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And if, in your hypothetical, assisting philanthropists in doing proper research into the usage of funds takes less than 5% of their time, then it’s a net benef
by kolbe 5y ago
And if, in your hypothetical, assisting philanthropists in doing proper research into the usage of funds takes less than 5% of their time, then it’s a net benefit.
What is the appropriate balance? Luckily you nor I get to decide. People donating their money get to choose what level is appropriate for them. And the overwhelming number of experienced philanthropists do research into whether or not the organizations they donate to are doing what they claim to do.
Again, I hope you apply this same flippancy to the possibility of human misbehavior in the rest of your life. Do you buy Dell computers with no research because they claim to be the best? Do buy whatever item on Amazon has the highest rating? Do you invest in bloodwork startups because they say they have nationwide deals with Walgreens? If you do, then cool, you’re just a really trusting person. And that’s fine. But if not, you’re giving a free pass to some people and not to others, and I cannot fathom what makes some organization formed around a non-profit structure inherently more trustworthy than one formed around profitability.