But the report, issued by McKinsey & Company's Social Sector Office, warns that this growth has also resulted in "many overlapping prizes and growing clutter," and that quantity doesn't always signal quality.
The authors attribute this proliferation to several factors, including the creation of prizes by venture philanthropists, companies, and others who feel that advocacy and grants have not been sufficient to solve certain social problems and take advantage of opportunities.
To read the full article, please click here.
