Philanthropy Now: Prizes, Purpose, People

Old school, check-writing philanthropy seems outmoded in the face of challenge grants, Internet-based prizes and the new primacy of partnerships between the traditionally separate for-profit and nonprofit sectors. An entrepreneurial wave is sweeping through the world of fundraising, migrating toward a conception of "philanthropic investment." What are the most effective strategies to catalyze such a movement? How can philanthropic dollars work synergistically alongside government and corporate efforts to generate real and lasting change? What are the promises and pitfalls of the philanthropic prizes that go viral across the Web? Our panel will explore the many facets of next-wave philanthropy and discuss new models of innovation in the field.