Philanthropy has been described as providing ‘the venture capital for social change’. The Tindall Foundation is a good example of a philanthropic funder that through grants, loans and equity has supported the development of innovative solutions to social and environmental issues confronting New Zealand for over 20 years. However, it struggles to bridge the gap between seed-funding and prototyping new initiatives, and making long-lasting social and policy change. While it often funds sectors and organisations that Government is also funding, it is seldom done in a co-ordinated, strategic way.
Government has signalled a social investment approach. Is there a role for philanthropic organisations like TTF to participate in a social investment approach? Could this approach provide a way to develop a shared agenda between Government and philanthropy that will maximise social impact?
Sir Stephen Tindall, founder of The Tindall Foundation, will provide an update on some of The Foundation’s initiatives, and comment on recent efforts to develop a more strategic and collaborative approach to funding for impact with other organisations and Government.
About Sir Stephen Tindall
KNZM, Dip Mgt, FNZIM, HonD, Dcom Honoris Causa
- Founder and Director, The Warehouse Group Ltd
- Founding Member of the New Zealand Institute (now the New Zealand Initiative)
- Founder and Trustee, The Tindall Foundation, established to focus New Zealand on improving the performance of families and social services; supporting community-based initiatives that create employment and encourage enterprise; supporting the environment and preserving biodiversity; strengthening the Third (Community) sector and; promoting generosity and giving. The Tindall Foundation has to date provided over $127m (after paying tax on its income) to assist these initiatives on a “hand-up not hand-out” basis
- Investor in New Zealand Enterprises. Through K1W1 Ltd and other vehicles has invested over $150M Seed and Venture capital into a large number of start-up and early stage businesses from Biotech, environmental technology, electronics, high tech, software and other high export potential businesses
- 2015 Kiwibank New Zealander of the Year 2009; Knight Companion of the NZ Order of Merit, 2007
Note: Papers, presentation slides and any other material provided by the Guest Lecturer will be made available some time after the lecture at Publications > Media & Speeches > Guest Lectures by Visiting Academics.