|NorthwesternSpring 2013||Learning Philanthropy: Engaging in the Study and Practice of GivingDepartments: School of Education and Social PolicyPenelope Peterson, Lauren Jones Young||30 students|
|NorthwesternSpring 2014||Learning Philanthropy: Engaging in the Study and Practice of GivingDepartments: School of Education and Social PolicyPenelope Peterson, Lauren Jones Young||24 students|
|NorthwesternSpring 2015||Learning Philanthropy: Engaging in the Study and Practice of GivingDepartments: School of Education and Social PolicyPenelope Peterson, Lauren Jones Young||27 students|
|NorthwesternSpring 2016||31 students|
|NorthwesternSpring 2017||Learning Philanthropy: Engaging in the Study and Practice of GivingDepartments: School of Education and Social PolicyPenelope Peterson, Tracy Dobie||25 students|
|NorthwesternSpring 2019||Learning Philanthropy: Engaging in the Study and Practice of GivingDepartments: School of Education and Social PolicyKarl Muth||18 students|
|NorthwesternWinter 2020||Economics of Nonprofit OrganizationsDepartments: Weinberg College of Arts and SciencesDean Karlan||50 students|
Economics of Nonprofit Organizations
Taught by Dean Karlan & Shannon Coyne
Department of Weinberg College of Arts & Sciences, Economics
Dean Karlan is the Frederic Esser Nemmers Distinguished Professor of Economics and Finance at Northwestern University, co-Director with Christopher Udry of the Global Poverty Research Lab at Northwestern University, and the Founder and President of Innovations for Poverty Action, a non-profit organization dedicated to discovering and promoting solutions to global poverty problems. Karlan is also on the Executive Committee of the Board of Directors of the M.I.T. Jameel Poverty Action Lab. In 2015, he also co-founded ImpactMatters, a nonprofit dedicated to estimating and rating impact of nonprofit organizations in order to help donors choose good charities and to promote more transparency in the nonprofit sector.
His research focuses on microeconomic issues of poverty, typically employing experimental methodologies and behavioral economics insights to examine what works, what does not, and why to address social problems. His work spans many geographies and topics, including sustainable income generation for those in abject poverty, credit and savings markets for low income households, agriculture for smallholder farmers, small and medium entrepreneurship and smoking cessation, and charitable giving. He has worked in over twenty countries around the world, including both low income countries and also the United States.
Karlan received a Presidential Early Career Award for Scientists and Engineers, an Alfred P. Sloan Foundation Fellowship, and a Guggenheim Fellowship. He was awarded distinguished alumni awards from the University of Chicago Booth Graduate School of Business and the Duke University Talent Identification Program.
Shannon Coyne is Senior Manager for Effective Philanthropy at the Kellogg School of Management at Northwestern University. In this role, Shannon leads research and teaching on effective philanthropy in collaboration with Professor Dean Karlan. She has nearly a decade of experience in global development, nonprofit management, and monitoring and evaluation. Shannon is passionate about helping donors understand nonprofit impact and helping mission-driven organizations to better track, estimate, and communicate their impact. She has a B.A. from the University of Notre Dame and a Master’s degree from The Fletcher School at Tufts University.
In this class, students explore the economic rationale for the non-profit sector, with a particular focus on how to model theoretically the value added of a nonprofit organization and how to estimate empirically its likely impact.
Student groups will work directly or indirectly with nonprofit organizations to conduct an “impact audit”, a tool and standard for assessing nonprofit effectiveness. These audits, along with analysis of other nonprofits, in-class discussion and debate, facilitate the student grantmaking process. Students decide the criteria, decision-making process, and the final grant or grants to make.
“This course made me realize that although philanthropy is an inherently personal experience, great results can be achieved through collaboration and collective action.”Meredith GreeneNorthwestern University