 Hello, ebu anus, Lina here with KiwiConnect and I am here with Kate Frickburg from Philanthropy New Zealand. So, here at New Frontiers we're chatting about ideas, I guess for solving some of the world's most complex social environmental problems. Kate, what sort of role do you see Philanthropy playing in such a future? I think Philanthropy's got a really important role because it's hard to do stuff without money, money enables things. I also think it's only a small part of the puzzle. money doesn't solve everything and also I think change happens from who we are and how we relate and what we do and the collective impact of all of us is the most important thing and I also think that philanthropy is not just the domain of very wealthy people if we live comfortably then we can all give so yeah we can all contribute yeah we're seeing initiatives I guess community your grassroots driven initiatives like the 1% collective who are encouraging people to give away 1% of their annual income so do you see a role in the future bigger role for individuals and small donors to be making oh totally totally I mean if we are lucky if we are blessed if we have things in abundance why wouldn't we share some of that and there's many ways of sharing it and I think what's important is sharing in proportion to what you have rather than the actual dollar amount and if you can't give money then there's time yeah of course seeing time banks and labour sharing schemes and cooperatives and that sort of thing I'm curious to know how do you see philanthropy working and we're seeing trends globally even towards impact entrepreneurship and social enterprise that are building the making change around business models how do you see philanthropy working with that I think philanthropy's got a really important role there in two different ways so you can provide income from your balance sheet or from your grants budget for social enterprise and for impact businesses so if you are using your investment portfolio assuming you're a traditional finance philanthropic trust if some of that is dedicated to equities that are socially responsible and some of it's social loans then actually you're making use of not only the tip of the iceberg but also some of the iceberg underneath I think that's a really powerful thing that we should all be thinking about if we're in that position I think there's also a role for grants in the social enterprise particularly in the startup phase so it's a case of what's the right tool for the job Right and are you seeing significant changing trends in the way philanthropy's working around social enterprise or around the way that we have this relationship with giving and receiving I think we've got a long way to go I think what you just said there about giving and receiving is a really interesting one because the standard philanthropic model is one of an arms length giving transaction which is one way here in Aotearoa we talk about reciprocity and gift exchange I think it will be very interesting to see Aotearoa philanthropic model which is a wee bit different there's actually lots of trends happening in philanthropy a lot of really exciting ones too so I can go through some of them but there's quite a few of them do you think there's some unique strengths that New Zealand has to play where perhaps other countries aren't taking such approaches or we do tend to follow what's happening overseas but we have our own way of doing things as well the very obvious one is having a Māori perspective in what we do what we give to how we give we also have a slightly different philanthropic scene here so we have more statutory trusts which are not which are not not an individual's generosity but rather set up through like the sales of the the community banks and the energy trusts so we've got quite a diverse philanthropic scene here and we've got you know through philanthropy New Zealand which I chair I mean we've got quite a lot happening to try and get people working together collaborating you know share what they're doing learn more and be more connected with communities yeah I guess when when you say philanthropy a lot of people instantly think of okay giving money but I suspect you're talking more about giving time resources expertise and mentorship as well yeah I mean the literal meaning of philanthropy is the love of humanity and I really love that definition um I think yeah most people would not think of the giving of time as part of philanthropy and that's you know the word actually is a bit you can't even say it half the time you know so I'm not sure even sometimes it is a particularly helpful word I think giving and sharing is better words so when we talk about philanthropy we're normally talking about financial resources but actually there's much more we can give and share than that fantastic sounds like an easy way for people to get involved in their local communities absolutely we can all do something thank you so much Kate