No-strings philanthropy is giving charities more decision-making power
https://www.economist.com/special-report/2024/01/10/no-strings-philanthropy-is-giving-charities-more-decision-making-power
from The Economist
is no bad thing that recipients are spending more on overheads. In the past, many philanthropists have been willing to pay for a charity to roll out projects, such as building a new school or handing out food. But few have been willing to fund the staff who plan those projects, their training or their laptops. Academic research has shown that groups that spend more on overheads often deliver better results.
Best Regards
Seetha Ram
https://www.economist.com/special-report/2024/01/10/no-strings-philanthropy-is-giving-charities-more-decision-making-power
from The Economist
is no bad thing that recipients are spending more on overheads. In the past, many philanthropists have been willing to pay for a charity to roll out projects, such as building a new school or handing out food. But few have been willing to fund the staff who plan those projects, their training or their laptops. Academic research has shown that groups that spend more on overheads often deliver better results.
Best Regards
Seetha Ram
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