The value added approach of contemporary entrepreneurial philanthropy

This paper introduces the "value added approach" within contemporary entrepreneurial philanthropy. It explores how wealthy entrepreneurs are increasingly applying business principles and investment strategies to their philanthropic endeavors, aiming for transformational social goals rather than traditional charitable giving. The authors examine the ethical implications and motivations behind this shift, comparing entrepreneurial philanthropy with customary philanthropy. The research analyzes narratives from elite philanthropists to reveal underlying motivations and how this approach influences the established socio-economic order. It suggests that while seemingly efficacious for social justice, entrepreneurial philanthropy might be ethically flawed by an impulse towards ideological purity.