Episode 263: Two Dangerous Messages on Philanthropy
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Episode 263: Two Dangerous Messages on Philanthropy
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David is inspired today by a recent WSJ op-ed from the widow of Apple founder, Steve Jobs, arguing that too many philanthropists are using their donations for control rather than impact. David takes the position that too many philanthropists are driven by vanity, too many charities are driven by grift, and not enough philanthropists are wisely maintaining their leverage -- not for control, but for intended impact. A nuanced Capital Record with a message a lot of people will not like.
Show notes:
Beware of Philanthropists Who Want Control in Exchange for Their Giving
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