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I think the question is - would you have donated, to any cause, without your Uncle? I'm not asking to be combative - it's a legitimate question millions have t
by irjustin 7y ago
I think the question is - would you have donated, to any cause, without your Uncle?
I'm not asking to be combative - it's a legitimate question millions have to ask themselves. My friends and I participated in the ice-bucket challenge. We would not have done what we did w/o such a ridiculous, yet fun, method of virality.
To me, it is about 'effective' money. With your uncle + the organization, was the money more effective with or without?
There is an interesting TED talk from 2013 that highlights a semi-counterintuitive problem - if you can't pay top dollar, you can't get top dollar talent except in extremely narrow cases[0].
My interpretation is, we would love 100% of our charitable donations to reach the village who needs water or a toilet, but the reality is, people who run the org need to get paid as well.
Measuring a charity by how stingy it is might actually be less effective overall.
Anecdote: Bill and Melinda Gates foundation absolutely pays top dollar (of charities) to gain some of the smartest former execs in the industry. They're wildly effective.
[0] https://www.ted.com/talks/dan_pallotta_the_way_we_think_about_charity_is_dead_wrong/transcript?language=en https://www.ted.com/talks/dan_pallotta_the_way_we_think_abou...
- fooblat 7y agoI certainly would not have known about this particular charity without my uncle. However, had he told me it was an important cause to him and simply asked me to join him in donating, I would have. I guess another question is whether my uncle would have made that effort without the marathon.