The Limits of Philanthropy

Description: “They’re doing very well without me.”

Transcript: I have a good friend of mine called Chuck Feeney. And if you haven’t interviewed Chuck Feeney . . . and he might not do an interview with you. But Chuck Feeney was a billionaire who gave away all of his money. And he did it . . . he did it . . . I’ll give you an example. _________ survival school for the Irish language. And I was trying to encourage him to give some money to it. And when we had finished he said to me . . . This was a school where parents had financed by running raffles and, you know, all of that sort of fundraising projects. And the kids were all in this big hall, and they were getting a brilliant education. So he said to me when we went through the whole thing . . . and I thought he was _____; but he says, “I’m not going to give them any money.” And I said, “Why not?” And he said, “Well, they’re doing very well without me. Perhaps if I give them money they wouldn’t do as well.” So I would take a lead from his . . . his sort of experience of philanthropy and put it into sustainable projects.

Recorded On: 10/8/2007