Giving Money Away Can Be Harder Than Making It
Wealthy tech founders often find it challenging to decide how to allocate their newfound riches for philanthropic purposes. Professional advisors can assist, but many donors discover that effective giving requires ongoing effort and careful evaluation of impact. The article highlights the growing ecosystem of donor advisors and the complexities of translating financial success into meaningful social change.
- ▪Many tech founders who have earned significant wealth struggle with determining the best ways to give their money away.
- ▪Professional advisors such as wealth managers and tax specialists can help, though their primary focus may be tax efficiency rather than philanthropic impact.
- ▪Donors frequently experience disappointment when organizations do not operate as expected or when the impact of their contributions is unclear.
- ▪Effective philanthropy is described as a full‑time job involving relationship building, continuous learning, and support beyond just financial contributions.
- ▪A cottage industry of donor advisors is emerging, particularly targeting individuals in AI labs, but these advisors also have their own interests to consider.
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| Original publisher | Medium |
| Canonical URL | https://also.roybahat.com/giving-money-away-can-be-harder-than-making-it-4f4e52208741 |
| Publication time | Mon, 27 Jul 2026 05:53:51 +0000 |
| Retrieval time | 2026-07-27T05:58:41.702Z |
| Last seen | 2026-07-27T05:58:41.702Z |
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Opening excerpt (first ~120 words) tap to expand
PhilanthropyAIMoneyWealthGiving Money Away Can Be Harder than Making ItThoughts for people (at the AI labs and elsewhere) who want to make the world better with their money — Part 1 of 2Roy Bahat6 min read·Jul 10, 2026--ListenShareMaking money — gobs of it, all at once — can be a traumatic event.Setting aside the obvious: for almost everyone in the history of humanity, achieving freedom from (financial, material) fear was punishing. People died trying! Gratitude moment.Press enter or click to view image in full sizeChatGPT’s one-shot watercolor take on this pieceAnd still, you’ll have trouble figuring out what to do with the money.
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