The sad truth is that many of us saw this coming, saw the Olin et al playbook, and spent our careers shouting into the wind of well intentioned logic models and incremental impact metrics. Now that we face the loss of the American democracy, or rather, see it veer to autocratic like so many societies before it, it’s too little, too late from the philanthro-industrial complex. And while I love your question, it’s the wrong one. Funders like you now urgently need to turn to funding the resistance, a government in exile, and the dissident tech, legal, and support infrastructure that will see us through the dark times.
Thank you for your comment. As you may have seen from prior posts, I am one of the loudest advocates for foundations ending the fake rule of perpetuity and moving capital now to address the current context. And, I am advocating in this piece for funding a long term vision as well. I believe we can do both if we don’t limit our capital outlays to 5% of our assets. In fact, I find it challenging to imagine limiting our outlays to less than 15% at this time.
I know and appreciate that you’re an advocate for transforming the philanthro-industrial complex. And: you’re alone as far as I can tell with your calls for urgent action. I think the industry is missing the current context completely, and is still having very comfortable conversations. Always more conversations…
The sad truth is that many of us saw this coming, saw the Olin et al playbook, and spent our careers shouting into the wind of well intentioned logic models and incremental impact metrics. Now that we face the loss of the American democracy, or rather, see it veer to autocratic like so many societies before it, it’s too little, too late from the philanthro-industrial complex. And while I love your question, it’s the wrong one. Funders like you now urgently need to turn to funding the resistance, a government in exile, and the dissident tech, legal, and support infrastructure that will see us through the dark times.
Thank you for your comment. As you may have seen from prior posts, I am one of the loudest advocates for foundations ending the fake rule of perpetuity and moving capital now to address the current context. And, I am advocating in this piece for funding a long term vision as well. I believe we can do both if we don’t limit our capital outlays to 5% of our assets. In fact, I find it challenging to imagine limiting our outlays to less than 15% at this time.
I know and appreciate that you’re an advocate for transforming the philanthro-industrial complex. And: you’re alone as far as I can tell with your calls for urgent action. I think the industry is missing the current context completely, and is still having very comfortable conversations. Always more conversations…
Yep. Most of the biggest leaders in the sector are more focused on protecting perpetuity than humanity.