We Can All Be Philanthropists
According to the Greek Playwright, Aeschylus who coined the term philanthropy in the 5th century, Philanthropy simply means “love of humanity”. Today, we would go further to define philanthropy as the love of humanity that drives us to act; by giving monetary gifts, our time, skills, or voices to causes we care about. Philanthropy therefore […]
APF Member Spotlight: Aspire Coronation Trust Foundation
ACT Foundation commenced operations in early 2017 with the major objective to support nonprofit organizations across Africa through grantmaking as well as build a stronger social sector through capacity building. ACT Foundation has currently embarked on 2 grant cycles in 2017 and 2018 which has been hugely successful as the foundation partnered with about 47 […]
Press Release: APF Appoints New Board Member
Lagos, January 16, 2019 – The African Philanthropy Forum announces the appointment of Switin Munyantwali, to its Board of Directors. Swithin Munyantwali is the Vice Chairman and Co-Founder of the International Law Institute African Centre for Legal Excellence (ILI-ACLE), an affiliate of the International Law Institute, in Washington, DC. Since its establishment two decades ago, […]
Deciding How You Give: Differences between operating foundations and non-operating (grant-making foundations)
Are you creating an operating foundation, purely grant making, or a mix of both? Are you donating to new or existing organizations? Essentially, the question here is – who will you support? In Africa, most philanthropists tend to set up operating foundations. There are organizations that they create, fund, and execute their own programmes. Unfortunately, […]
Budgeting: Make The Most Of Your Charitable Giving
How a philanthropist decides on the amount to give through one of the options identified above would involve a number of considerations. At the heart of it lies the individual’s values; ultimately the philanthropists’ budget depends on the amount available and what the philanthropist thinks is an appropriate amount to give, and the answer to […]
Structuring Your Giving: 5 Things You Need To Know
There are many different options available to the philanthropist in terms of the vehicle or structure used for giving and the choice made will depend on a number of considerations. However, the key thing is to get proper tax and legal advice so that the tax obligations are clear and there is a shared understanding […]
12 Core Approaches To Effective Philanthropy
Style or approach to philanthropy There are many different ways to be a philanthropist and the style or approach to philanthropy is a very individual one. In recent years, the study and practice of philanthropy has grown rapidly and there is now a great deal of literature, and supporting professionals, which deal with various options. […]
What you should consider when creating an endowment
An endowment is seen as a powerful way to ensure long-term survival and sustainability of a non for profit organization ensuring a continuous, guaranteed source of income. An endowment is essentially a separate investment fund where only a portion of the earnings or interest from the invested capital is used to fund the non for […]
The Grant-making Process: What you need to know!
Making an individual grant to an organisation or charitable cause can be as simple or as complicated as the philanthropist desires. The philanthropists’ approach to philanthropy and the principles of giving that she wants to adopt (as discussed above) will influence the process of grant-making greatly. The process described below is for what could arguably […]
How to maximize your impact through raising additional philanthropic resources?
When Warren Buffet pledged to donate 83% of his wealth to The Bill and Melinda Gates Foundation in 2006, one could argue that the Gates’s had just pulled off perhaps the greatest fundraising ask in history. Yet there is little in the way of support for philanthropists, who wish to do the same and leverage […]
