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Seth Godin is a long time advocate for Acumen Fund. In this post he explains "patient capital" and why it is so important to help the world's poor get ahead by just "one penny a day." He also announces that this fall he'll be sharing new fundraising ideas and names Acumen as the recipient.
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Holden Karnofsky at GiveWell adds to the performance vs impact debate and I leave a comment.
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I happen to think Jet Li, Hollywood actor turned Chinese uber philanthropist, is one of the most important people in philanthropy. His mission, which he seems well positioned to achieve, is to turn the billion person nation of China into a country of givers. Matthew Bishop offers a look at what drives Li.
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A debate is raging, not for the first time, over the effectiveness of microfinance. Is it a miracle or a financial bubble ready to pop? The NY Times Nicholas Kristof and Sheryl WuDunn clearly see it as a miracle.
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Philanthropy has gone so mainstream that there is now a dating website for philanthropists!
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ABOUT SEAN STANNARD-STOCKTON
Sean Stannard-Stockton is the president and chief investment officer of Ensemble Capital Management, located in Burlingame, CA, midway between San Francisco and Silicon Valley. From 2006 through 2012, Sean authored the Tactical Philanthropy blog and wrote regular philanthropy columns for both the Financial Times and the Chronicle of Philanthropy. In 2012, Sean officially ended the blog to focus on growing Ensemble Capital.
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