Dan Pallotta: The way we think about charity is dead wrong
"If we could move charitable giving from 2% of GDP up just one step to 3% by investing in growth, that would be $150 billion in contribution." [compared to current $60 billion toward health & human services]
"Next time you're looking at a charity, don't ask about the rate of overhead. Ask about the scale of their dreams - their Apple, Google, Amazon scale dreams."
"Who cares what the overhead is as long as these problems are getting solved."
"You
wanna make $50 million selling violent video games to kids and
we will put you on the front page of Wired Magazine, but you wanna make half a million
dollars trying to cure kids of malaria and you're considered a parasite
yourself.
"People are yearning to measure the full distance of their potential on behalf of the causes they about about deeply, but they have to be asked."
"If we tell the consumer brands you may advertise all the benefits of your product but we tell charities you cannot advertise all the good that you do, where do you think the consumer dollars are going to flow?"
