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David Goldberg: Founders Pledge – Maximising Charity Efficiency & Impact

Feb 10, 2024

David Goldberg, co-founder of Founders Pledge, discusses the challenges of running a non-profit organization and maximizing social impact through data. Topics include building a great company culture, assessing non-profit organizations' efficiency, effective altruism, and the changes in philanthropy sector. The podcast also introduces Pledge Ventures, a venture capital fund supporting Founders Pledge.

01:02:39

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Episode guests

David Goldberg

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Episode notes

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Quick takeaways

Founder's Pledge aims to maximize social impact by encouraging founders to commit a percentage of their proceeds to charity.

They prioritize transparency, data-driven decision-making, and community building in their philanthropic efforts.

Founder's Pledge has launched Pledge Ventures, a unique venture capital fund that generates sustainable income for the nonprofit while aligning with their mission of maximizing social impact.

Deep dives

Founder's Pledge: A Mission to Give Back

Founder's Pledge is a non-profit organization that encourages founders, investors, and significant shareholders to commit a percentage of their proceeds to charity. The organization focuses on maximizing social impact and helps its members skill up in philanthropy. Founder's Pledge offers educational events, connects members with shared interests, and provides support in grant-making and impact measurement. Their goal is to ensure that every dollar pledged is used effectively and efficiently, and they have a rigorous process to evaluate the most impactful areas for donation. Through their donor-advised fund, they facilitate global donations to various non-profit entities, and they have a research team dedicated to identifying the most pressing issues and the best interventions to tackle them. Founder's Pledge is committed to transparency and data-driven decision-making, and they strive to create a community of change makers who are dedicated to making a positive difference in the world.

Introduction

6min

Exploring the Inefficiencies of Philanthropy and Taking Action

1min

Founders Pledge: Creating Social Impact through Pledges and Support

23min

Evaluating Alignment of Values and Decision-Making Processes

2min

Areas of Impact and Urgent Issues to be Addressed

5min

Assessing Impact and Transparency in Non-profit Organizations

7min

The Philosophy of Effective Altruism

6min

Changes in Philanthropy Sector and Launch of Pledge Ventures

12min

Measuring the social impact of a charitable donation is, oftentimes, an impossible task. Founders Pledge is a non-profit organisation that aims to funnel and streamline donations from successful entrepreneurs in order to maximise their efficiency, based on data and research. Having built a network of nearly 2000 like-minded philanthropists, the vision behind Founders Pledge was to ensure transparency, unbiased assessment, ease of access and incentive alignment for its members. Despite the hurdles of running and scaling a non-profit organisation, Founders Pledge managed to stay true to its values throughout its 10 years of activity. In the end, where there’s a will, there’s a way.

We were joined by David Goldberg, founder of Founders Pledge, to discuss the landscape of charitable non-profit organisations and how data can streamline donations and maximise their social impact.

Topics covered in this episode:

David’s background
Founding Founders Pledge
How Founders Pledge works
Joining Founders Pledge
The challenges of managing a non-profit organisation
Building a great company culture. Hiring process
Maximising impact
Assessing non-profit organisations’ efficiency
Effective altruism
How philanthropy changed over time
Pledge Ventures
Future challenges for Founders Pledge

Episode links:

Sponsors:

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This episode is hosted by Brian Fabian Crain. Show notes and listening options: epicenter.tv/534

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