Insights for you

A good doctor first looks for the cause: dehydration, stress, poor eyesight or something more serious. Philanthropy should work the same way. Grants are the right treatment for many headaches. For others, recoverable grants, concessional loans, and guarantees may work better. Consider three situations: • An organisation providing essential services to vulnerable communities may need flexible funding over many years; expecting repayment could undermine its mission. • A social