Philanthropy Ireland’s Second Ray Murphy Lecture took place on the evening of 27th May in The Science Gallery, Trinity College Dublin. Matthew Bishop, New York Bureau Chief for The Economist and co-author of the recently published book Philanthrocapitalism: How the Rich Can Save the World and Why We Should Let Them, delivered the Lecture, which was followed by a response by Irish entrepreneur Liavan Mallin. In his address, Bishop described how the new generation of billionaires, including Bill Gates, are using big-business style strategies and expecting results and accountability to match.  Leverage may be a bit of dirty word at the moment, but to make a real difference, philanthropists have to find ways to use their money that have an outsize impact, typically by using donations to change how others spend their money. Philanthropic leverage will become more important in tough economic times as social demands increase and government budgets get tighter. Philanthropy also offers the opportunity to demonstrate innovative and effective approaches to social challenges which could then be mainstreamed if proven effective.

In her response to Matthew Bishop’s address, Liavan Mallin, spoke of the need to talk about philanthropy in Ireland (which is still in its infancy) before thinking about large scale philanthrocapitalism. She also talked of the need for a sea change in attitudes towards philanthropy in Ireland and likened current attitudes (where philanthropists are slow to talk about their giving in public) to attitudes which prevailed towards entrepreneurship in Ireland twenty years ago.

Click here to download Liavan Mallin’s Presentation

At dinner in the Dining Hall following the Lecture, John R. Healy spoke movingly of the values and strong sense of social justice which had motivated Ray Murphy in his work in philanthropy. Ray Murphy, died in March 2007 and will be remembered as one of the pioneers of modern charitable foundation work and philanthropy in Ireland and internationally. Atlantic Philanthropies and the Charles Stewart Mott Foundation are supporting Philanthropy Ireland in running a ten-year lecture series, to provide a fitting memorial to one of the Irish pioneers in the philanthropy field but also to encourage philanthropy in Ireland through thought leadership, drawing on best international practice and to position Ireland as a place of philanthropic excellence. Dubcek alexander . The President, Mary McAleese delivered the inaugural lecture in University College Cork in January 2008.

Jackie Harrison, Chief Executive, Philanthropy Ireland announced the launch of the annual Ray Murphy Post Graduate Bursary, in association with Clann Credo. Initially supported by The Atlantic Philanthropies, the Bursary will be available to students undertaking a postgraduate programme in an Irish third level institution, including Northern Ireland.

Click here to learn more about Ray Murphy and the Lecture Series.