in Change Agents, Community Design, People

The Opposite End

In February 2022 an opinion article in the Chronicle of Philanthropy was offered to its readers entitled: Will More in Philanthropy Adopt the MacKenzie or Melinda Approach to Giving? The term “end of the scale” is used to describe the power expressed by dollars in trillions, because the quantity and management of these huge fortunes have produced an “opposite end” or a new extreme to examine in the world of charitable giving.

First, the amount of cash involved is truly unfathomable but highly transparent via the Melinda Gates approach, and Mackensie Scott describes her approach to giving by saying her researchers and administrators form a constellation “attempting to give away a fortune that was enabled by systems in need of change.”

The graphic below is a description of the Gates Foundation transparency by Wouter Aukema (here) as drawn from the foundation’s highly accessible database access (here). In Mackenzie’s blog, there is a list of nearly three hundred organizations given grants,($8.5 billion ), the suggestion that ongoing gifts may not be public, and the recipients will be trusted.

The article closes with the “end of scale” elements that alter the traditional approach to the presumed partnership between vast wealth and the challenge of the 2010 Giving Pledge (Gates and Buffet) First, grants are made based on trust. Second, the cash is unrestricted, but the third end-of-scale element is the expectation that the funds reflect the problems the grant is addressing by directly benefiting those who experience those problems.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.