Creating Philanthropic Capital Markets: The Deliberate Evolution

''Lucy Bernholz is one of the leading thinkers on the present and future course of philanthropy. Her writings are always a step ahead of the rest, and this book is no exception. Her thoughts and analysis on the philanthropic sector, where it is headed, and what is required from leaders like us, are both timely and visionary. She urges us to reimagine ourselves as an industry and identifies the practical steps we can take as donors and foundations to build philanthropic capital markets that will help us achieve our social missions.''–Alexa Cortes Culwell, CEO, Charles and Helen Schwab Foundation''Now that all the philanthropic hype of the late ’90s has died down, what are the true, key trends for the future? What really matters? Bernholz articulately identifies the vital issues we all must focus on if we are going to capitalize on those trends and optimize philanthropy’s future.''–Paul Shoemaker, Director, Social Venture Partners, Seattle''Lucy Bernholz combines the rigor of a trained scholar with the street smarts of an experienced practitioner. This combination makes her an indispensable guide to the philanthropic marketplace. Creating Philanthropic Capital Markets provides her most provocative theories and visions, and therefore is a must read for anyone who wants to understand, influence, or participate effectively in what she calls the new era of commercial charity.''–Katherine Fulton, Partner, Global Business Network and the Monitor Group''Business success relies on networks–why would philanthropy be any different? Lucy Bernholz has charted how families and individuals are building ‘giving portfolios’ by using multiple products and services within the philanthropic sector. She also challenges the philanthropic service sector to evolve to best serve these donors and communities. For people just getting started in giving–and for those already involved–this analysis provides practical insights into how to get the greatest results from their philanthropy.''–Jeff Shields, Vice President, U.S. Trust Company''Lucy Bernholz’s newest book is a lively and engaging exploration of the dynamic new philanthropy industry in America. It functions as a kind of ‘charitable GPS’, guiding the reader across the fascinating, varied, and shifting terrain of twenty-first-century charitable giving. But, more importantly, it offers a well-conceived blueprint of new ways that private charitable resources can and should be better leveraged for greater effectiveness and impact in the public benefit sector.''–Peter Hero, President, Community Foundation Silicon Valley