Dan Pallotta: How to Make Charity Pay—Why nonprofits should be allowed to harness the power of capitalism

 

As the creator of memorable and successful charity events such as the California AIDSRide, in which participants biked 575-miles from San Francisco to Los Angeles over seven days, and the Breast Cancer 3-Day Walk, in which participants covered 55 miles over several days, Dan Pallotta has long been recognized as a trailblazer in philanthropic circles. He has raised hundreds of millions of dollars for various causes and brought huge amounts of publicity to any number of issues.

In his groundbreaking new book, Uncharitable: How Restraints on Nonprofits Undermine Their Potential , Pallotta makes the case that the nonprofit sector needs to be deregulated so that it can directly harness the energy of capitalism and the profit motive in pursuit of philanthropy.

Approximately nine minutes, this interview was conducted by Reason Foundation President David Nott and filmed and edited by Alex Manning.

For audio podcast, go here.

For more information on Pallotta, visit his website.