Hedge funds and other asset managers frequently use expert marketplaces, also known as expert networks, to obtain technical advice or get background information on industries or companies in which they are investing. Individual philanthropists could use them for philanthropic expertise in much the same way.

JFN member Simone Friedman, head of philanthropy and impact investment for Emanuel J. Friedman Philanthropies, writing in The Chronicle of Philanthropy.

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(Reprinted with permission of The Chronicle of Philanthropy, philanthropy.com)