New attitudes to foundations call

Charities should approach foundations as organisations that promote structural and social change, according to the author of a new book.

"Effective philanthropy is impact-driven," said Luc Tayart de Borms, president of the Network of European Foundations.

"Charities should not view foundations as ATMs. Instead, they should identify and agree on specific goals and work together to achieve them."

In his book, Foundations: Creating Impact in a Globalised World, de Borms argues that foundations need to measure the impact they are having when they support a cause and form a closer working relationship with the charities they help.

But he also says that governments need to take a more active role in supporting foundations.

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