Hello Quartz members—
Our deep dive this week for members focuses on what’s really going on in philanthropy these days.
At a high level, philanthropy is more analytics focused and results oriented. It’s more global and collaborative. The Gates Foundation has focused on “lives saved per dollar.” Even small nonprofits, such as the family foundation Citrone 33, are adjusting their approach to involve expert consultation and a greater focus on effectiveness. “We no longer, you know, just write checks to whoever will ask—we think about the impact that we’re going to be making,” said Gabriella Citrone.
Throughout this week, you’ll have access to installments on this topic from Quartz reporter Natasha Frost, starting with her state-of-play memo today.
If you missed it, you can find last week’s field guide on the business of our personal data here. And if you’re interested in why Quartz reporter Alison Griswold cancelled her Amazon Prime membership despite the enticements of Prime Day, you can read that here.
We’ve also published a new episode in our popular Because China video series, focused on China’s role in rebuilding Greece’s economy and the toehold in Europe that provides to China in turn. Wealthy Chinese are flocking to Greece thanks to a generous “golden visa” investment program launched in 2013 that offers residency for as little as €250,000 invested. Greece is also seeing an influx of Chinese tourists, and Chinese government investment in infrastructure. We take you to Greece for a look at what this all means.
We have two member conference calls scheduled for this week. You can join our call on Deutsche Bank and the future of investment banking with finance reporter John Detrixhe and global finance editor Jason Karaian on Tuesday, July 16, at 8am PT/11am ET/4pm GMT. Natasha Frost and deputy finance editor Oliver Staley will discuss this week’s report on philanthropy on Friday, July 19, at the same time. Join us at this link for the 30-minute members-only videoconference calls. If you’re on your phone, you can call into the conferences at either +1 408 740 7256 in the US or +44 203 608 5256 in the UK; for both numbers, the meeting code is 722 994 440.
If you’re interested in our tackling any specific topics, or have other feedback, we’d love to hear from you—you can email us at firstname.lastname@example.org.
Have a great week!
Kevin J. Delaney
Cofounder and editor in chief