The for-profit LLC is poised to become the preferred vehicle for the nation’s elite philanthropists. Will the public gain from added investment in social good, or lose from ceding even more power to the wealthy?
Fund for Shared Insight is pooling the cash and convictions of 13 philanthropies to build the field of end-user feedback. The collaborative aims to help nonprofits and funders learn from and empower those they seek to help. Can its leaders become role models for the positive change they seek to create?
The superficially enticing “logic” of effective altruism ultimately leads to a moralistic, hyper-rationalistic, top-down approach to philanthropy that can kill the very altruistic spirit it claims to foster.