Laura Arrillaga-Andreessen, a lecturer at Stanford University, on what makes a philanthropist:
WSJ: How do you define a philanthropist?
Ms. Arrillaga-Andreessen: A philanthropist is anyone who gives time, money, experience, skills, networks [or] passion. The only thing that you need is generosity.
For example, [recently] after class I counseled a young computer science student who wanted to talk about how he could play a role in changing how engineering is taught globally. So we started developing a strategy for how he could start blogging, email professors, networking with other Stanford engineering alumni, and create some momentum through his own actions that have nothing to do with money, but rather have to do with his time, his intellect and his social capital.
Technology is disrupting the way we communicate, connect, create and consume, and philanthropy is no exception. Take [nonprofit lending platform] Kiva, which was actually co-founded by one of my former business school students, Jessica Jackley. We’re talking about the rise of the $10 philanthropist, the $25 philanthropist.
Philanthropy is now accessible to anyone of any age, of any financial resources, in any geographic location.