Philanthropy’s Revolution

Over the last decade or so, philanthropy has become a bit of a buzzword. Passing mentions of “philanthropy” elicit images of the ultra-wealthy writing big checks to even bigger foundations. But when you look at the roots of philanthropy, that is, what it really sets out to accomplish, you are often left scratching your head. If a young person wants to make a life out of helping others, how do you explain they must relentlessly pursue capital for years before that noble vision can become reality?

But that mode of thinking (and giving) may be on it’s way out. A recent post in the Nonprofit Quarterly holds up as an example several companies, such as Tom’s, which actively engage their consumer base in philanthropic endeavors.

More importantly, though, it examines a cool nonprofit initiative in which children decide who are to be the recipients of funding. They also decide how the money will be allocated.

What do you think? Are the kids alright? Or is philanthropy best left to those with big wallets and a larger worldview?