Elsewhere online
January 02, 2015

Opinion: Weighing the Good of Charity vs. Impact Investing

Four philanthropic leaders address the question of whether social goals are better served by giving money to charity or investing in a socially responsible business in The New York Times' Room for Debate opinion feature.

Ford Foundation President Darren Walker and Sonal Shah, executive director of Georgetown University's Beeck Center for Social Impact & Innovation, write that both instruments have vital roles but that market-based solutions can be particularly effective in tackling broad issues such as job creation, education, and the environment. Ana Oliveira, president and CEO of the New York Women's Foundation, and Charity: Water founder Scott Harrison tout the emotional and community-building benefits of grants and donations built on individual relationships.