Local News | New CEO: Gates Foundation learns from experiments | Seattle Times Newspaper: "Some people might cringe while recounting how much money the foundation spent figuring this out. But the foundation's new CEO, Jeff Raikes, smiles and uses it as an example to explain that the charity has the money to try things that might fail.
'Almost by definition, good philanthropy means we're going to have to do some risky things, some speculative things to try and see what works and what doesn't,' Raikes said Wednesday during an interview with The Associated Press."
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