Introduction

1. Introduction We have to share with our people. Suffering today is because people are hoarding, not giving, not sharing. - Mother Teresa

2. Goals for class • To become organized and engaged in your giving and how to work to achieve your highest aspirations. • To help you move from “obligatory giving” to “inspired giving”. • To aim to turn your limited time into more effective uses of your money and influence. • To lead you through the steps that align your giving with your dreams of a better world.

3. Welcome to Philanthropy • You are not alone! Instead, you are on the same path with many others who are dedicated to a stronger and more caring world.

4. Obligatory giving vs. inspired giving • Obligatory giving stems from honored obligations. • Inspired giving is a combination of passionate and strategic or transformative giving with a timeline of more than one lifetime.

5. The Inspired Philanthropy Paradigm • See Figure 1.1 • The Inspired Philanthropy Paradigm – page 2

6. What is an Inspired Giving Plan • Creating and using a giving plan will give you’re a sense of control, purpose, and direction and will inspire you to become more proactive in organizing, managing, and taking charge of your financial life. A thoughtfully developed and conscientiously implemented giving plan will tell you where yoru philanthropic hours and dollars are going. • Your giving plan will be an active ally in supporting issues that are important to you by reflections of your personal priorities and dreams to create a better world.

7. What is an Inspired Giving Plan? • An inspired giving plan has a time horizon of more than one lifetime. Such a plan includes within it a prudent estate and financial paln for the giver and the giver’s family. An inspired plan is: passionate, prudent, heartfelt, and effective The goals set for self, family, and society are systematically advanced. With an inspired plan, a person or family comes into their own as a force for the good, establishing traditions that will last many lifetimes. • Inspired Philanthropy aims to turn your limited time into more effective uses of your money and influence.

8. Philanthropy- From Traditional to Transformative • Family tradition, a sense of obligation, an expression of faith, a drive to “pay it forward”, or a feeling of abundance are some reasons why people give.

9. Traditional Philanthropy • Traditional philanthropy is based on responding to, treating, and managing the consequences of life in the existing social order as it is. • Traditional philanthropy’s strongest asset is the ability to respond to crises. • It is also good at social maintenance giving that maintains and improves society. • i.e. supporting and establishing institutions- educational, religious, social, and cultural

10. Transformational Philanthropy • Transformational philanthropy analyzes and responds more to cause and effect, seeking answers to questions partaining to societal change. • Societal change: actions that seek to address the root causes of disadvantages or the practices that threaten values such as equitable living for all or a healthy planet.

11. Transformational Philanthropy cont. • Strives to fund solutions that are proactive rather than reactive, work that speaks to the underlying causes of people’s distresses. • During a time of social, cultural, and economic change, it is important that philanthropy, grows each of us to better support the crucial issues of our time.

12. Course of American Giving • Beginning in the 1960’s, social and economic justice movements worked for the rights of those ignored. • Civil rights movements, student power, women’s rights, and the rights of immigrants • These movements helped spread power beyond the weathy elite and focused on a more democratic decision-making structure.

13. Course of American Giving cont. • Global communication via Internet and growth of the world economy, has expanded community and mobility and brought more attention to the links between the causes and effects of our actions.

14. Course of American Giving cont • Alternative avenues for funding that would support groups seeking more fundemental social change have been developed by individuals who have inherited wealth in the second half of the 20th century.

15. Course of American Giving cont • Democratization of philanthropy has created many vehicles for giving. • Community-based foundations, giving circles, neighborhood funding, and Internet • 91% of Americans give to charities during their lifetime.

16. 10 Steps to More Inspired Philanthropy 1. Begin with your values and passions. 2. Identify the mission, intention, or desired outcomes of your giving. 3. Think about your immediate and lifetime giving. 4. Learn more about the areas you care about and refine your priorities. 5. Research which groups match your mission and learn more about them.

17. 10 Steps to More Inspired Philanthropy 6. Decide what percentage of your giving you want to direct to each area and what types of strategies you want to fund. 7. Consider how you want to make your giving decisions. 8. Decide how you want to be involved with groups you fund and what skills you need to learn to multiply your impact.

18. 10 Steps to More Inspired Philanthropy 9. Consider your lifetime contributions and leadership through legacy planning. 10. Join with others to consider meta-level issues, such as global warming or economic development, education, electoral reform, or health care.

19. 12 Elements of Inspired Planning • See page 15 in Gary’s book