Helping Funders Act Boldly and Give Wisely
In 1989, Peter Karoff launched a social experiment to see if the idea of strategic philanthropy, when applied to a broader cohort of donors, could increase effectiveness and encourage greater generosity. The Philanthropic Initiative (TPI) was born, playing a lead role in the creation of the field of strategic philanthropy. In our view, strategic philanthropy is about articulating a vision and goals, and then determining the most effective ways in which philanthropic resources can support those goals. From the beginning, we have encouraged funders to engage a wide range of stakeholders, listen deeply to diverse perspectives, and work in close partnership with nonprofit leaders and others with shared goals.