Plutocratic biases are baked into the policies that structure charitable giving and big foundations.
Despite the eye-popping size of large foundations and the growth in the total number of foundations, the overwhelming majority of total giving, at least in the United States, comes from living donors making charitable contributions.
The array of policies designed to stimulate the charitable donations of ordinary citizens and the philanthropic projects of the wealthy subvert, rather than support, democratic aims.
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Teju Ravilochan co-founded the Unreasonable Institute in 2009 to design an academy to tackle poverty, social justice, and educational voids. It’s a social-good school for traditional and nonprofit companies to learn how to speed-up, find partners, and help fund their world-changing ideas.