Many philanthropists don’t want to wait to see the results of the project they fund. This funnels money into projects with immediate, observable, measurable results.
Meanwhile, initiatives to scale up what is already working, or tackle complex problems that require cross-sector collaboration and longer timelines, often struggle to secure philanthropic support.
At Devex World, Cecilia Conrad, CEO of Lever for Change, and Rakesh Rajani, president of JustSystems, outlined how philanthropy can overcome its narrow focus on easily measurable outcomes and collaborate with others to tackle more systemic issues.