SlideShare a Scribd company logo
What Went Wrong:
How to Fix Charity
Brett Hagler
CEO, New Story
“Charity”
$373,000,000,000
•70% Individual
•16% Foundations
•9% Bequests
•5% Corporate
5%
9%
16%
70%
43%
Don’t Trust Charity
“Inefficient”
“Untrustworthy”
“Blackhole”
h
What Went Wrong:
Innovative Business
• Founded to challenge status quo
• Standard of excellence and rigor
• Culture of forward thinkers with
competency to innovate
Charity
• Mission to do good
• Lower expectations, standards
• Culture creates lack of
competency to innovate/execute
A New Culture Will Fix It
1. Transparency
2. Innovation
3. Direct Results
Culture of
Innovation and
Transparency
For-profit
excellence and
rigor
“Charity”
Attack
fundamental
problems of
mankind
Love and
compassion
Sashu’s story

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