Another way to do and measure philanthropy to produce direct measurable results. In a recent Wall Street Journal column, Sean Parker, the co-founder of Napster and the founding president of Facebook, called on the philanthropy community to do what he and his fellow digital pioneers did to create today’s tech giants: “‘Hack’ complex problems using elegant technological and social solutions, and an almost religious belief in the power of data to aid in solving those problems.” “While philanthropists like to talk about impact, they seldom have the tools to measure it,” Parker wrote. “This has led to a world in which the primary currency of exchange is recognition and reputation, not effectiveness. These incentives lead most philanthropists to favor ‘safe’ gifts to well-established institutions, resulting in a never-ending competition to name buildings at major universities, medical centers, performing arts centers and other such public places.” “How to” — selecting the right tools for...
Hack this!
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