Author: Martin Morse Wooster Publisher: ISBN: Category : Business & Economics Languages : en Pages : 80
Book Description
A companion to The Great Philanthropists and the Problem of "Donor Intent," author Martin Morse Wooster considers whether the legal life of foundations should be limited to prevent successor trustees from ignoring the donor's intent. This volume surveys past congressional attempts to limit foundation perpetuity and offers case studies of donors who have put legal limits on their own foundations, setting a termination date and requiring the foundation to pay out all its assets.
Author: John Jos. Miller Publisher: Encounter Books ISBN: 1594034044 Category : Biography & Autobiography Languages : en Pages : 257
Book Description
In the 1970s, John M. Olin, one of the country’s leading industrialists, decided to devote his fortune to saving American free enterprise. Over the next three decades, the John M. Olin Foundation funded the conservative movement as it emerged from the intellectual ghetto and occupied the halls of power. The foundation spent hundreds of millions of dollars fostering what its longtime president William E. Simon called the “counterintelligentsia” to offset liberal dominance of university faculties and the mainstream media and to make conservatism a significant cultural force. Among the counterintellectuals the foundation identified and supported at key stages of their careers were Charles Murray during his early work on welfare reform, Allan Bloom as he wrote The Closing of the American Mind, and Francis Fukuyama as he was developing his “End of History” thesis. Using exclusive access to the John M. Olin Foundation’s leading personalities as well as its extensive archives, John J. Miller tells the story of an intriguing man and his unique philanthropic vision. He gives fascinating insights into the foundation’s role in helping the CIA fund anti-Communist organizations during the Cold War and its extensive help to Irving Kristol and others as they moved from left to right to found the neoconservative movement. He tells of the foundation’s early and critical role in building institutions such as the Federalist Society and the Heritage Foundation, which served to transform conservative ideas into national policies. A Gift of Freedom shows how John M. Olin’s “venture capital fund for the conservative movement” helped develop one of the leading forces in American politics and culture.
Author: Jonathan P. Caulkins Publisher: Rand Corporation ISBN: 0833033832 Category : Social Science Languages : en Pages : 105
Book Description
Provides an intellectual framework for guiding prospective major donors in giving more effectively to higher education.Although most major gifts are profoundly motivated by charitable intentions, the noble impulse to give to higher education can quickly generate complicated choices. Which school? Which program? Under what terms or conditions? Even very talented people who have enjoyed exceptionally successful careers in business and other fields can become disoriented by academe_s idiosyncrasies. This book provides an intellectual framework for guiding prospective major donors in giving more effectively to higher education. It supplies some insight into the higher education sector, donor opportunities, the development process, and how to think about and get the most from a _negotiation_ with the institution of the donor_s choice. The insights and strategies are culled by a RAND research team mainly from interviews with development officers, institutional leaders, and donors themselves. Ultimately the giving process that works best for any donor will depend on his or her individual interests and needs. The best advice is to be clear on what effect the donor wants his or her gift to have, to seek as much information on the school/situation as possible, and to consult with an attorney and a good financial advisor at all stages of the giving process.
Author: Randall G. Holcombe Publisher: Routledge ISBN: 1351326945 Category : Business & Economics Languages : en Pages : 214
Book Description
Tax-exempt foundations grew substantially in the twentieth century, both in their financial importance and in the scope of their activities. This challenging book examines the economic, cultural, and intellectual implications of tax-exempt organizations. How do various tax laws influence foundations and what types of ideas do foundations produce? How do the activities of foundations relate to the interests and intentions of their founders? Does the economic management of foundation assets serve the public good, or would such assets be better employed through the private sector? Writing Off Ideas examines these and related questions primarily by looking at specific examples as well as the overall impact of foundation practices economically and socially.
