A deeper look at the news, innovations, and shifts in philanthropy, funding, and giving, from the Future of Good editorial team.
Canadian philanthropy is under scrutiny post-pandemic. Calls to raise the disbursement quota, change philanthropic practices in order to shift power dynamics, and more promise to change the landscape of the sector in the coming years.
As one of Canada’s Big Five banks, CIBC could play a significant role in funding charities who work on poverty reduction across Canada.
Grassroots groups and community-led organizations receive miniscule percentages of Canadian philanthropic dollars. Many in the philanthropic and charitable sectors want to change that — but the question of how remains.
Without the resources to become qualified, grassroots organizations can miss out on a lot of funding opportunities that could advance their missions. When foundations do find ways to support these groups, their impact in the community can fuel meaningful and lasting change.
With a background in the technology sector, tech investors could help to scale social impact solutions quickly, and offer new ideas and tools to transform social impact organisations. In turn, however, long standing social impact investors have a thing or two to teach tech in achieving meaningful impact. This could transform the social impact sector.
Many charities are facing a COVID-19 drop in donations and an increase in service needs from their communities. While many feel able to survive the next six months, their long-term future is more uncertain, posing a risk for communities who rely on their services.
