Reimagining Fundraising: The 2022 Global Innovation Challenge Association of Fundraising Professionals
In 2021, PI² committed 20 investments totaling approximately $145 million, more than doubling the size of the program. The total portfolio is currently just over $300 million in 55 investments. But like DIV, PI2 is a relatively small part of the DFC’s overall annual commitments; in 2021, the DFC made new commitments of $5 billion. This portfolio is well aligned with the DFC’s development mandate, with these investments scoring as “highly developmental” on the DFC’s Impact Quotient. PI2 has also sought to innovate with the types of financial tools they use. For example, PI2 made two of the DFC’s first three direct equity investments and provided the first technical assistance grant. Easy to use On Facebook (Meta) alone, over $5 billion has been raised using the platform’s fundraising tools. TikTok, which only released fundraising tools in 2020, has already seen hundreds of thousands raised through the platform. Social giving, also known a virtual-first or virtual-native fundraising