Page 1 of 1

Philanthropists must make money. Hmm.

Posted: 24 Jan 2019, 01:20
by Dreamweaver
https://news.stanford.edu/2018/12/03/th ... ilanthropy
Robert Reich says
In an age of massive and rising inequality, we also see rising levels of philanthropic activity among the very wealthy. The two go hand in hand.

This might seem an uncontroversially good thing, a mechanism for the wealthy to return some of their wealth to society. It can indeed be a good thing, but the starting point of my analysis is that big philanthropy is an exercise in power – the direction of the private assets of wealthy people toward some public influence. In a democratic society, wherever we see the exercise of power in a public setting, the response it deserves is not gratitude but scrutiny.
That seems a lot to do with the US tax system, favouring the rich..

Then from Australia
https://www.youtube.com/watch?v=lR5iIac ... DWLk86-KYA
Starting a social impact venture? Will it be for-profit or not-for-profit? The jury is still out on what legal structure works best when establishing a venture of this type and how it might affect future investment.

Joel Cranshaw is founder of Clearpoint Counsel and has consulted with countless startups across the UK and Australia at this critical stage. He truly understands how your choice of legal structure can impact a social startup's growth.

This master class will show you the pros and cons of structuring your business in different ways and how it might affect your vision for growth.

Re: Philanthropists must make money. Hmm.

Posted: 24 Jan 2019, 06:01
by Perrorist

Re: Philanthropists must make money. Hmm.

Posted: 24 Jan 2019, 12:33
by Teddy
How did Richard Branson become so rich?

Re: Philanthropists must make money. Hmm.

Posted: 24 Jan 2019, 15:48
by Perrorist
I remember trying to read his autobiography but gave up after realising how self-centered he was.