{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Felpodcastmedia.simplecast.com%2Fepisodes%2Fe66-the-dark-side-of-philanthropy-5SHCWhiC","width":444,"version":"1.0","type":"rich","title":"E66: The Dark Side of Philanthropy - w/ Dr. Amy Schiller ","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/65070c62-7215-49be-b01a-13dafa85dcab/36ec3d65-3e36-4bf1-b839-b778a9cf468b/el-podcast-sc-thumbs.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"","height":200,"description":"Dr. Amy Schiller, author of 'The Price of Humanity: How Philanthropy Went Wrong and How to Fix It,' discusses the flaws and challenges within the philanthropy sector. She draws on her 15 years of experience in fundraising and consulting to critique the trends she observed, such as the shift towards a more utilitarian approach and the prioritization of donor satisfaction. Schiller also highlights the need for reform in philanthropy, including addressing tax avoidance, regulating donor-advised funds, and reevaluating the tax deductibility of donations. She emphasizes the importance of redeeming the idea of philanthropy as an activity that affirms the humanity of all and promotes justice. The conversation explores the themes of the Night of the Fire and the controversy surrounding philanthropy. It delves into the misuse of philanthropy and the issues with trusts and foundations. The role of philanthropy and its potential as an add-on to public goods is discussed. The prototype of philanthropy is examined through the example of LeBron James. The need to democratize elite institutions and the reinforcement of the status quo are explored. Solutions for philanthropy are proposed, and feedback on the book is shared. The importance of redistributing power is emphasized, and prospects for reforms in philanthropy are considered."}