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A New Model for Philanthropy April 23, 2008
Peter Diamandis    |   X PRIZE Foundation
Entrepreneurial Thought Leader Speaker Series
Views: 3096
Creative Commons License
Traditional philanthropy invests in a limited circle of people, whereas the X PRIZE, says its founder Peter Diamandis, funds a broader landscape of people and ideas that succeed. Diamandis is encouraging large foundations like the Carnegies and the Fords to consider adding cash incentive prizes into their portfolio of philanthropy, as he believes the rewards from this new form of public enrichment and exploration are much richer.

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