In a keynote address to the 2019 LIFE & LEGACY/Create a Jewish Legacy Leadership Gathering sponsored by the Harold Grinspoon Foundation and The Jewish Federations of North America, JFN President & CEO Andrés Spokoiny discusses the "disintermediation of the world": the removal of "middleman" functions in all aspects of life—including philanthropy, where centralized communal giving has been challenged by the rapid growth of independent philanthropy. This trend brings both problems and opportunities.