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Founder of Pallotta TeamWorks; founder of the Charity Defense Council
United States · b. 1961
Created the multi-day AIDS Rides and Breast Cancer 3-Day charity events in the 1990s through his company Pallotta TeamWorks. He later founded the Charity Defense Council, which campaigns against overhead-ratio measurement of non-profits.
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This is what happens when we confuse morality with frugality. We've all been taught that the bake sale with five percent overhead is morally superior to the professional fundraising enterprise with 40 percent overhead, but we're missing the most important piece of information, which is: What is the actual size of these pies? Who cares if the bake sale only has five percent overhead if it's tiny?
Recorded TED2013, 1 March 2013 source
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