Philanthropy is the market for love. It is the market for all those people for whom there is no other market coming.

We have a visceral reaction to the idea that anyone would make very much money helping other people. Interesting that we don't have a visceral reaction to the notion that people would make a lot of money NOT helping other people.

When you prohibit failure, you kill innovation.

We aren't upset when Paramount makes a $200 million movie that flops, but if a charity experiments with a $5 million fundraising event that fails, we call in the attorneys. So charities are petrified of trying bold new revenue-generating endeavors and can't develop the powerful learning curves the for-profit sector can.

Our generation does not want its epitaph to read, 'We kept charity overhead low.' We want it to read that we changed the world.

Philanthropy is the market for love. It is the market for all those people for whom there is no other market coming.

Everyone wants charities to spend as little as possible on overhead. That's backwards. Overhead is what drives growth. If charities can't grow, they can't solve problems. So overhead is a good thing. And I'm overhead.