--- title: "Meaning & Key Takeaway of: Today, philanthropy is a very…" description: "\"Today, philanthropy is a very unsophisticated, old world process where people who make a shitload of money go and give it away and when they're making ..." image: "https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png" --- # Today, philanthropy is a very unsophisticated, old world… ![“Today, philanthropy is a very unsophisticated, old world process where people who make a shitload of money go and give it away and when they're making their money, they're focused on 10x, 100x returns on the dollar.” quote by Peter Diamandis](https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png) [Download](https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png) [Open image](https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png) > “Today, philanthropy is a very unsophisticated, old world process where people who make a shitload of money go and give it away and when they're making their money, they're focused on 10x, 100x returns on the dollar.” [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Philanthropy is driven by wealthy individuals seeking massive returns, making it outdated and inefficient. **In simple terms:** Wealthy donors chase big returns, not impact. Key Takeaway Seek impact‑focused giving over profit motives. Themes philanthropy wealth impact Mood inspirational challenging Type philosophical practical When to use this quote - charitable foundations - venture philanthropy - social impact investing Key Concepts social entrepreneurship investment strategies Questions to Reflect On - How can donors align profit with purpose? - What models ensure effective philanthropy? A Different Perspective High returns may conflict with altruistic goals. ★ ★ ★ ★ ★ No ratings yet [Dollars](https://sms4smile.com/quotes/about/dollars/) [Focused](https://sms4smile.com/quotes/about/focused/) [Giving](https://sms4smile.com/quotes/about/giving/) [Making money](https://sms4smile.com/quotes/about/making-money/) [Money](https://sms4smile.com/quotes/about/money/) [Old world](https://sms4smile.com/quotes/about/old-world/) [People](https://sms4smile.com/quotes/about/people/) [Philanthropy](https://sms4smile.com/quotes/about/philanthropy/) [Process](https://sms4smile.com/quotes/about/process/) [Today](https://sms4smile.com/quotes/about/today/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [The thing about frontiers, it allows the individuals who are best, whether they're men or women or minorities or whatever, to step to the…](https://sms4smile.com/quotes/peter-diamandis/the-thing-about-frontiers-it-allows-the-individuals-who-are-best/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [“There are many in this old world of ours who hold that things break about even for all of us. I have observed for…](https://sms4smile.com/quotes/bat-masterson/there-are-many-in-this-old-world-of-ours-who-hold-that-things-break/) [Bat Masterson](https://sms4smile.com/quotes/author/bat-masterson/) > [He became another data point in the American experiment of self-government, an experiment statistically skewed from the outset, because it wasn't the people with…](https://sms4smile.com/quotes/jonathan-franzen/he-became-another-data-point-in-the-american-experiment-of-self/) [Jonathan Franzen](https://sms4smile.com/quotes/author/jonathan-franzen/) > [“If a man couldn't escape what he came from, we would most of us still be peasants in Old World hovels. But, if, having…](https://sms4smile.com/quotes/john-graves/if-a-man-couldn-t-escape-what-he-came-from-we-would-most-of-us-still/) [John Graves](https://sms4smile.com/quotes/author/john-graves/) > [“You must know, my loved one, that there are beings in the elements which almost appear like mortals, and which rarely allow themselves to…](https://sms4smile.com/quotes/friedrich-de-la-motte-fouqu/you-must-know-my-loved-one-that-there-are-beings-in-the-elements/) Friedrich de la Motte Fouqué > [“It was a brave old world.”](https://sms4smile.com/quotes/mark-a-rayner/it-was-a-brave-old-world/) [Mark A. Rayner](https://sms4smile.com/quotes/author/mark-a-rayner/) > [You're in a terrible spot. It's too late for you to retreat but too soon to act. All you can do is