Philanthropist Cookbook 2024
This book explores the vast possibilities and impacts of modern philanthropy, from investing in open-source technologies and impact startups to supporting online schools and public initiatives. You'll discover how innovative approaches can drive sustainable change, democratize access to education, and empower communities worldwide. By leveraging new technologies and organizational structures, we aim to maximize your philanthropic impact and create lasting, positive transformations in society.
Dive in to unlock the potential of tech-philanthropy and make a meaningful difference in the world.
Tech-Philanthropy
Open platforms
Open platform is an online service that is delivering beneficial function, service or open data to support and expand social efforts and provide open source data for research and innovations.
Challenges and Prizes
Challenge or prize is truly remarkable philanthropic investment. It opens doors to global collaboration, bringing together the brightest minds to tackle significant problems and seemingly impossible challenges.
Open-source software
Github offers thousands of technologies, with talented teams and diverse social support capable of transforming the way we live and connect. Open-source projects are social by design, self-governed and offer a diverse range of investment opportunities along the way.
Social Apps
Social apps with inspiring ideas have the potential to make a profound difference in the lives of millions, and in some cases, even save lives. However, many of these apps struggle to survive, often facing significant challenges in scaling and high development costs that hinder their growth.
Mass Collaboration Projects
This type of investment fosters a mass movement, attracting volunteers to contribute to a particular cause or goal.
Open Data Platforms
Data is a highly valuable resource that can serve as a foundation for innovations and breakthroughs. Collecting, processing, and making certain data open can create an ecosystem of social-impact services that make informed decisions, predict better outcomes, and generate significant societal impact. Proprietary data, on the other hand, limits the potential for human progress.
Online School
Investing in an online school is a sustainable and impactful way to shape the future and nurture the next generation of leaders and philanthropists. With nearly 10% of children unable to attend traditional schools and the remaining 90% receiving often outdated education, it's clear that modern education is failing to meet society's needs and hindering human progress, especially in developing countries.
Impact Ventures
Impact Startup
Investing in impact startups is a relatively new but rapidly developing market. While traditionally viewed as "low-yield" by conventional investors, the increasing number of successes—often yielding higher-than-expected returns—proves this bias wrong.
Impact Currency
In the pursuit of the next bitcoin, thousands of cryptocurrencies have emerged, often with little meaningful impact. However, impact currency aims to elevate blockchain and blockless technology beyond speculative trading, creating technologies that improve lives, empower sustainability efforts, and protect nature.
R&D
Patents
There are hundreds of thousands of brilliant ideas gathering dust on patent shelves or archived within big corporations. Often, the creators cannot secure early sponsors to build or scale the technology, while corporations lack the capacity to pursue all the stockpiled innovations.
Fundamental Research
In the pursuit of immediate profit, corporations often dismiss fundamental research, with only 5% of R&D investment directed towards it. However, fundamental research holds the potential to bring radical change, create new economies, and save millions of lives.
Social Organisations
Social Enterprise
The new digital era offers a unique opportunity to uncover high-leverage, low-effort solutions through creative, non-traditional ideas developed by small groups or individuals.
Network Organization
Network social organisations are fluid, virtual entities comprising people, social groups, and companies, typically without a common legal foundation. Impact is achieved through close collaboration and effective information exchange in specific fields. Members are driven by the need for foundational technologies that simplify their work, requiring minimal effort. With no particular boundaries or restrictions, these organizations can grow significantly and generate fundamental technologies, standards, and frameworks.
Society
A society is a more formal, structured network organization designed to add continuous value to a specific industry or cause. By creating best practices, frameworks, and fundraising for basic research, societies aim to foster long-term advancements and innovations.
Public Good Solutions
Public good solutions are collaborative efforts involving diverse stakeholders united by a common goal. These solutions are typically global and long-term. They consist of basic frameworks or exponential, self-reinforcing systems designed to tackle some of the world's biggest problems.
Unions for Collaborative Philanthropy
With 1.3 million nonprofit foundations in the US, the philanthropic market remains at 2% of GDP and is shrinking. Despite numerous efforts, low collaboration and limited capability-sharing between nonprofits and stakeholders hinder progress. Each organisation fights for its share, often exacerbating problems through quick fixes. This lack of coordination results in fragmented efforts and accidental adversarial structures.
Public Initiatives
Most public initiatives are built organically from the bottom up, challenging acute social problems. However, these initiatives often face opposition from large, affected businesses and struggle to mount strong resistance. As a result, millions of public initiatives die in infancy.
Post Mortem
Institute
Institutes are immortal organizations that perpetuate your legacy in a way few other methods can. Their roles in society are invaluable, supporting a wide range of causes from science and art to human rights. Institutes add continuous value, playing a crucial role in the development of talents, advancing public interests, and protecting rights.
Award
An award is a powerful way to leave a lasting legacy. By recognizing and rewarding excellence, an award can inspire creativity and innovation among millions of participants, continually reminding us of the greater causes and evolutionary purpose of humanity.
We either make history or become history
Foundation
Projects
Policies
Funds
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