A New'New'Philanthropy: from impetus to impact

This chapter explores the evolving landscape of philanthropy, which is increasingly called upon to address major social, economic, and environmental issues. It highlights the emergence of "new" philanthropic approaches—such as strategic, venture, entrepreneurial, catalytic, and high-impact philanthropy—driven by innovations and a reimagining of the field. The piece examines how expectations of donors, concepts of impact and social investment, new tools, and philanthropy's relationships with the state and market are rapidly transforming, aiming to differentiate these developments from past trends and emphasize a focus on achieving substantial impact.