The Value Added Approach of Entrepreneurial Philanthropy

This paper examines entrepreneurial philanthropy, characterized by its pursuit of transformational social goals through philanthropic investment guided by entrepreneurial principles. It highlights how super-wealthy entrepreneurs extend their influence from economic to social and political domains. The authors compare entrepreneurial philanthropy with customary philanthropy, which favors supporting established institutions. Based on interviews with UK philanthropists, the study uncovers two ethically charged narratives behind elite philanthropic motivations, both maintaining the socio-economic order. It concludes that entrepreneurial philanthropy, despite its perceived efficacy for social justice, is ethically flawed by a drive for ideological purity.