witness. You're…](https://sms4smile.com/quotes/carlos-castaneda/you-re-in-a-terrible-spot-it-s-too-late-for-you-to-retreat-but-too/) [Carlos Castaneda](https://sms4smile.com/quotes/author/carlos-castaneda/) > [“His ex-wife dumped him and the kids." Sophia's gaze lifted from the wine she held, met his. "Dumped?" "Yeah, decided there was a big…](https://sms4smile.com/quotes/nora-roberts/his-ex-wife-dumped-him-and-the-kids-sophia-s-gaze-lifted-from-the/) [Nora Roberts](https://sms4smile.com/quotes/author/nora-roberts/) > [Bird taxonomy is a difficult field because of the severe anatomical constraints imposed by flight. There are only so many ways to design a…](https://sms4smile.com/quotes/jared-diamond/bird-taxonomy-is-a-difficult-field-because-of-the-severe-anatomical/) [Jared Diamond](https://sms4smile.com/quotes/author/jared-diamond/) > [The notion that you could discard the old world and now make a new one. This is what was so bad about Modernism.](https://sms4smile.com/quotes/jane-jacobs/the-notion-that-you-could-discard-the-old-world-and-now-make-a-new/) [Jane Jacobs](https://sms4smile.com/quotes/author/jane-jacobs/) > [“The world remembers the battle ever since by the taxis. A hundred of them were already in the service of the Military Government of…](https://sms4smile.com/quotes/barbara-w-tuchman/the-world-remembers-the-battle-ever-since-by-the-taxis-a-hundred-of/) [Barbara W. Tuchman](https://sms4smile.com/quotes/author/barbara-w-tuchman/) > [I read American sagas (of the west) and I do not see people who went in search of material things. I see people who…](https://sms4smile.com/quotes/alan-keyes/i-read-american-sagas-of-the-west-and-i-do-not-see-people-who-went-in/) [Alan Keyes](https://sms4smile.com/quotes/author/alan-keyes/) > [“In these days of faith-cures, and hypnotism, and telepathy, and subliminalities – why, the simple old world grows very confusing. But rarely, very rarely novel.”](https://sms4smile.com/quotes/walter-de-la-mare/in-these-days-of-faith-cures-and-hypnotism-and-telepathy-and/) [Walter de la Mare](https://sms4smile.com/quotes/author/walter-de-la-mare/) > [What one thing does the world need most today-apart, that is, from the all-inclusive thing we call righteousness? Aren't you inclined to agree that…](https://sms4smile.com/quotes/b-c-forbes/what-one-thing-does-the-world-need-most-today-apart-that-is-from-the/) [B. C. Forbes](https://sms4smile.com/quotes/author/b-c-forbes/) > [“The mission is, not to replace old world mindlessness with new world mindlessness, but to put an end to all forms of brainless authoritarianism.”](https://sms4smile.com/quotes/abhijit-naskar/the-mission-is-not-to-replace-old-world-mindlessness-with-new-world/) [Abhijit Naskar](https://sms4smile.com/quotes/author/abhijit-naskar/) ## More by Peter Diamandis > [I believed that once we got to the Moon, there was no stopping us. But in fact, we did stop.](https://sms4smile.com/quotes/peter-diamandis/i-believed-that-once-we-got-to-the-moon-there-was-no-stopping-us-but/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [My personal fascination with the power of the crowd has been growing: Exactly what can a 'crowd' accomplish? We know crowds can raise billions…](https://sms4smile.com/quotes/peter-diamandis/my-personal-fascination-with-the-power-of-the-crowd-has-been-growing/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [A Masai warrior on a cellphone in the middle of Kenya has better mobile comm than President Reagan did 25 years ago.](https://sms4smile.com/quotes/peter-diamandis/a-masai-warrior-on-a-cellphone-in-the-middle-of-kenya-has-better/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [I think people are dreaming big because they have the tools to dream big. I hope that people are dreaming big because it makes…](https://sms4smile.com/quotes/peter-diamandis/i-think-people-are-dreaming-big-because-they-have-the-tools-to-dream/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Most advertisers spend millions upon millions of dollars to buy commercial time during the Super Bowl, and millions in creating eye-popping ads, hoping to…](https://sms4smile.com/quotes/peter-diamandis/most-advertisers-spend-millions-upon-millions-of-dollars-to-buy/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Now, we connect via Skype or Google+ Hangout and see our friends' and loved ones' faces