The Joseph Rowntree Foundation’s ‘New Frontiers’ event in London, on July 11, gathered over a thousand people as traditional norms of philanthropy were challenged.
Led by journalists Yuan Yang of the Financial Times and Hettie O’brien of the Guardian, the conference looked at a range of topics, sometimes deemed controversial in the sector, including philanthropy’s role in shaping responses to today’s crises, including colonial legacies and challenging philanthropic models deep-rooted in western capitalism.
CEO of Lankelly Chase Julian Corner, among a panel of speakers discussing the need to transition away from a top-down approach, confirmed the decision to redistribute all its assets and close within a five-year timeframe. His decision drew applause from host Indy Johar, architect and co-founder of Dark Matter Labs, and the audience.
Anna Birney, Director of the Forum for the Future’s School of System Change, hosted a panel looking at the idea of philanthropy transitioning away from a 400-year-old history into a new era and how best to look rewrite the way we look at timeframes.
Other topics of discussion included looking at the ethics of investing, the psychological challenges of giving up wealth and a look at indigenous perspectives rooted in community wellbeing.
The day also saw a ‘contracting corner’, aimed to disrupt contracting templates – that often load risk onto fundees and restrict long term visions – with more intentional funding contract terms and conditions.
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