Jeremy Tice

Can we...just accept that we suck at this? I want to tell you a story that has made me kinda hopeless about Twitter's ability to affect positive things happening, and it starts with this tweet from Hillary Clinton. xitter.gq/HillaryClinton/status/…

Some Money Talk... Because of how the P4A works, we raise money all throughout the year now, but don't send it out until after the livestream. That means that we can have as much as a million dollars in the bank for over six months. So we put that money in a CD so that it can generate a little extra income. It's 5% for six months so a meaningful amount...maybe $25,000. The thing is, you can look at that and say, "Oh, why not just do that? Why not take all of the money the P4A has ever raised and, instead of donating it, you could earn 5% on it and then donate the 5% forever?" This is what endowments are and that's how they work. If we did this (WHICH WE WOULD NOT (which i'll get into)) then there would be like $15M in that account and we'd be donating $750,000 per year...theoretically forever. That sounds amazing! There are a lot of people who are very compelled by endowments like this, because the main nugget of money never goes away and is always throwing off more good into the world. This misses something very important. It imagines that donations are one-time goods while capital throwing off money in an endowment is a forever good. But that's not the reality. The reality is, when you donate money, the good that money does does not vanish the moment the money is spent, it continues to do good forever, you just can't see it anymore. If you help a mother not die in childbirth, then that doesn't just do good that one time, it does good for her and her community and her children for the rest of her life...longer than the rest of her life! Her children will have the support of that person who otherwise would have died. They will continue to live healthier and better lives because they did not lose their mother as children. They will be better prepared to serve their own community and their own children. Those returns continue /forever/. There is economic return on donations, they are just returns that you can't see as a number in your bank account. And those returns are MUCH BIGGER than 5% per year. If you are a person with money and you have a charitable giving account and you can see that there is currently more money in that account than you have ever donated...I'm sorry but you are doing it wrong. The money needs to get out and do good now. There isn't some future time when it will be more capable of doing more good because it has grown. It needs to get into the world. It can be doing so much good. And if you don't know what to do with it, just send us an email at [email protected]. We've got you.