Funders Meet Funders
Peter Brach, Founder at Propel Philanthropy, has established a diverse funder-to-funder group which meets on a quarterly basis. We are delighted to share that representatives from the Gates, Hilton, Ford, eBay, and Flora Family foundations have attended meetings. We have also enjoyed attendance from private funders and foundations with endowments from small to large.
Peter began this group with a conviction that we could achieve exponential progress by investing in broad, cross-cutting solutions. For example, trillions of dollars will change hands by the decade’s end. We certainly have the potential to better prepare for this unprecedented watershed. Today, only 2% of the global financial market is invested in advancing social impact. We have enough resources among us to at least double those numbers to 2.3 trillion dollars by the end of the decade. We can work alongside many more governments. We can significantly improve our capacity to identify and scale best-of-class innovations. These are a few of many examples that could move us from addressing just one or a few to all 17 Sustainable Development Goals. We invite you to read our piece, Imagine The Possibilities and generate ideas yourself. Collective thinking is crucial to our group’s success!
We must bring many more funders into our conversations. Doing so will open new doors and resources. Building a strong collective will help us achieve exponential progress by leveraging the full potential of broad, cross-cutting solutions. All funders, large or small, private or institutional with a self-directed endowment are warmly invited to join our group.