2008 09 participatory philanthropy
DESCRIPTION
A presentation on participatory philanthropy for the Mission Future conference in Linz Austria, September 2008.TRANSCRIPT
Participatory PhilanthropyHow the wisdom of the crowds can improve and democratize the giving of
Isaac Newton 1643 - 1727
John Harrison 1693 - 1776
Philanthropy ThenAndrew Carnegie financed the public library system in the US and Britain.
PHILANTHROPY NOWJOHN D. ROCKEFELLER > THE ROCKEFELLER FOUNDATION
Who should decide how philanthropic money is given away?
We should.
1920’s - Columbia sociologist Hazel Knight asks classroom to guess temperature. Their collective answer was only .4 degrees off.
Finance professor Jack Treynor asks his 56 students to guess how many jelly beans are in a jar. Their group estimate, 871, was only 21 off and closer than all but one individual guess.
The Wisdom of Crowds
Changemakers.netOpen sourcing social solutions
Involvement &Expertise
The Crowd & The Experts
- The Judges
- Commenter
Idea BlobUsers Choose What is Funded
Organic Food Vending Machines$10,000 to help start new business
Votes, Comments, and Advice
Knight News Challenge$5 Million every year for innovative journalism
Who will give away his money?