Philanthropy in Chile and the world:
The contribution to the social sector, specifically to non-profit organizations, from the private world, has now become a major economic force in different countries of the world and an increasingly frequent tendency to solve problems that governments cannot solve. In the United States and Great Britain, various types of tax incentives have been established in order to increase this practice. Our country is no exception, and this is how in the 90's a modification to the donation laws began, mainly to the law of cultural and social donations, aimed at improving the methodology and access to tax incentives. This, together with the amendment to Law 20,500, which regulates the creation and development of Associations and Foundations, has made possible the accelerated growth of existing organizations and the creation of new social enterprises.
Accelerated growth: lack of professionalization
Philanthropy today plays a role, perhaps even more relevant, because in the last 10 years we have a market of social organizations richer in innovative ideas and with great social impact, that manage their development with tools more and more accurate in Their effects and that make it possible to ensure that donors, whether natural persons, families and companies, participate in different levels in the impact of such ventures.
Innovative ideas that need to be supported with funding and follow-up to scale.
As a result of this, it is vital to move forward in better linkages between donors and non-profit organizations, which will make the impact even more efficient and make the contributions more profitable, generating what we call "strategic philanthropy".
Social and environmental investments must be carried out with the same (or even more) rigorous than economic investments. Without exceptions.