WELCOME TO VISION NEXT BASE CAMP!
Vision Next Learning Journey A city of informed, engaged philanthropists accelerating meaningful change for all.
Vision Next Learning Goals The New Philanthropy • Explore the collective and personal values that underpin effective and impactful charitable giving today. The Philanthropic Landscape • Get grounded in the issues facing the city that inform effective philanthropy and the organizations that are working on solutions. Granting 101 • Learn about Toronto Foundation’s approach to granting and how it can inform your own giving. New Models for Impact • Get informed about the emerging approaches to impact that go beyond granting. Toronto Foundation as your Philanthropic Partner • Optimize the services, resources, and opportunities at Toronto Foundation to inform, shape and direct your philanthropy.
Vision Next Guiding Principles • Interacting and Collaborating • Learning from Each Other • Building Relationships/Providing Networking Opportunities • Showcasing the Talent of Vision Next, and Other Experts • Visiting a Variety of Places and Spaces
Toronto Foundation Mission , Vision, Values… Mission: • To connect philanthropy to community needs and opportunities. Vision: • A city of informed, engaged philanthropists accelerating meaningful change for all. Values: • Brave, thoughtful action / Humility in our relationships / Public trust above all
…and Purpose • We aim to create a more fair and just society where everyone can thrive by mobilizing those with resources and the will to partner with others. THIS IS THE NEW PHILANTRHROPY It is focused on co-creating a society that fights exclusion and marginalization, creates a sense of wellbeing and belonging, and promotes trust.
The Giving Universe Community Foundations Government Private & Community Impact & Public Needs & Responsible Foundations Opportunities Investors Individual Corporate Donors Citizens
The New Philanthropy Informed Power Inclusive Collaborative by Learning Sharing
Focused on an Equity Framework
Why an Equity Framework?
Solutions from the Community Issaq Ahmed WHAT CAN PHILANTHROPISTS DO? “ There is a genuine opportunity for philanthropists to invest in underfunded and underserved communities in Toronto. I can only imagine how much residents’ lives would improve if they had options, instead of having no choice but to work with what they have.”
💢 Good Granting Practices! • Small-medium sized organizations play a key role in testing new approaches on-the- ground and providing vital support to their communities. Like any good investment strategy, diversify your giving to include these types of organizations. • Let community organizations lead your understanding of the most relevant solutions for those living in their communities. These organizations offer unique solutions that are tailored to meet the needs of their local communities. Impact is not synonymous with scaling a program or just supporting the newest “program of the day”. • Without secure funding, community organizations can’t staff and resource their programs adequately to run sustainably. Consider unrestricted giving or directly supporting administration costs. • If you have a good relationship with an organization consider giving a multi-year or lump sum gift so they can focus more resources on their programming. • While sometimes it’s great to be the first donor to support a project, there is also great value in collaborating or pooling your resources with others to extend impact.
Our Impact The vast majority of our impact comes from the $14.1M granted by our Fundholders … THAT’S YOU!
Recommend
More recommend