Sean Parker: Philanthropy for Hackers
In the past several decades, there has been a monumental shift in the distribution of wealth on the planet. A new…
I have an aversion to the term “hacker,” but this is a great piece. Among the advice:
Deploy capital quickly. The only way to avoid the pitfalls of philanthropic decay is to deploy resources quickly, in response to current problems. This means spending down all of your philanthropic assets during your own lifetime, without worrying about leaving behind an institutional legacy. The act of transferring wealth into a tax-exempt charitable vehicle should never be an end in itself.