Stuart Buck on X: "One thing about philanthropy that has bothered me for about a decade is how inefficient, bespoke, and ad hoc it is, especially when it comes to high-net-worth individuals and family offices. Lots of people who have more money than they could ever spend on themselves, and who https://t.co/OkAwLVO8ak" / X
To view keyboard shortcuts, press question mark View keyboard shortcuts Messages Home Explore Notifications Messages Grok Lists Bookmarks Communities Premium Verified Orgs Profile More Post kristie! @kristiehuang Post See new posts Conversation Renaissance Philanthropy reposted Stuart Buck @stuartbuck1 One thing about philanthropy that has bothered me for about a decade is how inefficient, bespoke, and ad hoc it is, especially when it comes to high-net-worth individuals and family offices. Lots of people who have more money than they could ever spend on themselves, and who fully intend to get into philanthropy (such as Giving Pledge signatories), nonetheless don’t want to create a large foundation with a full-time staff of several dozen folks. But what’s the alternative? In some cases, they hire one or two people (if that much!) to write a few big checks here and there. https://nytimes.com/2024/03/10/us/elon-musk-charity.html… Check out this multi-billion foundation with no employees
Stuart Buck @stuartbuck1 One thing about philanthropy that has bothered me for about a decade is how inefficient, bespoke, and ad hoc it is, especially when it comes to high-net-worth individuals and family offices. Lots of people who have more money than they could ever spend on themselves, and who fully intend to get into philanthropy (such as Giving Pledge signatories), nonetheless don’t want to create a large foundation with a full-time staff of several dozen folks. But what’s the alternative? In some cases, they hire one or two people (if that much!) to write a few big checks here and the
related reading
- The third wave of American philanthropy - by Nan Ransohoffnanransohoff.substack.com
- On Medici and Thiel - by Rohit Krishnanstrangeloopcanon.com
- ⚡️ Towards Ineffective Altruismreboothq.substack.com
- Thesis-Driven Philanthropic Funds - Renaissance Philanthropy – A brighter future for all through science, technology, and innovationrenaissancephilanthropy.org
- Effective nonprofitsblog.jacobtrefethen.com
- There should be ‘general managers’ for more of the world’s important problemsnanransohoff.substack.com
- 28: Out of the valleynayafia.substack.com
- The third wave of American philanthropy - by Nan Ransohoffnanransohoff.substack.com
- Against Against Billionaire Philanthropy | Slate Star Codexslatestarcodex.com
- Why is there only one Elon Musk? Why is there so much low-hanging fruit? - Alexey Guzeyguzey.com
- How to fundraise one million million dollars, part 1nataliercargill.substack.com
- Zvi’s Thoughts on the Survival and Flourishing Fund (SFF) — LessWronglesswrong.com