initiative
Alice Jacobs pioneered the concept of Innovation Philanthropy, a groundbreaking approach that bridges traditional charitable giving with innovative problem-solving.
What began as a framework to refine her personal giving strategy evolved into a vision for transforming the entire non-profit landscape.
Through the Innovation Philanthropy Initiative, Jacobs aims to catalyze a fundamental shift in how society approaches charitable work by emphasizing creative, sustainable solutions that drive lasting social change.
Opportunity
The following is a framework for what it means to be an Innovation Philanthropist.
Financial Support
Provide unrestricted funds:
- Strong operational support
- Time for strategic planning
- Investment in creative & innovative thinking
- Room for generative thinking
Investing Your Time
Offer consistent, high-quality support:
- Commit to regular engagement
- Share professional skills and expertise
- Share your networks
Grants
Adopt a trust-based approach:
- Allow for a flexible approach to assessing impact
- Streamline reporting structures to reduce administrative burden and increase efficiency
- Be open and encouraging to risk-taking
Board Leadership
Foster shared governance:
- Promote collaborative decision-making processes
- Foster a creative, inclusive culture
- Build a creative culture and set expectations for change
Partnerships
Explore innovative collaborations:
- Explore cross sector relationships
- Leverage complementary strengths
- Create mutual value and impact
Build Support
Harness collective support:
- Develop strategies for unique connections to expand broader donor base
- Create conversations and seek others with shared vision
- Demonstrate widespread backing for the cause