I
was president of Point Foundation. Point was started by Stewart Brand
with the royalties from the printing of the Last Whole Earth Catalog.
The
object of the foundation was to find and invent new forms of charitable
giving that would be more productive and more useful than the pathetic
world of charity that Stewart, and everyone else on the board of Point,
knew to be a universal problem.
We
tried every form of giving we could imagine. One was to make
unsolicited grants to individuals of $25,000 with no strings or
conditions attached. We selected our grantees carefully.
Many
were failures and a few were successes. After evaluation we concluded
that the successes would have been successes even without our grants.
Our
unsolicited-no-conditions grants to individuals was copied a decade
later by the MacArthur Foundation. The grants, popularly called 'genius
awards' are rather strange, as we learned from our own experiments.
Only
two of my friends have ever gotten a MacArthur, both were well
deserved. But of the hundreds of people I've known or interviewed only
2 got a MacArthur.
Out of the 500+
MacArthur Awards, I suspect that the 2 I know indicate that the
methodology is corrupt, in addition to being useless.
My experience suggests the MacArthur's are irrelevant. Anyone know otherwise?