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by matdehaast
537 days ago
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I find it a very interesting approach to what she is doing. The problem with most philanthropic organizations is that they come to rely on a constant stream of money. I've heard the Gates Foundation have to be very intentional with how they deploy capital. Because whole ecosystems come to rely on that money in an unsustainable way. So when they have met their goals or decided its not working and pull funding, those that relied on the funding basically collapse overnight. Which could lead to even worse outcomes. With her approach, I do wonder if this will occur with many of the organizations she is giving large amount of money to. EDIT: Reminds me of the saying "Give a person a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime". |
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IMO this is deliberate - it means you can "give away" the money but keep the power and the status which are the only benefits for having that much money.
If she is making a series of large one off donations that problem does not exist.