This kind of reminds me of the music biz...A&R reps would scour clubs for bands and sign them to a record deal. Most of the bands would lose money but a few would hit it big paying for the rest. Similar also VC funds funding startups. It’s the nature of the beast. In this way you can also understand that there will always be less and more effective charities and while seeking to be more efficient is good, the lesser still play their role by populating the range and hopefully evolving forward...for every starting player there always needs to be a bench.
This kind of reminds me of the music biz...A&R reps would scour clubs for bands and sign them to a record deal. Most of the bands would lose money but a few would hit it big paying for the rest. Similar also VC funds funding startups. It’s the nature of the beast. In this way you can also understand that there will always be less and more effective charities and while seeking to be more efficient is good, the lesser still play their role by populating the range and hopefully evolving forward...for every starting player there always needs to be a bench.