TRENDING: Philanthrocapitalism Impact on Government. Stormwater. Pensions.+

What is philanthrocapitalism? When Zuckerberg announced he was giving away $45 billion. he didn’t set up a non-profit. He set up an LLC. 

How does it intersect with government? As an LLC it  won’t have the reporting requirements of a non-profit and can spend money on:

• funding nonprofit organizations
• making private investments
• participating in policy debates

Are there benefits to philanthrocapitalism?

• philanthrocapital could guarantee loans for storm water repairs after a toen is devasted by flood
• it could invest in Public Private Partnerships
• philanthrocapital could back stop small pensions from default

Governing | How ‘Philanthrocapitalism’ Could Transform Government