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Accelerating our Impact: Philanthropy, Innovation and Social Change

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“The possible’s slow fuse is lit<br />

by the Imagination”<br />

Emily Dickinson<br />

In today’s complex world we face both peril <strong>and</strong> possibility. With grave social <strong>and</strong><br />

environmental challenges to <strong>our</strong> collective future, a growing number of social<br />

innovators <strong>and</strong> their supporters are taking bold action. They are becoming intentional<br />

about shifting structures, cultures <strong>and</strong> institutions.<br />

Such practices are not yet wide-spread. For years, many funders have been supporting<br />

diverse social innovations 1 <strong>and</strong> experimenting with approaches to “scaled-up” grantmaking.<br />

But <strong>our</strong> efforts have often been too narrow or short-term <strong>and</strong> the results<br />

uneven. Wisdom <strong>and</strong> experience now suggest that we need a clear vision, firm commitment,<br />

<strong>and</strong> persistence to remove the barriers to enduring social change.<br />

The purpose of this paper is to contribute to an emerging body of knowledge <strong>and</strong><br />

reflective practice on the role of funders in supporting innovation <strong>and</strong> social change.<br />

Our goals are to:<br />

• Enc<strong>our</strong>age funders of all sizes to accelerate their impact;<br />

• Provide practical insights <strong>and</strong> examples of some of the opportunities<br />

<strong>and</strong> pitfalls of funding for durable social change;<br />

• Refine <strong>our</strong> own foundation’s performance through feedback<br />

<strong>and</strong> engagement with <strong>our</strong> readers <strong>and</strong> fellow grantmakers.<br />

1 By social innovation we mean both new things that work <strong>and</strong> existing knowledge applied in new ways to<br />

solve social problems. The examples cited throughout this paper are current or recent Foundation grantees,<br />

partners or initiatives.<br />

7

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