IMPACT-DRIVEN PHILANTHROPY COLLABORATIVE
Philanthropy is a powerful force for social change, and individual donors direct the overwhelming majority of dollars given away each year in our country. Yet for all donors, there is always an opportunity to refine, learn, and transform how we give in order to support even greater results. Knowing this, the Impact-Driven Philanthropy Collaborative (IDPC) promotes thoughtful and intentional giving practices, by convening representatives from the donor support ecosystem to strengthen the overall field. The Collaborative’s efforts focus on influencing donors in the top 5 percent of wealth holders, where giving has become increasingly concentrated. Though participation in giving is strong in this segment, the ways people are giving are not yet resulting in meaningful change on issues and in communities.
Supported by Raikes Foundation staff and others, this collaborative brings together key stakeholders in the ecosystem of donor support to think together how we might influence more giving towards more impact. We believe transformative and inclusive impact comes when donors focus on equity, systems change and effectiveness. Members come together to share, learn and collaborate and have identified opportunities for collective action that would support the full ecosystem.
Stakeholders with voices in the collaborative include funders, donor education providers, donor organizers, researchers/academics who study donor behavior, consultants/advisors, philanthropy staff in private banks, public charities and intermediaries, and others. The Collaborative convenes as a full group bi-annually for 1-2 days, with some work happening between meetings.
Emerging from a vision launched by Jeff and Tricia Raikes in 2015, the IDPC started as a small group of funders held together by the shared belief that, while there is no one-size-fits-all model for social change, there are broad reaching, guiding principles than can lead to more impactful giving. As the Collaborative expanded to include more stakeholders and diverse voices, the values of the collaborative took shape in the form of a dynamic set of Principles and Practices that reflect how we hope more donors will give and also ground us as a group.
This multi-stakeholder collaborative shares ambitions to influence donors to give more, give smarter and address systemic inequities. Through a joint visioning process, members identified five potential levers to influence change:
- Market segmentation: Working together to access and build better data on donors, where they are and how to reach them.
- On Ramp: Collective action to better prepare wealth advisors, family office staff, attorneys, accountants and others to make more efficient and effective matches for their clients with the donor support ecosystem.
- Drawbridge: Working to build backbone infrastructure and connective tissue across the donor support ecosystem.
- Peer Influencer: A collective campaign to build and leverage a diverse cohort of donors who represent varying faces, archetypes and stages in the donor journey as peer influencers and role models who can draw others in to the donor support ecosystem.
- Infrastructure Reset: Influencing other, existing infrastructure organizations that currently serve philanthropy to increase their awareness of, and attention to the unique needs of individual donors (vs. philanthropy staff).
Influencing donor behavior is an ambitious quest. Joining forces with others allows us to achieve greater impact than we could on our own—forming crucial partnerships to strengthen the donor support ecosystem, making it more visible, stronger, and more accessible to donors, with the goal of influencing more donors to give in ways more likely to make a difference.
Current IDPC Member Organizations:
The Bill & Melinda Gates Foundation
Donors of Color Network
Evelyn and Walter Haas Jr. Fund
Community National Center for Family Philanthropy
Planet Heritage Foundation
Rockefeller Philanthropy Advisors
Social Venture Partners International
Stanford PACS Effective Philanthropy Learning Initiative
Silicon Valley Community Foundation
The Philanthropy Workshop