(Community Matters) Disruptive innovation in philanthropy, encouraging.
with the rise of social networks that connect people the world over instantaneously, many millennials have a broader view of charity. Pioneers in an emerging philosophy of philanthropy known as “effective altruism” — which applies evidence and reason over things like emotion and intuition to determine where one can do the most good.
an independent, nonprofit charity evaluator that they dubbed GiveWell. a joint venture between Good Ventures and GiveWell that they called the Open Philanthropy Project.
They consider three questions when deciding whether a cause has promise. First, importance — how many people’s lives would be affected and by how much? Second, could it be solved, in the short-term and long-term? And third, how crowded is the space? If a lot of smart people are already thinking about the issue, the marginal impact could be less than in other areas.
Washington Post: Cari Tuna and Dustin Moskovitz: Young Silicon Valley billionaires pioneer new approach to philanthropy