[PDF] Legitimacy Of Philanthropic Foundations eBook

Author : Kenneth Prewitt
Publisher : Russell Sage Foundation
Page : 309 pages
File Size : 12,97 MB
Release : 2006-10-27
Category : Social Science
ISBN : 1610444612

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Though privately controlled, foundations perform essential roles that serve society at large. They spearhead some of the world's largest and most innovative initiatives in science, health, education, and the arts, fulfilling important needs that could not be addressed adequately in the marketplace or the public sector. Still, many people have little understanding of what foundations do and how they continue to earn public endorsement. The Legitimacy of Philanthropic Foundations provides a thorough examination of why foundations exist and the varied purposes they serve in contemporary democratic societies. The Legitimacy of Philanthropic Foundations looks at foundations in the United States and Europe to examine their relationship to the state, the market, and civil society. Peter Frumkin argues that unlike elected officials, who must often shy away from topics that could spark political opposition, and corporate officers, who must meet bottom-line priorities, foundations can independently tackle sensitive issues of public importance. Kenneth Prewitt argues that foundations embody elements of classical liberalism, such as individual autonomy and limited government interference in private matters and achieve legitimacy by putting private wealth to work for the public good. Others argue that foundations achieve legitimacy by redistributing wealth from the pockets of rich philanthropists to the poor. But Julian Wolpert finds that foundations do not redistribute money directly to the poor as much as many people believe. Instead, many foundations focus their efforts on education, health, and scientific research, making investments that benefit society in the long-term, and focusing on farsighted issues that a myopic electorate would not have patience to permit its government to address. Originating from private fortunes but working for the public good, independently managed but subject to legal prescriptions, philanthropic foundations occupy a unique space somewhere between the public and private sectors. The Legitimacy of Philanthropic Foundations places foundations in a broad social and historical context, improving our understanding of one of society's most influential—and least understood—organizational forms.

Author : Kenneth Prewitt
Publisher :
Page : 0 pages
File Size : 13,5 MB
Release : 2006
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ISBN :

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Though privately controlled, foundations perform essential roles that serve society at large. They spearhead some of the world's largest and most innovative initiatives in science, health, education, and the arts, fulfilling important needs that could not be addressed adequately in the marketplace or the public sector. Still, many people have little understanding of what foundations do and how they continue to earn public endorsement. The Legitimacy of Philanthropic Foundations provides a thorough examination of why foundations exist and the varied purposes they serve in contemporary democratic societies. The Legitimacy of Philanthropic Foundations looks at foundations in the United States and Europe to examine their relationship to the state, the market, and civil society. Peter Frumkin argues that unlike elected officials, who must of.

Author : Rob Reich
Publisher : Princeton University Press
Page : 258 pages
File Size : 42,61 MB
Release : 2020-05-05
Category : Philosophy
ISBN : 0691202273

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The troubling ethics and politics of philanthropy Is philanthropy, by its very nature, a threat to today’s democracy? Though we may laud wealthy individuals who give away their money for society’s benefit, Just Giving shows how such generosity not only isn’t the unassailable good we think it to be but might also undermine democratic values. Big philanthropy is often an exercise of power, the conversion of private assets into public influence. And it is a form of power that is largely unaccountable and lavishly tax-advantaged. Philanthropy currently fails democracy, but Rob Reich argues that it can be redeemed. Just Giving investigates the ethical and political dimensions of philanthropy and considers how giving might better support democratic values and promote justice.

Author : Helmut K. Anheier
Publisher : Springer Science & Business Media
Page : 269 pages
File Size : 44,10 MB
Release : 2013-11-11
Category : Business & Economics
ISBN : 1461548934

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Comparative information detailing the cultural, legal and historical environments of foundations in international settings has been scarce - until now. Written by scholars from six countries, this text covers philanthropic foundations in the world's busiest commercial centers - the U.S. and Eastern and Western Europe. It reports on the structures and mindsets that shape foundations' gift giving, and discusses different aspects of foundation management. Case studies of the French and Italian foundation communities and a comparative legal chapter are especially notable.

Author : David C. Hammack
Publisher : Brookings Institution Press
Page : 289 pages
File Size : 40,54 MB
Release : 2013-02-27
Category : Business & Economics
ISBN : 0815721951

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America's grantmaking foundations have grown rapidly over the course of recent decades, even in the face of financial and economic crises. Foundations have a great deal of freedom, enjoy widespread legitimacy, and wield considerable influence. In this book, David Hammack and Helmut Anheier follow up their edited volume, American Foundations, with a comprehensive historical account of what American foundations have done with that independence and power. While philanthropic foundations play important roles in other parts of the world, the U.S. sector stands out as exceptional. Nowhere else are they so numerous, prominent, or autonomous. What have been the main contributions of philanthropic foundations to American society? And what might the future hold for them? A Versatile American Institution considers foundations in a new way. Previous accounts typically focused narrowly on their organization, donors, and leaders, and their intentions—but not on the outcome of philanthropy. Rather than looking at foundations in a vacuum, Hammack and Anheier consider their roles and contributions in the context of their times and their economic and political circumstances.

