Thanks for the thoughtful comments! You and Austin already covered a lot, so I won’t respond to everything.
On your point (2), I agree this is a strong point in favor of nonprofits. But I’m unsure how much to expect the future you describe—grantmaking way faster and higher volume, funding ambitious nonprofits and allowing them to grow aggressively—in some default world where a ton of new philanthropic capital gets put into CG, Longview, and similar orgs.
Is the limiting factor in grantmaking at these places not having enough money? Or is it more like wanting to avoid funding things that are net negative or flood the ecosystem with low-quality projects? I would have guessed more the latter, and in that case getting more money won’t particularly help things like speed and funder chicken.
I’m sure you don’t want to speak for either of those orgs, just speculating.
Thanks Carol! I think its reasonable to have these worries, and to be concerned that money doesn’t solve them (these orgs need to execute well, and more direct solutions will be needed in some cases). I think there’s reason for optimism here, but I don’t want to speak for any orgs or base things on private info.
Thanks for the thoughtful comments! You and Austin already covered a lot, so I won’t respond to everything.
On your point (2), I agree this is a strong point in favor of nonprofits. But I’m unsure how much to expect the future you describe—grantmaking way faster and higher volume, funding ambitious nonprofits and allowing them to grow aggressively—in some default world where a ton of new philanthropic capital gets put into CG, Longview, and similar orgs.
Is the limiting factor in grantmaking at these places not having enough money? Or is it more like wanting to avoid funding things that are net negative or flood the ecosystem with low-quality projects? I would have guessed more the latter, and in that case getting more money won’t particularly help things like speed and funder chicken.
I’m sure you don’t want to speak for either of those orgs, just speculating.
Thanks Carol! I think its reasonable to have these worries, and to be concerned that money doesn’t solve them (these orgs need to execute well, and more direct solutions will be needed in some cases). I think there’s reason for optimism here, but I don’t want to speak for any orgs or base things on private info.