Book Description
The Stanford PACS Guide to Effective Philanthropy is a new publication to help emerging philanthropists understand the essentials of improving their philanthropic practice in one easy-to-follow resource. Born out of the experience of the Stanford Center on Philanthropy and Civil Society, the Guide is designed specifically for individual donors interested in significant and sustained giving. The individuals picking up this Guide are likely at an inflection point-a moment where they realize they would like to be more purposeful with their charitable giving. These donors may have recently experienced a wealth event or may have accumulated wealth through their working years. They may have a history of responding to requests for donations from their alma mater, children's schools, religious institutions, or friends. They may have even volunteered their time to an organization or through board service. For anyone embarking on their funding journey, this Guide is critical.The Guide to Effective Philanthropy aims to help individual donors:Articulate their values, issue interests, and related causes;Involve their family in their philanthropy;Learn where and how to connect with others in the sector;Understand "giving vehicles" and basic funding strategies;Develop a "giving budget";Understand what methods nonprofits employ to achieve their goals;Learn how to evaluate a "theory of change"; Learn how to find effective organizations and conduct due diligence;Understand how to make a gift, as well as gracefully exit a gift relationship; and Understand essential concepts in "impact investing";
