Sean Stannard-Stockton on how the growth of individual philanthropy could [or couldn't] diminish the influence of large philanthropic institutions:

We are in the midst of a tidal shift from institutions towards individuals. But this shift is not about a zero sum game where individuals take power from institutions. Instead, it is about a growing pie, as the role of philanthropy gains importance in our culture and participation rates soar.

I respectfully disagree. We live in a quick response world. The faster we can make something happen the more impact we can have. Individuals can do that. Foundations can't. Sure, there's always room for well-thought-out solutions to seemingly intractable problems, but private foundations think themselves to death. In the current age, private foundations are the dinosaurs, for the most part unable and unwilling to adapt to how the world works, hoping they can still throw their weight around enough to maintain influence. They may continue to have a big piece of the pie, but it'll be so stale it won't be worth eating.