The less we understand what philanthropy is all about, the less our ability to have the impact that we want. Guest Phil Buchanan, the President of The Center for Effective Philanthropy, greatly advocates for the importance of philanthropy and the nonprofit sector and helps foundations and individual donors to maximize their impact. Today on The Discovery Pod, Phil dives deep into the link between thoughtful leadership and effective philanthropy, giving advice to leaders who are being pulled into starting their own organization. He lays down the difference between social profit and philanthropy and shares his perspectives on the “right” indicators of performance, the importance of “getting proximate” to the people within and without the organization, and the challenge of creating an organizational culture and processes to identify and pursue the best ideas.