Society
A society is a more formal, structured network organization designed to add continuous value to a specific industry or cause. By creating best practices, frameworks, and fundraising for basic research, societies aim to foster long-term advancements and innovations.
10M - 20M
Opportunity

Investing in a society offers high leverage due to its structured approach to creating and disseminating best practices and frameworks. With a well-defined purpose, societies can attract and unify experts and stakeholders, driving significant progress in their focus areas. The ongoing costs are typically low, as societies leverage their structured network to continuously generate value and attract funding.

Impact

Societies can lead to substantial, long-lasting impact by setting industry standards, funding essential research, and fostering collaboration among key stakeholders. Their structured approach ensures that advancements are systematically pursued and implemented, leading to sustained progress and innovation in their chosen fields. The formal nature of societies also helps in gaining credibility and recognition, further amplifying their influence and effectiveness.

Challenges

Creating and sustaining a society as a philanthropic investment involves navigating several significant challenges. Organizational structure of a society is inherently complex, requiring meticulous planning and management to ensure smooth operations and effective collaboration among members. This complexity can pose difficulties in maintaining coherence and achieving the society’s objectives.

Secondly, gaining the trust and commitment of supporters is crucial but challenging. Given the formal and long-term nature of societies, potential supporters may be hesitant to commit without clear, demonstrable benefits and transparent governance. Building this trust requires consistent, transparent communication and proven results, which can be time-consuming and resource-intensive.

Lastly, high initial investments are necessary to establish the society’s infrastructure, attract key members, and fund initial projects. This requirement for substantial upfront funding can be a barrier, particularly in securing commitments from philanthropists and other investors.

  • Complex Organizational Structure
  • Gaining Trust of Supporters
  • High Initial Investments
Our solution

We leverage our extensive experience in network organizations to address the complexities of creating and managing a society. By strategically managing relationships and fostering transparent communication, we build trust among members and supporters. Our approach includes:

  • Identifying and Unifying Stakeholders: Using our vast network, we bring together experts, innovators, and stakeholders who share a common vision.
  • Developing Best Practices and Frameworks: Our expertise in creating and disseminating best practices ensures that the society continuously generates value.
  • Ongoing Support and Mentorship: We offer continuous mentorship and resource allocation to maintain organizational efficiency and drive sustained progress.
Examples

Mozilla Foundation: Known for developing the Firefox web browser, Mozilla is committed to keeping the internet open and accessible. The foundation supports various projects and communities that promote internet health, privacy, and security.

Creative Commons (CC): Although not purely tech-focused, Creative Commons provides free licenses and tools that help creators legally share their knowledge and creativity. This has significant impacts on digital content sharing, education, and innovation.

Apache Software Foundation (ASF): ASF provides support for the Apache community of open-source software projects, which include widely-used tools like the Apache HTTP Server and Apache Hadoop. It fosters open development and collaboration, driving innovation and creating valuable technologies.

Proton Foundation: Proton, initially known for its secure email service ProtonMail, has expanded its mission and operations by becoming a foundation. The Proton Foundation is dedicated to providing privacy-focused, secure communication solutions to individuals and organizations worldwide. By adopting a non-profit structure, Proton can prioritize user privacy and security over profit, ensuring that its services remain accessible and affordable.

Other Recipes for Social Organisations:
Social Enterprise
The new digital era offers a unique opportunity to uncover high-leverage, low-effort solutions through creative, non-traditional ideas developed by small groups or individuals.
Network Organization
Network social organisations are fluid, virtual entities comprising people, social groups, and companies, typically without a common legal foundation. Impact is achieved through close collaboration and effective information exchange in specific fields. Members are driven by the need for foundational technologies that simplify their work, requiring minimal effort. With no particular boundaries or restrictions, these organizations can grow significantly and generate fundamental technologies, standards, and frameworks.
Public Good Solutions
Public good solutions are collaborative efforts involving diverse stakeholders united by a common goal. These solutions are typically global and long-term. They consist of basic frameworks or exponential, self-reinforcing systems designed to tackle some of the world's biggest problems.
Unions for Collaborative Philanthropy
With 1.3 million nonprofit foundations in the US, the philanthropic market remains at 2% of GDP and is shrinking. Despite numerous efforts, low collaboration and limited capability-sharing between nonprofits and stakeholders hinder progress. Each organisation fights for its share, often exacerbating problems through quick fixes. This lack of coordination results in fragmented efforts and accidental adversarial structures.
Public Initiatives
Most public initiatives are built organically from the bottom up, challenging acute social problems. However, these initiatives often face opposition from large, affected businesses and struggle to mount strong resistance. As a result, millions of public initiatives die in infancy.
We either make history or become history

iPhilanthropist and our trusted partners utilize cookies and similar technologies to access and process your data as outlined below. Please provide your consent for cookie usage on this website by enabling one or more cookie types below and saving your preferences. Cookie Notice