Entrepreneurial Philanthropy | Stanford Social Innovation Review

Entrepreneurial Philanthropy | Stanford Social Innovation Review: Andrew Carnegie once said, “It is more difficult to give money away intelligently than to earn it in the first place.” This statement still holds true today—it can seem like a daunting task.

For many of us, it’s simply a matter of giving to charities from which we feel the most “tug.” But ad hoc philanthropic actions, however well intended, are often not enough to make a real difference. Worse, they can have negative unintended consequences on the social issues they aim to fix. In Africa, for example, funders distributed mosquito nets for free to reduce the incidence of malaria but found that they were in