The Center is pleased to announce that the Japanese translation of Director Lester Salamon’s recent book, Leverage for Good: An Introduction to the New Frontiers of Philanthropy and Social Investing (Oxford University Press, 2014), is now available from Minerva Publishing! The Center is grateful to 2012-2013 International Fellow in Philanthropy Tatsusaki Kobayashi for his assistance and persistence in facilitating this translation and for his key recognition of the importance that the developments outlined in this book hold for the future of the philanthropic sector in Japan. You can learn more about Leverage for Good and its companion volume, The New Frontiers of Philanthropy: A Guide to the New Tools and New Actors Reshaping Global Philanthropy and Social Investing (Oxford University Press, 2014), here. Both volumes are also available for purchase in English in hard copy and e-book editions at Amazon and directly from Oxford University Press. TABLE OF CONTENTS Leverage for Good: An Introduction to the New Frontiers of Philanthropy and Social Investing Introduction: The Revolution on the Frontiers of Philanthropy Scouting Philanthropy’s New Frontier I: The New Actors Scouting Philanthropy’s New Frontier II: The New Tools Why Now? Remaining Obstacles Prescription: The Way...
Continue readingA Brave New World of Social Purpose Finance
This is the title of a new article in the November/December 2014 issue of The World Financial Review in which Center Director Dr. Lester Salamon examines the remarkable changes taking place in social purpose finance today. Below is a brief excerpt from the article. Please click here to download the full article. Excerpted from the November-December 2014 issue of The World Financial Review: On September 28, 2011, Microfinance Africa, a newsletter serving the microfinance industry on the African continent, reported news of an important, if unusual, development designed to help East Africa cope with the region’s food shortage and resulting skyrocketing food prices. An unexpected consortium had come together to channel $25 million to a series of small and medium-sized East African agricultural enterprises whose businesses could help link the region’s small-holder farmers to improved production and marketing opportunities. Although the US Agency for International Development (USAID) was a party to this consortium, this was not your normal top-down, government funded, development project. Rather, USAID had teamed up with three foundations (the UK-based Gatsby Charitable Foundation, and the US-based Rockefeller and Gates foundations), a major US investment firm (J.P. Morgan Social Finance), and Pearl Capital Partners –...
Continue readingBlog post series by William Burckart highlights “New Frontiers of Philanthropy”
New Frontiers of Philanthropy (Oxford University Press, 2014), an omnibus text examining the innovations taking place in the philanthropic field edited by Center Director Lester Salamon, is discussed in a new series of blog posts by New Frontiers contributing author William Burckart on the Next Billion financial innovation blog. Importantly, this series not only highlights the content of the book; it endeavors to put the book into context with up-to-the-minute trends, ongoing discussions, and emerging challenges in the sector – highlighting the ways this book can become a valuable tool in addressing those challenges, and bringing greater clarity to the field in myriad ways. Please be sure to check out all three of these posts and join the conversation in the comments or on Twitter! Post 1 | Rational Exuberance The momentum in impact investing is real – but so is the need for clarity about the changes (and challenges) underway Post 2 | Blurring the Boundaries How impact investing is shifting paradigms in the public, philanthropic, and nonprofit sectors Post 3 | Curbing the “Impact Impostors” The growing movement toward transparency in impact investing About William Burckart: William Burckart is an...
Continue readingNEWS RELEASE | A “win-win” solution for transforming the philanthropic landscape of the world
FOR IMMEDIATE RELEASE With the resources and capabilities of governments and private charity barely growing or in decline around the world, yet the problems of poverty, ill-health, and environmental degradation ballooning daily, it is increasingly clear that new energies, and new resources, are urgently needed to address the world’s pressing social and environmental challenges. Now a new book, Philanthropication thru Privatization: Building Permanent Endowments for the Common Good by Dr. Lester Salamon of the Johns Hopkins University and the East-West Management Institute, offers a novel solution to this increasingly urgent problem: capture all or a portion of the enormous privatization transactions under way around the world for autonomous charitable endowments serving the social and economic needs of citizens. Far from an abstract idea, philanthropication thru privatization, or PtP, turns out to be a proven and effective approach for creating or enlarging charitable assets. But it has yet to be recognized as such: until now. About Philanthropication thru Privatization In this book, Salamon provides a first conceptualization of the PtP concept and then, working with an international team, documents over 500 foundations around the world that already embody it, including some of the largest and most...
Continue readingNEWS RELEASE | Two new books from Lester Salamon explore the revolution under way on the frontiers of philanthropy and social investment
Oxford University Press and Lester Salamon Announce Two New Books: NEW FRONTIERS OF PHILANTHROPY and LEVERAGE FOR GOOD FOR IMMEDIATE RELEASE Contact: Chelsea Newhouse With the resources of both governments and traditional philanthropy barely growing or in decline while the problems of poverty, ill-health and environmental degradation continue to balloon, it has become increasingly clear that new models for financing and promoting social and environmental objectives are urgently needed. Fortunately, according to Johns Hopkins University Professor Dr. Lester Salamon, a significant revolution appears to be underway on the frontiers of philanthropy and social investing that is providing a potentially crucial part of the response to this predicament. Mapping a significant revolution in social-purpose finance In New Frontiers of Philanthropy: A Guide to the New Tools and New Actors that Are Reshaping Global Philanthropy and Social Investing, published by Oxford University Press, and Leverage for Good: An Introduction to the New Frontiers of Philanthropy, a companion volume that carries just the Introduction to this larger volume, Salamon, a well-known pioneer in the study of the global nonprofit sector and philanthropy, has mobilized an extraordinary team of experts to produce the most comprehensive and authoritative guide available to...
Continue readingMeet Tatsuaki Kobayasi, 2012-2013 International Philanthropy Fellow
The Johns Hopkins International Fellows in Philanthropy Program is a highly-selective program that welcomes one or two researchers from outside the U.S. to spend one or more semesters at our Center to conduct independent research on an aspect of the U.S. nonprofit, philanthropic, and voluntary sector. Since its inception in 1988, this program has included over 150 Fellows from more than 50 countries. We are pleased to introduce you to the newest member of our Fellows family, Mr. Tatsuaki Kobashi. TK joined the Fellows Program in the Fall of 2012 and spent three semesters researching topics relating to the New Frontiers of Philanthropy Project. Below, we asked him a few questions about his research and background. ____________________________ What is your background? Tatsuaki Kobayashi (TK): I am from Japan. I worked at the Japan Foundation for more than 20 years, so my background is mostly in grant-making and grant-management, not academia. My main interests are a) the development of global philanthropy; b) innovations in grant-making approaches including social impact investments and other newly developed tools; and c) NPO management focusing on strategic planning and evaluation. Why did you decide to apply to the Fellows Program? TK:...
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