Goldman Sachs’ Lisa and Dina Powell McCoy, along with Margaret Anadu, discuss their collaborative philanthropic efforts, focusing on redefining philanthropy and creating scalable impact. They emphasize the importance of listening to and partnering with communities directly to address their specific needs and challenges, moving away from top-down approaches. They highlight the need for data-driven decision-making to measure the effectiveness of philanthropic initiatives and ensure resources are being directed to areas with the greatest potential for positive change.
The trio champions a “systems-level” approach, aiming to tackle root causes of problems rather than merely treating symptoms. This involves identifying and supporting organizations working on long-term solutions and advocating for policy changes that can create lasting impact. Their work spans various areas, including community development, affordable housing, education, and supporting women entrepreneurs.
They advocate for philanthropy to be more accessible and collaborative, encouraging individuals and organizations of all sizes to participate and contribute their unique skills and resources. Ultimately, they aim to inspire a new era of philanthropy focused on equity, sustainability, and measurable results, by promoting innovative funding models and collaborative partnerships to drive significant social change.
find the original article here: https://finance.yahoo.com/video/goldmans-pompey-redefining-philanthropys-roadmap-154204289.html
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