Leverage: Just Another Fancy Word?
The president of a foundation in Europe recently shared with me a conversation she had about “strategic philanthropy” where she questioned whether the concept was anything more than the affirmation of common sense dressed in fancy words. The same may turn out to be the case for the notion of “leverage”— a term that I hear increasingly to describe how foundations can achieve the greatest social change. Be that as it may, if we can find ways to increase the impact of philanthropic resources, it merits discussion.
Read Michael Feigelson’s blog on Stanford Social Innovation Review.