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Spending Smarter: Knowledge as a Philanthropic Resource

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Title: Spending Smarter: Knowledge as a Philanthropic Resource
Author: Lucy Bernholz
Type: Paper
Focus: Knowledge Management
Date: June 2001
Publisher: BluePrint Research & Design
Download: In PDF format from GEO website

In this paper Lucy Bernholz outlines the importance of knowledge management to philanthropic foundations, detailing the value of the strategic use of foundations' knowledge assets. She imagines the basis for a new structure, the "knowledge foundation", which routinely gathers data, systematically derives new learning from it, makes decisions based on those lessons, and invests both dollars and expertise that is gathered from the organizations it supports. This paper also looks at where best practices in institutional knowledge management may help foundations, and outlines some strategies for philanthropic knowledge management.

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