Published: May 19, 2011 in India Knowledge@Wharton
One of the most pressing needs in philanthropy today is also the most perplexing — assessing the social impact of funds contributed. Simply put, how do you get the most good for your philanthropic buck? That is the million-dollar question the Center for High Impact Philanthropy at the University of Pennsylvania is seeking to address. “It is part of our DNA to constantly be thinking about the most effective and efficient use of funds,” says executive director Katherina Rosqueta. Founded by alumni in 2006, the Centre provides donors with evidence-based and actionable information on how their funds can be put to the most intelligent use. In an interview with India Knowledge@Wharton, Rosqueta talks about the importance of social impact analysis, new trends in philanthropy and different approaches to philanthropy across the world. Countries like India and China, she believes, are likely to leapfrog past the U.S. in enabling impact investing.
Read more of the edited interview transcript.