What is Giving Compass?
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Bill Gates will spend much of his life figuring out how to give away the money that he has made. Warren Buffett is wiser; he decided to let Bill do the job so that Warren himself can keep running Berkshire, which he loves to do and what he is good at.
Good charities are frugal and their management quite astute. They put tremendous effort to define their strategic priorities. As a result instead of asking them to do what might seem important to me, I tend to support project/s on their roadmap.
Giving should be based on pragmatism, instinct, and simplicity — not optimizing too many things. Giving can be gratifying and it may raise our stature in the society, but it is time-consuming and we are still left with doubts if we are on the right track and donating for the right reasons.
Read the full article by Vinita Gupta about impact giving from Medium