Endowments are the ultimate form of trust-based philanthropy because they transfer power in addition to assets. Donors have a track record of contributing to endowments for the arts, universities, and think tanks. But funding for social change organizations driving action and impact for a more just society generally takes the form of one-year grants with milestones and accountability requirements negotiated by the funder. This session will explore how endowing social change organizations can shift power and uplift equity. You’ll hear practical considerations from an organization raising a quasi-endowment and a funder championing this approach.
Endowing Social Change Organizations for Equity and Sustainability
Liz Diebold
July 13, 2022
Format
Other
Meta Themes
Power and Capital
Themes
Reimagine systems
Purpose and Desired Outcome
- Inspire funders and investors to “think differently”. For investors open to concessional deals, would they consider a repayable grant to an endowment? For funders who like projects and annual deliverables, would they consider sharing power by funding a social change org’s endowment? - Inspire social change leaders to “ask differently” and think about an endowment structure - either as a single org or in collaboration with others. Amplify PolicyLink’s capital campaign, inclusive of a quasi-endowment, as an example.
Audiences
Allocators (Family Offices, HNW Individuals, Foundations)
Intermediaries (Financial Advisers, Investment Bankers)
Entrepreneurs
Service Providers
Accelerators & Incubators
Speakers
- NameMichael McAfee
- TitlePresident and CEO
- OrganizationPolicyLink
- StatusConfirmed
- NameLiz Diebold
- TitleManaging Director
- OrganizationSkoll Foundation
- StatusConfirmed
