KM & Philanthropy
Although you can define it many ways, we view knowledge management (KM) as the process of transforming information and intellectual assets into enduring organizational value. Why is KM important for philanthropy? As our society rapidly evolves into an “instant information age,” grantmakers must process large quantities of information and generate new knowledge to accomplish their missions.
A variety of factors explain the growth of KM in philanthropy:
- Rapid growth of foundations and philanthropic assets
- New diversity of philanthropic structures
- Interest in collaborative knowledge-based services
- Increased public scrutiny and the need to do more with less
- Focus on effectiveness and accountability
While technology is a key component of KM, the Forum places a strong emphasis on people and collaborative processes. By deploying cutting edge technologies, we aim to create peer-learning networks that will facilitate more effective grantmaking.