Last year, Mark Kramer of FSG Social Impact Advisors defined the term ‘catalytic philanthropy’ in a Stanford Social Innovation Review article. Mark wrote:
‘For most donors, philanthropy is about deciding which nonprofits to support and how much money to give them. These donors effectively delegate to nonprofits all responsibility for devising and implementing solutions to social problems. Despite the sincere dedication and best efforts of those who work in the nonprofit sector, there is little reason to assume that they have the ability to solve society’s large-scale problems.’
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