Author : Rob Reich
Publisher : University of Chicago Press
Page : 334 pages
File Size : 33,61 MB
Release : 2016-09-21
Category : Political Science
ISBN : 022633578X

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Philanthropy is everywhere. In 2013, in the United States alone, some $330 billion was recorded in giving, from large donations by the wealthy all the way down to informal giving circles. We tend to think of philanthropy as unequivocally good, but as the contributors to this book show, philanthropy is also an exercise of power. And like all forms of power, especially in a democratic society, it deserves scrutiny. Yet it rarely has been given serious attention. This book fills that gap, bringing together expert philosophers, sociologists, political scientists, historians, and legal scholars to ask fundamental and pressing questions about philanthropy’s role in democratic societies. The contributors balance empirical and normative approaches, exploring both the roles philanthropy has actually played in societies and the roles it should play. They ask a multitude of questions: When is philanthropy good or bad for democracy? How does, and should, philanthropic power interact with expectations of equal citizenship and democratic political voice? What makes the exercise of philanthropic power legitimate? What forms of private activity in the public interest should democracy promote, and what forms should it resist? Examining these and many other topics, the contributors offer a vital assessment of philanthropy at a time when its power to affect public outcomes has never been greater.

Author : Peter Frumkin
Publisher : University of Chicago Press
Page : 471 pages
File Size : 45,71 MB
Release : 2008-09-15
Category : Business & Economics
ISBN : 0226266281

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The philanthropic landscape is changing dramatically as a new generation of wealthy donors seeks to leave its mark on the public sphere. Peter Frumkin reveals in Strategic Giving why these donors could benefit from having a comprehensive plan to guide their giving. And with this thoughtful and timely book, he provides the much-needed framework to understand and develop this kind of philanthropic strategy. After listening for years to scores of individual and institutional funders discuss the challenges of giving wisely, Frumkin argues here that contemporary philanthropy requires a thorough rethinking of its underlying logic. Philanthropy should be seen, he contends, as both a powerful way to meet public needs and a meaningful way to express private beliefs and commitments. He demonstrates that finding a way to simultaneously fulfill both of these functions is crucial to the survival of philanthropy and its potential to support pluralism in society. And he goes on to identify the five essential elements donors must consider when developing a philanthropic strategy—the vehicle through which giving will flow, the way impact will be achieved, the level of engagement and profile sought, the time frame for giving, and the underlying purpose of the gift. Frumkin’s point is that donors must understand strategic giving as the integration of these five critical dimensions to giving. Essential reading for donors, researchers, and anyone involved with the world of philanthropy, Strategic Giving provides a new basis for understanding philanthropic effectiveness and a promising new way for philanthropy to achieve the legitimacy that has at times eluded it.

Author : Diana Leat
Publisher : Springer
Page : 188 pages
File Size : 38,61 MB
Release : 2016-06-10
Category : Political Science
ISBN : 1137482893

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This book discusses a series of related but independent challenges faced by philanthropic foundations, drawing on international, contemporary and historical data. Throughout the world, private philanthropic foundations spend huge sums of money for public good while the media, policy-makers and the public have little understanding of what they do and why. Diana Leat considers the following questions: Are philanthropic foundations more than warehouses of wealth? Where does foundation money come from, and is there a tension between a foundation’s ongoing sources of income and its pursuit of public good? How are foundations regulated and held accountable in society? Is there any evidence that foundations are effective in what they do? Is it possible to have too much philanthropy? In posing these questions, the book explores some of the key tensions in how foundations work, and their place in democratic societies.

Author : David C. Hammack
Publisher : Indiana University Press
Page : 390 pages
File Size : 15,43 MB
Release : 2018-04-16
Category : Social Science
ISBN : 0253025435

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Once largely confined to the biggest cities in the mid-Atlantic and Great Lakes states, philanthropic foundations now play a significant role in nearly every state. Wide-ranging and incisive, the essays in American Philanthropic Foundations: Regional Difference and Change examine the origins, development, and accomplishments of philanthropic foundations in key cities and regions of the United States. Each contributor assesses foundation efforts to address social and economic inequalities, and to encourage cultural and creative life in their home regions and elsewhere. This fascinating and timely study of contemporary America's philanthropic foundations vividly illustrates foundations' commonalities and differences as they strive to address pressing public problems.