tag:blogger.com,1999:blog-3614581.post6946407714876252815..comments2024-03-28T03:11:22.839-07:00Comments on PHILANTHROPY 2173: Courage where feedback loops would workLucy Bernholzhttp://www.blogger.com/profile/09253941214286179394noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3614581.post-87890682563108408472007-02-15T12:26:00.000-08:002007-02-15T12:26:00.000-08:00The power relationships between funder and fundee ...The power relationships between funder and fundee are inherent; one has the power to decide much of the future of the other. On the other hand, Omidyar.net is a social network that potentially levels the playing field, but it's like the Bill Gates question. when he walks into a bar, the average net worth of all the people inside skyrockets. it's hard to have a conversation that doesn't take that into account. All the efforts on transparency that venture philanthropy funds try to bring to the table address transparency around impact and efficiency on their impact; the investee side. But what about transparency on the capital sources?<BR/><BR/>Omidyar is spending his own money and is perhaps more transparent than many foundations. But unless a funder has as it's fiduciary responsibility giving money back to investors to do good with again, what are the incentives that force transparency around decisions or performance within the funding vehicle, whether foundation or social venture fund?<BR/><BR/>What would move the meter on this issue? How could philanthropy be re-envisioned or re-engineered bring in some of the transparency that is built into the traditional capital market?<BR/><BR/>If it's a structural problem, technology alone won't solve it. But that transparency is part of a broader shift in the zeitgeist, that the technology is just enabling. To exist in this new world do funders who have their own pool of money really have to act differently?xb bloghttps://www.blogger.com/profile/01535117540376659363noreply@blogger.comtag:blogger.com,1999:blog-3614581.post-32506409002615727112007-02-10T17:42:00.000-08:002007-02-10T17:42:00.000-08:00Some on this attempt to drive accountabilityhttp:/...Some on this attempt to drive accountability<BR/>http://www.youthnet.org/blog/page/blog/20070208<BR/><BR/>Read the comments.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3614581.post-42068001567616069562007-02-05T11:17:00.000-08:002007-02-05T11:17:00.000-08:00Hi Lucy,
Thanks! And I agree :-)
AmiHi Lucy,<br /><br />Thanks! And I agree :-)<br /><br />AmiAmihttps://www.blogger.com/profile/08301700256639137182noreply@blogger.com