It’s Time for Grantmakers to Embrace Failure
Posted on October 5, 2016 by Katherine Lorenz
Philanthropy often encourages grantees to take risks, to be innovative, to find new solutions to old problems. Indeed, many refer to philanthropy as “risk capital,” providing funding that can help society create innovative, new models for addressing the world’s most intractable social issues. But risk and innovation often bring an uncomfortable consequence: failure… Read More