Why listen
Most foundation money never reaches a cause, and this episode explains exactly where it goes instead.
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In this episode
- Why foundations hold onto 95% of their assets rather than giving them away
- How a foundation's investments can conflict with its stated mission
- The gap between philanthropy's public image and its financial reality
- What it would take to align money-making operations with grant-making values
About this episode
The open secret about philanthropy is that way more resources are put behind making money than giving it away. What we don’t always know is whether the money-making operation shares the same values as its grant-making.This episode is sponsored by:
The Bottom Line - Sign up for this newsletter exploring scalable solutions for problems related to affordability, inclusive economic growth and access to capital. The Bottom Line is made possible with support from Citi.
Solutions of the Year, an 80-page print magazine exploring solutions for poverty, climate change, homelessness, and much more. To subscribe now, head to nextcity.org/donate and make a donation of any size.
About Next City
Join Lucas Grindley, executive director at Next City, where we believe journalists have the power to amplify solutions and spread workable ideas. Each week Lucas will sit down with trailblazers to discuss urban issues that get overlooked.
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