Challenging The Big Funders: Philanthropy Startup Targets Billionaires And Their Giving

At the top end, philanthropy is a disproportionate business. The largest funders, the big foundations, the massive fortunes and their grant officers enjoy a position of power over nonprofits and social entrepreneurs that’s similar – if not more dominant – to the venture capital and startup equation. And while that’s not likely to change any time soon, one new player on the U.S. philanthropy scene is aiming to level the playing field just a bit, with reporting on how foundations give their money away – and ratings on how well (or poorly) they do so.