Knight Foundation

Season 2013 Episode 07.17.13

Why Contests Improve Philanthropy

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A new report, “Six Lessons on Designing Public Prizes for Impact,” looks at how foundations can use contests as a powerful tool to advance their work. The report therefore offers a valuable starting point for foundations and other organizations to leverage the benefits of contests. It outlines Knight Foundation’s history and experiences with hosting challenges across all its program areas—media innovation and journalism, arts and communities. Readers can take advantage of six lessons, along with practical examples and tips, on designing public prizes for impact and running an effective contest. Also included are examples of work with specific grantees. Find out more at www.knightfoundation.orgmoreless

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