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November 02, 2015

Opinion: Is Can-Do Silicon Valley Doing Philanthropy Right?

A New York Times analysis looks at the growth of tech-sector giving and the attitudes and tools Silicon Valley moguls are bringing to philanthropy.

Reporter Alessandra Stanley notes the credo of innovation and large-scale problem-solving that drives the giving of tech billionaires such as Mark Zuckerberg and Sean Parker, and the data-driven methodology taking hold among organizations like GiveDirectly and charity evaluator GiveWell. Such donors and groups have expressed disdain for the high-profile, institution-focused giving of Wall Street tycoons.

Yet, Ms. Stanley writes, "these philanthropists are no more interested in radical change than their more conservative predecessors. They don't lobby for the redistribution of wealth; instead, they see poverty and inequality as an engineering problem, and the solution is their own brain power, not a tithe."