New Zuckerberg-Chan Pledge Exceeds All of America’s 2014 Charitable Giving (not really)

December 2nd, 2015  |  Source: NPQ

Source; Washington Post

CORRECTION from NPQ: Please excuse our error in today's newswire for the article on the Zuckerberg-Chan pledge.

The original version of this article incorrectly stated that the size of the Zuckerberg-Chan pledge was larger than total private giving in the U.S. in 2014. It is not. The pledge is $45 billion against $358 billion in all U.S. giving. This change is now reflected in the article. 

In a letter on Facebook, Mark Zuckerberg and his wife, Priscilla Chan, announced both the birth of their first child and their intention to give away Facebook shares currently reported to be worth $45 billion. That sum, by the way, exceeds by a little under $7 billion all of what Americans—all 322 million of us—collectively gave away last year—and that total was an all-time high. He will, of course, not disburse it all at once, but still…

 

This re-surfaces our concern voiced earlier this year about the effects of a growing wealth gap on our democracy, especially at a moment when so many public systems are integrating philanthropic dollars that have the potential to diminish the voices of others. Such philanthropic approaches smack of colonialism and carry with them an anti-democratic assumption that can only perpetuate and worsen inequality. Zuckerberg, of course, has had the experience of trying to buy an outcome in such a system with Newark, New Jersey’s schools.

 

Yet the focus of the Chan-Zuckerberg family’s giving is declared to be “advancing human potential” and “promoting equality.” In the letter, the couple spends quite a bit of time laying out the importance of the approach in making any of this happen.

1.     We must make long-term investments over 25, 50, or even 100 years. The greatest challenges require very long time horizons and cannot be solved by short-term thinking.

2.     We must engage directly with the people we serve. We can’t empower people if we don’t understand the needs and desires of their communities.

3.     We must build technology to make change. Many institutions invest money in these challenges, but most progress comes from productivity gains through innovation.

4.     We must participate in policy and advocacy to shape debates. Many institutions are unwilling to do this, but movements to be sustainable must support progress.

5.     We must back the strongest and most independent leaders in each field. Partnering with experts is more effective for the mission than trying to lead efforts ourselves.

6.     We must take risks today to learn lessons for tomorrow. We’re early in our learning and many things we try won’t work, but we’ll listen and learn and keep improving.

These points do not necessarily represent a coherent set of values strong enough to counter the enormous financial footprint of this pledge. We are frankly most interested in the third point, and we wonder about the potential conflict between that and the sixth point. As we all know, sometimes so-called independent experts and the people do not agree about what is in their best interests. We’d like to see redraft of this with an acknowledgement of the inherent and enormous danger in this massive gift and a prioritizing of the third over the sixth in any area of grant making that occurs in relationship to democratic systems or systems where top-down (or even expert-driven) decision-making is a abrogation of the decision-making of those who will have to live with the consequences.

Putting this together with his announcement two weeks ago that his new philosophy about giving was to “move slow and build things,” it appears that the Chan-Zuckerberg family is considering the question of who will drive the bus on transformational community change. That, after all, is a question quite central to any version of equality most of us would want to be a part of, and when you have $45 billion to throw around, non-colonial use of that would take a heaping helping of systematically adopted humility.




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