How transparent philanthropy can liberate billions of dollars — and do more good

Individual Author(s) / Organizational Author
McPherson, Kevin
Wagh, Pooja
Kaufman, Peter B.
Ubois, Jeff
Publisher
The Chronicle of Philanthropy
Date
March 2024
Abstract / Description

In recent years, advocates have sought to address societal problems by making critical information more transparent. Social movements such as open education, open science, open access, and open-source software have led to advances that benefit much of humanity: more equitable access to educational resources; public services such as Wikipedia; and essential medical research, which contributed to the rapid development of a Covid-19 vaccine.
While much of this work has been championed and supported by the world’s leading philanthropies, relatively few have deployed open information approaches in their own work. Fortunately, that’s starting to change.
A nascent open-philanthropy movement aims to make charitable giving more transparent, accessible, and equitable for grantees. Its goal: to increase the impact of philanthropic giving and liberate the billions of dollars of philanthropic capital sitting in donor-advised funds and untapped endowments. (author introduction) #P4HEwebinarSeptember2024

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