Even with a significant budget, your resources are not unlimited. Thus, a strategic approach to allocating them can make all the difference.
PHILANTHROPY – UNDERSTANDING THE VALUE OF TIME AND PEOPLE
The value of €1 today will not be its value five years from now. So, when, how, and to whom you give can change outcomes for social justice, tackling the climate crisis, and your community.
A key question to answer is whether you want committed money to enable long-term funding or to be spent down. The endowment model was designed to provide foundations with perpetual funding; a large sum is set aside for investment, and the returns finance operations. However, the urgency of crises such as climate change has led to an increase in spend-down philanthropy, the notion that the value
