As society adapts to the ever-expanding presence of artificial intelligence (AI)—particularly generative AI (GAI) that creates (generates) new, original content—the philanthropic sector is increasingly embracing this rapidly evolving technology and its vast capabilities. Philanthropists are employing AI for help with all kinds of things, from more efficiently performing critical tasks like writing and reviewing grant applications, to enhancing impact measurement through data collection and analysis, to creating a more equitable giving environment by mitigating biases from decision-making processes. Nonprofits are also turning to AI for improving efficiencies like faster grant writing, streamlined operations, and sharper fundraising through predictive donor modeling. Philanthropy software, too, is enhanced by AI, to feature more powerful technology solutions for the industry, from integrated management platforms for private foundations to sophisticated donor engagement tools for nonprofits, to configurable administration systems for donor-advised fund (DAF) sponsors.
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