distribute foodstuffs to people who cannot afford food.

<span class="mw-page-title-main">Bloomberg Philanthropies</span> Charitable organization of Michael Bloomberg

Bloomberg Philanthropies is a philanthropic organization that encompasses all of the charitable giving of founder Michael R. Bloomberg. Headquartered in New York City, Bloomberg Philanthropies focuses its resources on five areas: the environment, public health, the arts, government innovation and education. According to the Foundation Center, Bloomberg Philanthropies was the 10th largest foundation in the United States in 2015, the last year for which data was available. Bloomberg has pledged to donate the majority of his wealth, currently estimated at more than $54 billion. Patti Harris is the CEO of Bloomberg Philanthropies.

Arnold VenturesLLC is focused on evidence-based giving in a wide range of categories including: criminal justice, education, health care, and public finance. The organization was founded by billionaires John D. Arnold and Laura Arnold in 2010.

<span class="mw-page-title-main">Trevor Neilson</span>

Trevor Neilson is an American businessperson, investor, entrepreneur and philanthropist. He is the co-founder, chairman and CEO of WasteFuel, a company that produces renewable fuels using proven technologies to address the climate emergency and revolutionize mobility.

Open Philanthropy is a research and grantmaking foundation that makes grants based on the doctrine of effective altruism. It was founded as a partnership between GiveWell and Good Ventures. Its current chief executive officer is Alexander Berger, and its main funders are Cari Tuna and Dustin Moskovitz. Dustin says that their wealth, worth $11 billion, is "pooled up around us right now, but it belongs to the world. We intend not to have much when we die."

Charity assessment is the process of analysis of the goodness of a non-profit organization in financial terms. Historically, charity evaluators have focused on the question of how much of contributed funds are used for the purpose(s) claimed by the charity, while more recently some evaluators have placed an emphasis on the cost effectiveness of charities.

Wendy Steele is an American civil activist, social entrepreneur and philanthropist who is best known as founder of Impact100, a nonprofit organization with over 60 chapters across the United States, the United Kingdom, Australia and New Zealand.

References

  1. 1 2 "Who We Are". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-06-20.
  2. ↑ "Improving Child Survival Rates". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-06-20.
  3. ↑ "Health in Mind". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-06-20.
  4. ↑ "2023 High Impact Giving Toolkit". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-06-20.
  5. 1 2 3 "High Impact Philanthropy Academy". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-06-20.
  6. ↑ "About". Center for High Impact Philanthropy. Retrieved 2012-12-05.
  7. ↑ Noonan, Kathleen; Rosqueta, Katherina (2008-09-15). "I'm Not Rockefeller: 33 High Net Worth Philanthropists Discuss Their Approach to Giving" (PDF). The Center for High Impact Philanthropy. Retrieved 2023-08-16.
  8. ↑ "CHIP's Katherina Rosqueta: 'India and China Will Leapfrog Past the U.S. in Impact Investing'". Knowledge at Wharton. Retrieved 2023-08-16.
  9. 1 2 "Pathways to Student Success". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-08-16.
  10. ↑ "Lifting the Burden of Malaria". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-08-16.
  11. ↑ Rosqueta, Katherina (October 21, 2008). "Philanthropic Triage During a Downturn". Philanthropy News Digest. Retrieved 2023-08-16.
  12. ↑ "Measuring and/or Estimating Social Value Creation: Insights into Eight Integrated Cost Approaches". Melinda Tuan. 2014-04-27. Retrieved 2023-08-16.
  13. ↑ "Haiti: How Can I Help?". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-08-16.
  14. ↑ "Women's Health and the World's Cities – Penn Press". University of Pennsylvania Press. Retrieved 2023-08-16.
  15. 1 2 Philanthropy, Center for High Impact (2014-03-14). "Rethinking the E Word". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-08-16.
  16. ↑ "Impact Investing: Aligning money, values, and social impact goals". FFI Practitioner. 2017-10-17. Retrieved 2023-08-16.
  17. ↑ Daniels, Alex (October 1, 2019). "Can Philanthropy Save Democracy?". Chronicle of Philanthropy. Retrieved 2023-08-16.
  18. ↑ "Choosing Change". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-08-16.
  19. ↑ "Talent for Giving". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-08-16.
  20. 1 2 "How to Make the World a Better Place". www.nytimes.com. Retrieved 2023-06-20.
  21. ↑ Tugend, Alina (2017-11-06). "Nonprofits Give 'Disconnected' Youths Another Chance". The New York Times. ISSN   0362-4331 . Retrieved 2023-06-20.
  22. ↑ "How To Give Back During The Coronavirus Pandemic". NPR.
  23. ↑ Hazelton, Lynette (2020-09-03). "Funding the COVID-19 recovery in Philly: Tracing the lessons to date". Generocity Philly. Retrieved 2023-06-20.
  24. ↑ "How to Decide Where to Donate Money and Make an Impact Right Now". Money. Retrieved 2023-06-20.
  25. ↑ Daniels, Alex (2019-10-01). "Can Philanthropy Save Democracy?". The Chronicle of Philanthropy. Retrieved 2023-06-20.
  26. ↑ Hugo, Kristin (2017-11-23). "Four Effective Ways to Help the Hungry". Newsweek. Retrieved 2023-06-20.
  27. ↑ Woolhouse, Megan (June 9, 2017). "Nonpolitical nonprofits vie for attention". BostonGlobe.com. Retrieved 2023-06-20.
  28. ↑ "S2 E20 What is the True Impact of Humanitarian Aid?". BYU Radio. Retrieved 2023-06-20.
  29. ↑ Stengel, Geri. "How To Put Your Money Where Your Feminism Is". Forbes. Retrieved 2023-06-20.
  30. ↑ Kavate, Michael (2020-06-02). "How Philanthropy Can Adapt During a Disaster—and Be Ready for What's Next". Inside Philanthropy. Retrieved 2023-06-20.
  31. ↑ Rosqueta, Katherina. "How to make your end-of-year donations have impact all year long". inquirer.com. Retrieved 2023-06-20.
  32. ↑ "Some Philanthropists Are Supporting Mental Health Causes. More Should Follow The Lead". Forbes India. Retrieved 2023-06-20.
  33. ↑ Hassenfeld, Elie (2009-03-04). "The Center for High Impact Philanthropy". GiveWell. Retrieved 2012-12-05.
  34. ↑ Karnofsky, Holden (2009-12-28). "UPenn Center for High-Impact Philanthropy". GiveWell. Retrieved 2012-12-05.
  35. ↑ "Giving 'til it works: Perspective from Penn's Center for High Impact Philanthropy". WHYY. Retrieved 2023-08-16.
  36. ↑ "News & Events". Center for High Impact Philanthropy - University of Pennsylvania. Retrieved 2023-06-20.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.