Katherine Fulton

The democratisation of philanthropy

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Peggy Bacon in mid-air backflip, Bondi Beach, ...
A new way of seeing

Katherine Fulton speaks from the heart in this inspiring TED Talk about re-perceiving philanthropy. I heard Katherine speak in San Francisco in 2008 and she was just as inspiring.

Is there “a wrong side of philanthropy?” Is it time to reinvent as the global philanthropy industry emerges?

Philanthropy is not just about money. It is also about time and talent. The democratisation of philanthropy is about what all of us will contribute to the future of philanthropy. We are all capable of making a contribution- how much money we have is immaterial. This is why I find the term “High Net Worth Individual” which is used by many large ‘philanthropic’ organisations so offensive.

Aggregated giving and mass collaboration will shape the future in philanthropy. What assumptions do we make presently that inhibits our ability for innovation?

This is not thinking our way into a new way of acting. Rather, it is acting our way into a new way of thinking.

Last night at the Sydney Opera House I was fortunate to hear David Suzuki speak about his recent work “Legacy” which was evidence of an emergence of a new moral hunger.

We stand at a new frontier to make a difference through our contributions. To reinvent what we understand of ‘philanthropy’ and ‘charity’ we need a new generation of citizen leaders to make this change. It is a question about hope.

What is the story that will be your legacy?