By Steven H. Goldberg
Compliment for BILLIONS OF DROPS in hundreds of thousands OF BUCKETS"Billions of Drops in thousands of Buckets presents a bracing and unique examine philan-thropy that gives a much-needed corrective to standard knowledge. Steve Goldberg combines a unravel to appreciate why lots philanthropy accomplishes so little enduring social switch with a well timed and severe inspiration to reinvigorate nonprofit capital markets in the course of the easiest of insights: getting extra of the money to the place it could actually do the main stable. This publication will swap how forward-looking philanthropists, foundations, and policymakers take into consideration the connection among charitable giving and the transformative potential of social entrepreneurs."—Jerr Boschee, founder and government Director, The Institute for Social marketers; traveling Professor of the perform in Social company, Carnegie Mellon University"Goldberg's arguments are logical subsequent steps within the quickly evolving dialogue of social capital markets. He deals bold proposals knowledgeable by means of the truth of present practices and fascinated about an plausible set of targets. He totally acknowledges the opportunity of restructuring that's inherent during this time of monetary problem. genuine switch depends on enormous principles, and Steve Goldberg deals us several."—Lucy Bernholz, writer of constructing Philanthropic Capital Markets: The planned Evolution"When I first heard approximately 'evidence-based medicine,' i assumed: 'you suggest it isn't?' learn this booklet and that is how you will consider approximately 'performance-based philanthropy.' Goldberg takes the very best present administration considering and applies it to social firm, illuminating either the encouraging successes of social marketers and the limitations they face. Even greater, he offers compelling rules for making the social quarter tremendously extra effective."—Christopher Meyer, leader government, computer screen Networks"Goldberg demands extra 'performance-driven philanthropy,' the place nonprofits are rewarded according to their effects, rather than the present disorder. it really is a big name and a worthy contribution to discussions approximately how you can enhance nonprofits within the U.S. and internationally."—Martin Brookes, leader government, New Philanthropy Capital"Billions of Drops... is a must-read romp via rising fields of social entrepre-neurship and nonprofit capital markets."—George Overholser, founder and handling Director, NFF Capital companions
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But 650,000 such families are formed in the United States every year. How could EMCF help NFP achieve the scale that would make a significant national impact? 4 billion. Implementing the plan would require an initial investment of $50 million in growth capital. Under the NFP plan, the percentage of families served would increase from 2% in 2007 to 15% in 2017, a nearly eightfold increase. 4 billion value of the social return produced would represent a 1,080% return on the $50 million co-invested by the Bill and Melinda Gates Foundation, the Robert Wood Johnson Foundation, the Kresge Foundation, the Picower Foundation, and NFP’s board of directors.