26min chapter

The Political Orphanage cover image

How Billionaires Think About Philanthropy

The Political Orphanage

CHAPTER

The Impact of Philanthropy: Measuring Effectiveness

This chapter examines the importance of measuring the impact of charitable giving, contrasting low-overhead and high-overhead charities to highlight how donations can drive real change. It discusses the motivations of billionaires in philanthropy, the significance of evidence-based solutions, and the need for bipartisan consensus to address societal issues. The conversation emphasizes the disparity in resource allocation among various causes and the challenge of advocating for often-overlooked areas like healthcare and climate change.

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