From Good Intentions to Real Impact: ICARE, Fundación Luksic and Teletón Seek to Strengthen Collaboration and Set a New Standard for Social Investment in Chile
Through the launch of their first joint analysis, the three organizations seek to mobilize the private sector, civil society and academia toward a model of philanthropy measured by how much it improves or transforms people’s lives, rather than by how much it costs to implement.
This afternoon, at a gathering that brought together representatives from the business community, academia and civil society, ICARE, Fundación Luksic and Teletón presented “From Intentions to Results: The Shift Toward Social Investment,” a document whose central thesis is that, for decades, philanthropy in Chile has focused on how much was given. Today, however, the challenge should be centered on the effects that investment produces and on how much it changes people’s lives. This shift is not merely semantic; it represents a change in standards.
The presentation was led by Isabella Luksic, Vice President of Fundación Luksic, who emphasized the need to promote a model of social investment that recognizes that every peso invested is an opportunity to change someone’s life.
“To promote Chile’s development, we need to raise the standard of social investment. We have a responsibility to update our models to address today’s and tomorrow’s challenges, focusing on concrete results without losing sight of our purpose, and combining evidence with warmth in service delivery. We must put people at the center and trust in their capabilities,” explained Isabella Luksic.
During the event, Teletón presented its own case study, showing how the organization has incorporated the four pillars into its rehabilitation programs. Through Macarena Cea, the organization also shared the Aspiraciones initiative as a concrete example of results-oriented investment in vulnerable contexts.
“Today we had a great gathering that allowed us to exchange ideas and reflect on how social investment not only generates a positive impact on people, but also contributes to the development and growth of the country and its companies. Organizations such as ICARE and Fundación Luksic play a highly relevant role by promoting these spaces for dialogue and driving initiatives that strengthen collaboration between the business and social sectors. This coordination is key to building agreements, generating shared value and moving toward a more supportive and inclusive country, with greater opportunities for everyone,” said Guillermo Tagle, Chairman of the Board of Fundación Teletón and Chairman of ICARE’s Silver Economy Group.
For his part, Renzo Corona, President of ICARE, explained that “the three organizations share the conviction that, in order to move toward a new standard of social investment based on impact measurement, it is essential to foster collaboration among the business community, civil society, academia and the public sector. That is why this gathering is particularly relevant for Fundación Luksic, Teletón and ICARE: it allows us to present an initial analysis of how we envision the social investment agenda we aim to sustain over time.”
Corona also addressed the business community directly, stating that “we believe that managing well is a responsibility. Today, we say the same about social investment. Chile needs every peso allocated to social impact to be well designed, well implemented and measured. This is not an excessive demand; it is the minimum standard for social investment to become a genuine part of the country’s sustainable development and growth.”
The document, co-authored by ICARE, Fundación Luksic and Teletón, traces the evolution of philanthropy in Chile and the transition toward social investment models that apply the same management standards as any strategic decision. It is now available for download on the websites of all three organizations.
