Back to the future
Scrolling through the archives of this blog - which has been live since July 2002 - I found this post:
Tuesday, July 09, 2002
Philanthropy and new capital markets
The attached book outline is a work in progress, focused on how the disparate elements of the philanthropic resource pool - from foundations to individuals - could work together in more effective ways. The roles of knowledge sharing, network building, new infrastructure, and new mechanisms are all discussed. The possibility for deliberately evolving the philanthropic financial markets is emphasized. A new vision of coordinated philanthropic markets is presented for comment and disagreement. It may not be perfect, but it is a viable alternative to the current system and one that stands to better use the trillions of new dollars anticipated in the sector over the next decades.
Five years of blogging. At least two things happened - the book outline referred to above got published in 2004. And, second, the idea of philanthropic capital markets is now pretty well established - even Bill Clinton refers to the "under-organized" markets for charitable giving in his 2007 book Giving. Maybe we are getting somewhere.