With less than 10 years to reach global commitments to the SDG goals and with a recovery from a global pandemic to tackle, philanthropy is needed more than ever yet no one organization can change the existing status quo or achieve the scale of impact that is truly needed. This is where collaborative philanthropy can make a difference. Collaboration is an emerging trend in Asian philanthropy and with a growing and diversifying philanthropic environment, cross-sector, multi-stakeholder collaboration at scale is becoming a growing movement in Asia.
A collaborative approach necessitates that philanthropists and philanthropic organizations rally around a shared aim, which results in not only pooling resources to support integrated solutions to problems at scale. This enables philanthropic collaboratives to, through the sum of their parts, develop more effective solutions to address complex problems. AVPN is leading the way in Asia with 2 philanthropic funds that we have launched recently.
This session will explore the power of collaborative philanthropy through sharing how AVPN bought together this Philanthropic Pooled Fund – backed by a diverse group of funders. It illustrates how a pooled fund can be created with expediency to quickly and effectively scale and achieve solutions and outcomes for the long term, as is being demonstrated by our current pooled fund addressing issues with respect to healthcare delivery systems in SE Asia.
- Gained an understanding of how collaborative efforts can be utilised to maximise the impact of philanthropic capital
- Explored how the pooled funds can be leveraged as a tool for collaboration to achieve philanthropic goals as a family office
- Understood the process, metrics and performance measurement tools used to evaluate suitable partners for funding