Curated from: melvabintangg.substack.com
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How do philanthropists choose the issue they care about most? What would be their framework before donating their money?
I find it interesting when all the people fight for education and health at all costs. Education and health are indeed vital and fundamental things for a country’s development.
However, I’m still curious about their framework before donating their money. A massive amount of money will be donated to a specific issue, and I believe they must use a rigid process, mathematical hypothesis, and endless meetings to decide.
Let's find out!
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There are three main points to contemplate in pursuing the goal that we want to focus on more.
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Importance means how many individuals are affected by this issue and how deeply? How far can this breakthrough accomplish? However, it’s hard to conclude which is the most critical issue. Importance comparison can be tricky and subjective.
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This is where some causes receive less attention from others, particularly major philanthropists. Are there important causes to make a difference that receive little support?
While investigating the cause, we have to consider multiple activities that might make a difference.
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We look for clear ways so that funders can contribute to the progress. It can be challenging to anticipate what opportunities will arise and how long they will last. Also, there are some issues where we see relatively broad and robust dynamics that make progress particularly likely or unlikely.
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IDEAS CURATED BY
A learner | Writer of Melva's Note on Substack | High curiosity about psychology and human development.
CURATOR'S NOTE
The amount of research done by philanthropist must be a lot, right? Like, how do they conclude it?
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