{"product_id":"9783030788643","title":"Solving the Giving Pledge Bottleneck","description":"\u003cp\u003eThis book highlights the historic inflection point we are in both in terms of philanthropy in general and in financing solutions to our largest and most urgent social and environmental problems. It covers the two movements that have recently had a dramatic influence on capitalism. First, wealthy millennials started pressuring their bankers to invest their family portfolios in companies with high social and environmental impact (ESG ratings), triggering a wave where the wealth management industry, and now all public companies, have changed to adapt to the demand for good. Second, The Giving Pledge triggered another wave changing what success and the accumulation of wealth means. It has also begun to redefine the goal of capitalism. The Giving Pledge has inspired more than 200 billionaires to pledge to give half or more of their wealth away. \u003c\/p\u003e\u003cp\u003eThis book also focuses on the bottleneck problem that The Giving Pledge has created, as it is very hard to give large amounts away with measurable impact to nonprofits lacking detailed long-term plans. Nonprofits have never had the luxury of resources to invest in all the planning, management training and systems needed to grow. Thus taking in large gifts is very difficult, and almost impossible to justify. Large gifts can always be used for capital campaigns and to fund endowments, yet The Giving Pledge signers are looking for large visible impact in many cases. The result is a bottleneck which has grown as more billionaires pledge their funds away their wealth continues to skyrocket and giving rates stay minuscule in comparison. \u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003eFinally this book covers the emergence of large giving vehicles, modelled after the private equity industry with sophisticated third-party managers focused on deploying funds and supporting management teams. It covers greatly scaling nonprofits (“Big Bets”) as well as investing large philanthropy through for-profits as Program Related Investments (PRI) at scale. Of interest specifically to nonprofits, foundations, wealth managers, and the wealthy they serve, yet also to investors and corporate CEOs as they begin to access these large pools for philanthropic capital to increase their impact. This book provides a step by step guide of how we can use these approaches to actually solve the social and environmental challenges that have been seemingly hopeless. \u003c\/p\u003e\u003cbr\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003ePublication Year: \u003c\/strong\u003e2021\u003cbr\u003e\u003cstrong\u003eImprint: \u003c\/strong\u003eSpringer International Publishing\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003c\/p\u003e","brand":"Sean Davis","offers":[{"title":"Default Title","offer_id":41241708822706,"sku":"9783030788643","price":730067.16,"currency_code":"IDR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0502\/5382\/4178\/products\/3030788644.01_SCLZZZZZZZ.jpg?v=1635514012","url":"https:\/\/readabook.store\/en-id\/products\/9783030788643","provider":"READABOOK BY ALKEM","version":"1.0","type":"link"}