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Did he explain why/how? I really don't understand what you're trying to say. Was it because he was too fond of it? Was it because there were many causes he'd li

Did he explain why/how? I really don't understand what you're trying to say. Was it because he was too fond of it? Was it because there were many causes he'd like to give to and couldn't make his mind?

borski 12y ago
I imagine it was because making good choices and judgments about who deserves it is difficult. Making sure the money is spent in a manner that matters, as opposed to given away as salaries to a bunch of consulting groups, is very hard.
res0nat0r 12y ago
I'm sure he means that doing it responsibly (having the money actually be spent correctly and not wasted or lining other peoples pockets) actually takes a lot of time and effort.
MrFoof 12y ago
I can guarantee Bill's reason is because he wants the money he provides to be used as efficiently as possible. You want the most benefit to be provided for your dollar. You want to donate to the organization who can use your funds at 70% efficiency, and not one that will use it at 7% efficiency, otherwise you are providing less good for your dollar.
icpmacdo 12y ago
I bet you he was speaking in the context of it being difficult to donate money effectively to see the most positive outcome.
eCa 12y ago
Giving money is easy, but I guess he (and Zuckerberg) wants to give money where it makes a difference. In this case it looks like it didn't make a difference -> failed gift.
jarrett 12y ago
Based on his other comments, I assume he was referring to the challenges of finding the right places to spend money--places where the money will have the most positive effect. It's easy to give money away. Goodness knows there are endless people and organizations who would gladly take it. What's much harder is knowing ahead of time what impact a given donation will have. Or, to put it differently, knowing how effective a charity is at advancing its stated mission.
- danielweber 12y ago
  Bill also looks at the effects his dollars have. He admitted that his attempt to fund smaller schools plain didn't work out.
pestaa 12y ago
I may be wrong, but it's quite obvious to me. You wouldn't want to donate to an organization where the money doesn't make a traceable and measurable impact. Luckily I see more and more charities prioritize transparency.

borski 12y ago

I imagine it was because making good choices and judgments about who deserves it is difficult. Making sure the money is spent in a manner that matters, as opposed to given away as salaries to a bunch of consulting groups, is very hard.

res0nat0r 12y ago

I'm sure he means that doing it responsibly (having the money actually be spent correctly and not wasted or lining other peoples pockets) actually takes a lot of time and effort.

MrFoof 12y ago

I can guarantee Bill's reason is because he wants the money he provides to be used as efficiently as possible. You want the most benefit to be provided for your dollar. You want to donate to the organization who can use your funds at 70% efficiency, and not one that will use it at 7% efficiency, otherwise you are providing less good for your dollar.

icpmacdo 12y ago

I bet you he was speaking in the context of it being difficult to donate money effectively to see the most positive outcome.

eCa 12y ago

Giving money is easy, but I guess he (and Zuckerberg) wants to give money where it makes a difference. In this case it looks like it didn't make a difference -> failed gift.

jarrett 12y ago

Based on his other comments, I assume he was referring to the challenges of finding the right places to spend money--places where the money will have the most positive effect. It's easy to give money away. Goodness knows there are endless people and organizations who would gladly take it. What's much harder is knowing ahead of time what impact a given donation will have. Or, to put it differently, knowing how effective a charity is at advancing its stated mission.

danielweber 12y ago
Bill also looks at the effects his dollars have. He admitted that his attempt to fund smaller schools plain didn't work out.

pestaa 12y ago

I may be wrong, but it's quite obvious to me. You wouldn't want to donate to an organization where the money doesn't make a traceable and measurable impact. Luckily I see more and more charities prioritize transparency.