The world of charitable foundations, big and small
No matter whether we’re talking about charities that provide funding for external projects or run them themselves, lots of charitable organisations take a very focused approach to their work. They pick up a great deal of knowledge and experience in their specific area, namely, relating to their charity’s purpose. There is a tried-and-tested way to ensure that this knowledge and expertise isn’t left isolated, or even kept hidden: collaborations.
Charities providing external funding generally enter into partnerships or seek out project-based collaboration with the intention of making more cash available for the project receiving funding – and that is a good thing. Why? Because it lets them implement projects that wouldn’t otherwise come to bear. But when we’re talking about collaborations, money isn’t the only factor to bear in mind: bringing together different specialisms, views and experiences is just as important, and this is particularly beneficial if these substantive discussions take place between funders and project owners, or with stakeholders outside the sector. As a result, it is wonderful to see that increasing numbers of charities are working closely with the state and the private sector on the content of their projects themselves. Cultural projects, for example, can derive enormous benefit from this.
In addition, collaborations also boost the diversity of the charitable sector in ways both large and small, which is also a major plus here. That is why this magazine is brimming with impactful partnerships and people who are committed to their work. Let it inspire you!
Dr. Peter Buss
Managing director and publisher Philanthropy Services AG