Philanthropy's Shift Toward Entrepreneurism | Fast Company: Undoubtedly the answer is that we need all three. The question is in what proportion should these be balanced? For the better part of the 20th century, philanthropists were not inclined to think too much about it. If you were a wealthy American, you paid your taxes and you wrote checks to charities. You let others figure out how best to spend your money.
That has changed dramatically. The shift is toward more direct involvement in philanthropic work. In a word, philanthropy has become entrepreneurial. As tax burdens likely increase on America's wealthy, that trend will continue to grow.
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