Last year, TED announced the Audacious Project: a massive philanthropic effort to fund projects tackling specific but pernicious issues across the globe. According to Chris Anderson, the head of TED, the Audacious Project “came out of people in the TED community saying, ‘Do more, turn ideas into action.'” TED is now a nonprofit with an annual revenue of over $66 million; its annual conference costs thousands to attend, and draws attendees from the nonprofit, business, and impact communities. People were getting frustrated, Anderson says, that the organization was not doing enough to actively support the kinds of ideas it brought onto the stage.