Author: Peter Frumkin Publisher: University of Chicago Press ISBN: 0226266281 Category : Business & Economics Languages : en Pages : 471
Book Description
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: Roger L. Geiger Publisher: Transaction Publishers ISBN: 141280955X Category : Social Science Languages : en Pages : 175
Book Description
This volume of Perspectives opens with two contrasting perspectives on the purpose of higher education at the dawning of the university age--perspectives that continue to define the debate today. First A. J. Angulo recreates the controversy surrounding the founding and early years of the Massachusetts Institute of Technology. Whether presented as an alternative to or a repudiation of the prevailing classical liberal education, MIT was rejected as inherently inferior by college defenders. Second is George Levesque's penetrating reappraisal of Yale president Noah Porter (1870-1886). Known almost solely for his role as a college defender, Porter is revealed as a vigorous scholar who became fixated with preserving the strengths of Yale College. As these matters were vigorously debated during these years, Porter's position was superseded by more powerful forces. Considering the cliches about liberal domination of higher education, it is seldom appreciated that the conservative movement has had a presence on campus throughout the postwar era. Jennifer de Forrest uses the reorganization of several conservative foundations to offer a critical appraisal of their impact. Known as the "four sisters," the Bradley Foundation, the Scaife Foundations, the Smith Richardson Foundation, and the Olin Foundation have been sharply focused on winning student support by funding conservative scholars and networking organizations, as well as student groups and newspapers. The tempestuous state of academic publishing is made more vivid by the clash of colorful characters. At the dawn of modern academic publishing, the Educational Review, published by Columbia's Nicholas Murray Butler, was the foremost journal in its field. Paul McInerny interweaves the history of this journal with the educational issues of the late nineteenth century and the remarkable career of Columbia's longtime president. An additional actor is James McKeen Cattell, a noted psychologist and prolific academic publisher. As a Columbia professor, Cattell was also a thorn in the side of President Butler. In 1917 Butler fired Cattell for criticizing the war effort, an egregious breach of academic freedom even for those early times. Events took an ironic turn, however, when Cattell later acquired Butler's former Review.
Author: Ray Madoff Publisher: Rowman & Littlefield ISBN: 1538131781 Category : Social Science Languages : en Pages : 289
Book Description
Within the philanthropic sector, as never before, time is of the essence. That is, temporal considerations—questions of intergenerational ethics, of the merits of giving now versus giving later, of the benefits and perils of perpetuity—have gained greatly in prominence. Bringing together the most esteemed contemporary scholars of philanthropy, Giving in Time provides the first sustained analysis of the complex issues surrounding the temporal dimensions of voluntary giving. Incorporating the perspectives of political scientists, historians, legal scholars, and philosophers, the contributors tackle critical questions confronting a new generation of philanthropists in a way that will appeal to academics and practitioners. They take on questions such as: What are the historical and moral foundations for establishing perpetual foundations? What are the leading challenges to philanthropic perpetuity? What is the significance of the recent trend toward “Giving While Living,” the calls to give not through bequests but in one’s lifetime? What are the ethical arguments for giving now rather than giving later? What is a giver’s responsibility to his current moment in time versus his obligation to the future? How does the legal framework supporting and structuring philanthropic practice shape approaches toward giving in time? How should it?
Author: Diana Leat Publisher: Springer ISBN: 1137482893 Category : Political Science Languages : en Pages : 188
Book Description
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: Joel L. Fleishman Publisher: PublicAffairs ISBN: 1586485385 Category : History Languages : en Pages : 464
Book Description
Foundations are a peculiarly American institution. They have been the dynamo of social change since their invention at the beginning of the last century. Yet they are cloaked in secrecy -- their decision-making and operations are inscrutable to the point of obscurity-leaving them substantially unaccountable to anyone. Joel Fleishman has been in and around foundations for almost half a century . . . running them, sitting on their boards, and seeking grants from them. And in this groundbreaking book he explains the history of foundations, tells the stories of the most successful foundation initiatives -- and of those that have failed -- and explains why it matters. The baby boomer generation is going to participate in the largest transfer of wealth in history when it passes on its assets to its successor generation. The third sector is about to become more powerful than ever. This book shows how foundations can provide a vital spur to the engine of the American, and the world's, economy -- if they are properly established and run.
Author: Martin Morse Wooster
Author: John Jos. Miller
Author: Jonathan P. Caulkins
Author: Randall G. Holcombe
Author: Peter Frumkin
Author: Roger L. Geiger
Author: Ray Madoff
Author: Elizabeth Schmidt
Author: Diana Leat
Author: Joel L. Fleishman