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How has philanthropy changed over the last 10 years, and what are the hot major trends in this field? In this audio interview, sponsored by the Stanford Center for Social Innovation, Peter Hero, an advisor to the Silicon Valley Community Foundation and long-time philanthropy expert, interviews Laura Arillaga, a leader in the social venture field, about these questions and more.
Arrillaga provides details on the dramatic growth of foundations and philanthropic giving, highlighting important new giving vehicles and products. She notes changes in the general profile of the donor, developments such as venture philanthropy and the social capital marketplace, the increasing internationalization of philanthropic efforts, and other signs of progress in this area.
Laura K. Arrillaga is the founder and chairman of the Silicon Valley Social Venture Fund (SV2), a venture philanthropy fund that leverages the financial, intellectual, and human capital of its partners to make a meaningful, measurable impact in the Silicon Valley nonprofit community. She has created and teaches Stanford Business School’s first course on Strategic Philanthropy and Stanford University’s first course on Philanthropy and Social Innovation. Arrillaga serves as director of the Arrillaga Foundation, which focuses on education and community development in the San Francisco Bay Area. She is currently writing three books: Strategic Issues in Philanthropy; Strategic Issues in Philanthropy—Teaching Supplement; and Why Love Is Not Enough: Your Philanthropic Legacy.
Peter Hero is a senior advisor to the CEO of Silicon Valley Community Foundation and the former president of Community Foundation Silicon Valley. With extensive experience in international community foundation development, Hero has been working since 1996 in Central and Eastern Europe to build a network of community foundations in the region. Prior to joining Community Foundation Silicon Valley, Hero was president of the Maine College of Art, a four-year college of art and design and the largest cultural organization in northern New England, and headed the Arts Council for the state of Oregon. He holds a master of business administration degree from Stanford Graduate School of Business, a master of arts in art history from Williams College, and an honorary doctorate in law from the Maine College of Art.