Funding the Future—Philanthropy’s Role in Advancing AI for Social Good
As global investment in artificial intelligence (AI) accelerates—projected to double and reach $632 billion by 2028—the for-profit sector continues to lead in technological innovation. Yet, the social and education sectors have lagged in adopting and investing in transformative AI solutions. Philanthropy now stands at a pivotal crossroads: it possesses the unique flexibility and risk tolerance to fuel AI-powered experimentation that prioritizes safe, fair, and equitable outcomes over profit.
Join Sarah Di Troia, Managing Director of Project Evident’s OutcomesAI practice, for an in-depth exploration of how foundations and grantmakers can seize this moment to shape AI’s role in civil society. With over thirty years of experience as a grantmaker, strategic advisor, and nonprofit executive, Sarah brings a unique perspective from her leadership at the intersection of AI, philanthropy, and social impact. Drawing on recent research—including the February 2024 report “Inspiring Action: Identifying the Social Sector AI Opportunity Gap”—this session will unpack why more nonprofit practitioners than funders are currently leveraging AI, and how this gap may hinder the sector’s ability to innovate and address pressing societal challenges.
Sarah will highlight actionable insights for funders and grantees seeking to empower nonprofits to explore, experiment, and responsibly harness AI for social good. Attendees will gain a nuanced understanding of the challenges and opportunities in AI grantmaking. Participants will leave equipped to champion innovation that centers the needs of the most vulnerable, and to drive collective action that ensures AI serves as a force for positive, equitable change in society.