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The Future of Philanthropy and Purpose-Driven Wealth with David Goldberg

Author
Izzy Muncaster
Published
Thu 21 Dec 2023
Episode Link
https://shows.acast.com/high-net-purpose/episodes/high-net-purpose-david-goldberg-founders-pledge-the-philanth

David Goldberg is the Founder and CEO of Founders Pledge, a global non-profit organisation empowering entrepreneurs to do the most good with their charitable giving. To date, they have pledged over $10 billion to charity and donated over $1 billion and have been recognised as one of the most high-impact charities. Operating globally across 40 countries, with more than 2,000 members who have committed to donating a percentage of their personal proceeds upon exiting their businesses to charity.

 

We discuss:

  • The hardship of the entrepreneurial journey.
  • How philanthropy can help the world.
  • How to give and donate effectively.
  • Climate change as one of the great market failures.
  • The benefits of Donor Advised Funds (DAFs).
  • Emerging areas of giving.
  • The impact of collaboration.

 

Chapters

00:00 – Welcome to High Net Purpose

00:16 – Meet David Goldberg — Founder of Founders Pledge

02:37 – From Startup to Philanthropy: David’s Early Journey

05:06 – How Founders Pledge Was Born — And What Makes It Work

06:20 – Rethinking Philanthropy: How to Give Strategically

13:14 – Why Traditional Markets Fail — And Philanthropy Can Fill the Gaps

15:08 – Tackling Climate Change Through Effective Giving

17:08 – Philanthropy’s Role in Global Health, Development & Existential Risk

21:34 – Why Entrepreneurial Diversity Matters in Philanthropy

22:27 – How Founders Pledge Keeps Members Engaged and Impact-Focused

22:54 – Expanding the Boundaries of What Philanthropy Can Solve

24:08 – Aligning Philanthropy with Intrinsic Values

26:16 – How to Maximize Impact per Dollar: The Case for “Impact Alpha”

28:41 – Funding Strategy: How Founders Pledge Does Due Diligence

35:11 – Donor-Advised Funds vs. Private Foundations — What You Need to Know

39:50 – What’s Next for Founders Pledge: New Frontiers in Philanthropy

47:30 – Final Reflections on Purpose, Giving, and Long-Term Impact


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