“Quick strikes” and “patient capital”: Steve McCormick sees foundations doing two things nothing else can

11/27/2013 |

Summary

Foundations can take risks no other societal force can, says Steve McCormick. One encompasses big changes requiring “patient capital” to persevere over a long time. The other involves “a quick strike with a lot of money” and without perfect information.
See More Remarkable Givers
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.
Permissions beyond the scope of this license are available in our Terms and Conditions.

Show Comments

More Articles To Read

Pay What It Takes 

Pay What It Takes 

Remarkable Givers Video 

11/27/2013