Society
Philanthropy
The racial reckoning of 2020 called for new models of philanthropy, but four years later there is strong political and social opposition to philanthropic investment in equitable systems. Corporate and nonprofit leaders address the role of philanthropy in advancing social progress.
Here’s a radical proposal: Make access to the arts free for everyone. Leaders on a mission to bring Americans into art spaces discuss the transformative power of the arts, and how to give everyone the chance to be transformed.
Today’s global challenges call for innovation, and that’s as true in philanthropy and investing as any other sector. Explore how strategic thinkers — leaders of the Gates Foundation, McGovern Foundation, TPG Rise Funds and Giving Tuesday — are testing new ideas, measuring outcomes and placing their bets.
The healthcare investments venture capitalists make often signal where the entire medical enterprise is headed. Their resources are not unlimited, so decisions about where they place their bets are painstakingly considered. Often, they fund cutting-edge technology, such as gene editing and AI, that will transform the practice of medicine. Sometimes, they favor entrepreneur...
Philosophical and religious teachings regarding wealth can feel both archaic and strangely relevant to our age of economic upheaval. How can we reconcile these ideas about wealth — such as renunciation and warnings against attachment — with today’s urgent questions around inequality, the shrinking middle class, and the proper role of philanthropy in a good society?
As members of the Giving Pledge, Melanie and Richard Lundquist have given more than $400 million over the past decade to critical causes ranging from educational opportunity to health care access to climate change mitigation. What drives a modern philanthropist to do what they do, what models of giving work best, and where are the opportunities for private dollars to make...
Over a century ago, Andrew Carnegie wrote the “Gospel of Wealth,” challenging his wealthy peers to be generous with their largesse. Today, in his new book, Ford Foundation president Darren Walker writes that inequality far surpasses that which Carnegie witnessed, and argues that the widening chasm between haves and have-nots demands a new approach to philanthropy.
Foundations and individual philanthropists are often criticized for the positions they take on politically fraught, hot-button issues. As policy and cultural issues become increasingly politicized, philanthropic actors may sometimes be seen as well-resourced partisans, taking advantage of their tax-exempt status to tip the scales in favor of their particular views. While t...
Constrained neither by the private sector’s quest for profit nor the political structure of government, foundations have tremendous leeway to pioneer ideas, pilot novel strategies, and pivot to meet unanticipated needs. Philanthropic funds can influence the health agenda by informing policy, advancing cutting-edge research, contributing to thriving communities, supporting...
The world’s biggest banks and investors have pledged $150 trillion in assets to tackle climate change. But are these commitments actually getting us closer to net zero, considering that many of those making pledges are still profiting from fossil fuels? We know that climate change will require transformation at a scale never seen before; can the financial system propel us...
The Aspen Challenge presents teams of high school students from New Orleans and Miami who have developed innovative solutions to issues that have impacted their communities. See these young changemakers take to the stage to prove that entrepreneurial community solutions can be created at any age. Learn how Benjamin Franklin High School at the Katherine Johnson Campus is ta...
For over a decade, Ascend at the Aspen Institute has lifted up parents’ voices and experiences to inform bold solutions for economic mobility in the United States. How does lived expertise influence the way programs and policies are created? What can we learn from a new wave of philanthropic efforts to invest in communities and their parent leaders? Four dynamic leaders sh...
Philanthropy has long played a critical role in America, filling in where government has left gaps. But by nature, philanthropy has often served the status quo, rather than addressing problems at their roots. As deep inequality and injustice persist, what will it take for philanthropy to help catalyze more fundamental and lasting systems change? As distrust in institutions...
Most people now agree that climate change is real and that humans are causing it. But that’s where the consensus stops. Political pollster and strategist Frank Luntz, known for pioneering political focus groups, believes there is a better way to reach more people, more effectively in order to mobilize real action on climate change. In this highly interactive talk, he’ll sh...
As the world watches refugee families stream out of Ukraine, there is a renewed urgency to meet the needs of children caught in conflict zones — not just the basics of food and shelter, but also their emotional needs as they experience displacement and worse. How do we provide them the tools to cope with their circumstances? What initiatives are helping to mitigate the tra...
From San Antonio to Boston, Los Angeles to Cincinnati, and thousands of communities between, the power of place is about unearthing collective purpose and capital — and how the Aspen Institute helps build that capital. Hear from visionaries who zero in on historical traumas to rebuild trust and a sense of community, from an expert tapping new sources of capital to fuel ent...
In 2016, TPG launched The Rise Fund, the world’s largest global impact-investing platform that invests in companies delivering meaningful social and environmental impact alongside strong business performance. Since then, the Rise platform has grown to over $5 billion in assets under management, launched a substantial climate-investing effort called TPG Rise Climate, and ba...
Worried about the health of our democracy? There’s a bright light. Nation-wide the social sector is expanding to include NGOs led by a new generation, entrepreneurs building companies that offer a social return, networks of change-makers who share a profession or passion, and philanthropies taking many new forms. Together they’re tackling hard problems at the community and...
When, how much, and to whom people give is influenced by laws governing everything from the creation of foundations and nonprofits to generous tax exemptions for donations of money and property. Rob Reich, author of Just Giving, asks what attitudes and what policies should democracies have concerning individuals who give money away for public purposes? He posits that diffe...
Last month the University of Chicago started the first School of Molecular Engineering in the United States. If the university world had the equivalent of a venture backed unicorn, this might well be the role model. Starting with an idea, Bob Zimmer worked with his faculty to conceptualize an effort around designing and building from the molecular level up. Starting at...