What is Ineffective Philanthropy
The book Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-Being lists the importance of philanthropy as, "it [philanthropy] solves the “problem of wealth” and its corollary of the presence of vast inequality in capitalist economies" (Zoltan 1). The goals of philanthropy are therefore to improve the wellbeing of humans by solving social and structural problems while dealing with the monetary inequality. In developing countries these goals can be solidified more to focus on developing countries society and infrastructure to improve the wellbeing of people.
In the last two decades,
Ultimately, because philanthropy in developing countries carries such important responsibilities, it is vital to examine its efficacy and challenges. Our goal was not to disparage the work of nonprofits or only showcase the negative side of nonprofit corruption and inefficiency. Rather, we hoped to determine what qualities allow nonprofits to create lasting positive change successfully. To do this, we analyzed cases of ineffective and effective NGOs in the Caribbean, Asia, and Latin America.
