The United Nations will take a major step towards a more holistic approach to achieving global prosperity when it agrees the Sustainable Development Goals (SDGs) at its summit in New York this month. The new set of SDGs will also impact the way philanthropy is carried out.
As things stand, philanthropic foundations are increasingly favouring impact investment to realise their missions and strategic goals.
Social entrepreneurship is seen as the most effective way to fix definable problems on the ground that can be tackled by implementing a series of actions. These actions might require significant research or imagination, and involve many agencies, but there is usually a specific objective and measures of success.
Read the full article online in the Alliance Magazine.