Priscilla Chan’s decision to stop funding the school she opened to help struggling families shows the risks for communities reliant on wealthy private donors.

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[–] 7 points 1 year ago* (2 children)

My idea of "perfect philanthropy" is something like the Carnegie Hall. While I think it is the government's role to provide places for art, I don't begrudge a city for having a more modest venue. So having a world class, tour de force concert hall is a pretty neat philanthropic project IMHO.

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  • [–] 2 points 1 year ago

    Sure that's great if a rich dude wants to set up a trust and run a theater or a museum or whatever after they die.

    But the problem comes in when you have an NFP running a museum that's beholden to one or two key benefactors who want to decide everything, and they gotta listen or else there's no more money.

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