live.](https://sms4smile.com/quotes/peter-diamandis/now-we-connect-via-skype-or-google-hangout-and-see-our-friends-and/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [If you can make a big impact on the global literacy problem, you can uplift a big portion of society.](https://sms4smile.com/quotes/peter-diamandis/if-you-can-make-a-big-impact-on-the-global-literacy-problem-you-can/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Drones photograph, prospect and advertise real estate from golf courses to skyscrapers; they also monitor construction in progress.](https://sms4smile.com/quotes/peter-diamandis/drones-photograph-prospect-and-advertise-real-estate-from-golf/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Life on Earth is at an ever-increasing risk of being wiped out by disaster. ... I think the human race doesn't have a future…](https://sms4smile.com/quotes/peter-diamandis/life-on-earth-is-at-an-ever-increasing-risk-of-being-wiped-out-by/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [If the idea is really new and unique and big, other people will all think it is bad and is going to fail.](https://sms4smile.com/quotes/peter-diamandis/if-the-idea-is-really-new-and-unique-and-big-other-people-will-all/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Your mindset matters. It affects everything - from the business and investment decisions you make, to the way you raise your children, to your…](https://sms4smile.com/quotes/peter-diamandis/your-mindset-matters-it-affects-everything-from-the-business-and/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [As lower-cost phones begin to penetrate, they'll become the educator and physician everywhere on the planet.](https://sms4smile.com/quotes/peter-diamandis/as-lower-cost-phones-begin-to-penetrate-they-ll-become-the-educator/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [You either disrupt your own company or someone else will.](https://sms4smile.com/quotes/peter-diamandis/you-either-disrupt-your-own-company-or-someone-else-will/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Your mission is to find a product or service that can positively impact the lives of 1 billion people because that's the game we're…](https://sms4smile.com/quotes/peter-diamandis/your-mission-is-to-find-a-product-or-service-that-can-positively/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [In 1820, the average lifespan was just 26 years. Twenty-six years!](https://sms4smile.com/quotes/peter-diamandis/in-1820-the-average-lifespan-was-just-26-years-twenty-six-years/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) [Explore all 232 Peter Diamandis quotes ](https://sms4smile.com/quotes/author/peter-diamandis/) ## More Dollars quotes > [If I had a dollar for every time I couldn’t sleep, I could buy a billion locks and finally read a book in peace.](https://sms4smile.com/quotes/aesop-rock/if-i-had-a-dollar-for-every-time-i-couldn-t-sleep-i-could-buy-a/) [Aesop Rock](https://sms4smile.com/quotes/author/aesop-rock/) > [This welfare for wealthy companies wastes taxpayer dollars, harms the environment, and makes a mockery of the recent reductions in federal social spending programs.](https://sms4smile.com/quotes/ralph-nader/this-welfare-for-wealthy-companies-wastes-taxpayer-dollars-harms-the/) [Ralph Nader](https://sms4smile.com/quotes/author/ralph-nader/) > [I love being in Malibu. It's so cool there, and the water is just, it's nice and, and I love the beach. And I…](https://sms4smile.com/quotes/jackie-evancho/i-love-being-in-malibu-it-s-so-cool-there-and-the-water-is-just-it-s/) [Jackie Evancho](https://sms4smile.com/quotes/author/jackie-evancho/) > [The greatest charity you can contribute to is yourself. Instead of spending a dollar to help feed hungry children, why not spend that dollar…](https://sms4smile.com/quotes/zach-braff/the-greatest-charity-you-can-contribute-to-is-yourself-instead-of/) [Zach Braff](https://sms4smile.com/quotes/author/zach-braff/) > [If I had a million dollars, I just wouldn't just completely set back. I'd have to get out there and show my face to…](https://sms4smile.com/quotes/muddy-waters/if-i-had-a-million-dollars-i-just-wouldn-t-just-completely-set-back-i/) [Muddy Waters](https://sms4smile.com/quotes/author/muddy-waters/) > [As far as Japan is