President of Monitor Institute, Katherine Fulton is also a strategist, author, teacher and speaker working for social change.
Billions of dollars are spent on philanthropy each year, but the way they are spent is changing rapidly. Katherine Fulton's team at Monitor Group has been tracking these changes, and she has become an eloquent advocate for the “New Philanthropy,” surprising audiences with her insights on an underreported phenomenon of momentous significance.
As president of Monitor Institute, she works with today's most imaginative, entrepreneurial leaders (not just in philanthropy, but also in business and government) to pioneer breakthrough next practices in how complex social problems are framed, confronted, funded and ultimately solved.
As a result of her efforts, she has been awarded both a Nieman Fellowship at Harvard University and a Lyndhurst Foundation prize for community service. Her innovative course design at Duke University was featured in Time magazine and her work on the future of journalism in Columbia Journalism Review. She is also co-author of several books, among them Investing for Social and Environmental Impact: A Blueprint for Catalyzing an Emerging Industry, Looking Out for the Future: An Orientation for Twenty-First Century Philanthropists and What If? The Art of Scenario Thinking for Nonprofits.
“Philanthropy is reorganizing itself before our very eyes. And even though all of the experiments and all of the big givers don’t yet fulfill this aspiration, I think this is the new zeitgeist: open, big, fast, connected, and, let us also hope — long.”
“What we’re seeing is people wrestling to describe this new thing that’s happening. Words like ‘philanthrocapitalism,’ and ‘natural capitalism,’ and ‘philanthroentrepreneur,’ and ‘venture philanthropy.’ We don’t have a language for it yet.”