From the Washington Post:
Washington-area philanthropy is becoming unabashedly business-minded. Practices such as impact investing and public-private partnerships that were experiments after the recession are now expected to be regular giving habits for many do-gooders. And that’s just for starters. Capital Business caught up with a few local philanthropy thought leaders to see what’s next for local giving in the region….
Vikki Spruill, Chief executive of the Council on Foundations
The Council on Foundations is an Arlington-based membership organization made up of foundations all over the country. Spruill said she believes crowdfunding will be on the rise and “usher in even more young givers that will flex their collective muscle to support causes and fewer institutions.”