concerned, I want to help all of our allies, but we are losing billions and billions of dollars. We…](https://sms4smile.com/quotes/donald-trump/as-far-as-japan-is-concerned-i-want-to-help-all-of-our-allies-but-we/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Some day I'll write a book and call it 'How I Got the Nickname Pumpsie' and sell it for one dollar, and if everybody…](https://sms4smile.com/quotes/pumpsie-green/some-day-i-ll-write-a-book-and-call-it-how-i-got-the-nickname-pumpsie/) Pumpsie Green > [I'm part of a team that raises millions of dollars and raises awareness of HIV and AIDS all over the world.](https://sms4smile.com/quotes/linda-evangelista/i-m-part-of-a-team-that-raises-millions-of-dollars-and-raises/) [Linda Evangelista](https://sms4smile.com/quotes/author/linda-evangelista/) > [France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French…](https://sms4smile.com/quotes/tyler-cowen/france-has-not-only-built-a-bureaucratic-barrier-against-american/) [Tyler Cowen](https://sms4smile.com/quotes/author/tyler-cowen/) > [Right now, the government is spending billions of dollars supporting the problem-makers in the U.S. economy - the polluters, despoilers, incarcerators, and warmongers.](https://sms4smile.com/quotes/van-jones/right-now-the-government-is-spending-billions-of-dollars-supporting/) [Van Jones](https://sms4smile.com/quotes/author/van-jones/) > [In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation…](https://sms4smile.com/quotes/martin-feldstein/in-short-both-experience-and-economic-theory-imply-that-the-us-could/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [I think we need to talk about mental illness a lot more. People complain about tax dollars and say we don't have the money.…](https://sms4smile.com/quotes/nia-long/i-think-we-need-to-talk-about-mental-illness-a-lot-more-people/) [Nia Long](https://sms4smile.com/quotes/author/nia-long/) > [A man with a million dollars can be as happy nowadays as though he were rich.](https://sms4smile.com/quotes/ward-mcallister/a-man-with-a-million-dollars-can-be-as-happy-nowadays-as-though-he/) Ward McAllister > [Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars…](https://sms4smile.com/quotes/muhammad-yunus/here-we-were-talking-about-economic-development-about-investing/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [I used to sit in front of McDonald's and ask people for dollars to get me a cheeseburger. It was bad.](https://sms4smile.com/quotes/t-pain/i-used-to-sit-in-front-of-mcdonald-s-and-ask-people-for-dollars-to/) [T-Pain](https://sms4smile.com/quotes/author/t-pain/) [Browse all 2,882 Dollars quotes ](https://sms4smile.com/quotes/about/dollars/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Today, philanthropy is a very unsophisticated, old world process where people who make a shitload of money go and give it away and when they're making their money, they're focused on 10x, 100x returns on the dollar.", "creator": { "@type": "Person", "name": "Peter Diamandis" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/peter-diamandis/today-philanthropy-is-a-very-unsophisticated-old-world-process-where/", "about": { "@type": "Thing", "name": "Dollars" }, "@id": "https://sms4smile.com/quotes/peter-diamandis/today-philanthropy-is-a-very-unsophisticated-old-world-process-where/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png", "contentUrl": "https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png", "url": "https://sms4smile.com/quotes/i/97f/peter-diamandis-1516_dollars_today-philanthropy-is-a-very-unsophistic_2366119.png", "width": 1080, "height": 1080, "caption": "“Today, philanthropy is a very unsophisticated, old world process where people who make a shitload of money…” — Peter Diamandis", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Peter Diamandis", "item": "https://sms4smile.com/quotes/author/peter-diamandis/" }, { "@type": "ListItem", "position": 4, "name": "Today, philanthropy is a very unsophisticated,...", "item": "https://sms4smile.com/quotes/peter-diamandis/today-philanthropy-is-a-very-unsophisticated-old-world-process-where/" } ], "@id": "https://sms4smile.com/quotes/peter-diamandis/today-philanthropy-is-a-very-unsophisticated-old-world-process-where/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```