Philanthropic foundations, public good and public policy

Author(s)

Bibliographic Information

Philanthropic foundations, public good and public policy

Diana Leat

Palgrave Macmillan, c2016

Other Title

Philanthropic foundations, public good & public policy

Available at  / 3 libraries

Search this Book/Journal

Note

Includes bibliographical references (p. 159-179) and index

Description and Table of Contents

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.

Table of Contents

Contents 1. Focus on foundations Introduction Philanthropy is good - more is better? Focus of the Book Why Focus on Foundations Global Growth Scale of Resources The Reach of Foundations Philanthropic Foundations in the Dock Charges and Responses 2. Definitions and distinctions Varieties of Giving What Is a Philanthropic Foundation? Initial Definitions Types of Foundation Distinguishing by Source/Type of Income Distinguishing by Style: Operating and Grantmaking Rationales for Grant Making and Operating Table 1: Grant-making vs. Operating 3. How foundations work - an overview Birth to Work In the Beginning- Donors and Money A Mission/Deed Governance Staffing Grant Making Styles and Processes 4. From charity to change, Brussels to Beijing The Variety of Foundations Introduction Approaches to Foundation Formation Throughout the World Sketches of Foundations Across the Globe Introduction Africa China, Japan and Singapore India Australia and New Zealand North America < South America Europe Russia Saudi Arabia Concluding Remarks 5. Public benefit or playthings of the rich Introduction Charges and Responses The Charges The Responses The Charges Why Create a Foundation? Motives for Giving What's Need Got to Do with It? Where the Money Goes The Responses The Right to Give as You Choose Legal Restrictions Tax Matters The Duty of Wealth We're All Different Variations in Giving The Power of Staff A Stop Gap Against Government and Market Failure Sources of Innovation and Change Discourtesy or Necessity? Coordination - Damned If You Do ... Unelected and Undemocratic Funding Terms A Product of Culture not Whims? 6. Sources of wealth and income Introduction Charges and Responses The Charges How The Money Was Made Eroding the Tax Base 'Doing good' - the Cherry on the Cake or Horse Manure Sources of Income - Taking with One Hand and Giving with the Other The Responses This is Capitalism Investment Income: A Force for Good? 7. Warehouses of wealth: payout and perpetuity Introduction The Charges and Responses The Charges 1 Warehouses of Wealth In Favour of Mandatory Payout Rates The Responses Against Mandatory Pay Out Rates Robbing Peter to Pay Paul Market Volatility A Ceiling Not a Floor? Practical Problems Pay Out: The wrong Issue ? The Charges 2 Perpetuity - the Issue Against Perpetuity The Response 2 Perpetuity Is Not For All In Favour of Perpetuity 8. Cash machines or more? Foundations: Money, Value Added and Overhead Introduction Charges and Responses Charge Expensive Cash Machines? Responses Introduction Accounting for Higher Costs Practical Problems< Another Explanation for Differences The Costs of Creating public Benefit Funder Plus Beyond Moving Money to Effectiveness Multipliers 9. Missing measurement, misunderstanding measurement? Foundations and Effectiveness The Growing Pressure to Measure The Charges and Responses The Charge No Change? Maintaining the Status Quo? Ineffective Practices? The Responses An Inappropriate Demand No Responsibility to Produce Maximum Benefit? Effectiveness and Values The Effective Ineffective Foundation Measuring Impact - A Fools Errand? Measurement - Too Little, Too Late? Misunderstanding the Contributions of Foundations? 10. Foundations and democracy: threat or promise? Introduction The Charges and Responses The Charges A Brief US History Unpicking the Charges Sucking Wealth Out of the Tax Base Unregulated and Unaccountable Concentrations of Wealth and Power Influencing Policy Narrowing Alternatives 'Bribing' State Governments 'Cooling Out' Creeping Privatisation A Substitute for Justice? The Responses Introduction Denying the Charges Misplaced Fear It Depends Positive Responses Protection Against Big Government Pluralism Maximum Public Benefit and Minimum Loss of Economic and Political Freedom Cost Effectiveness Redistribution Creativity Promoting Democracy Looking in the Wrong Place? 11. Dark corridors or glass pockets? Introduction The Charges and Responses The Charges Unaccountable and Unregulated? The Responses Tax Subsidies and Accountability Adequate Regulation Table 2: Foundation Accountability in Four European Countries Self Regulation Confused Demands: It All Depends The Downsides of Glass Pockets Not More or Less But the Right Sort 12. The future is monstrous? Introduction Issues Ahead? Tax Advantages Greater Regulation The Rise and Rise of 'Effective Altriusm' Relations with Government and Business Power and Decision-Making Talking about Happiness Grant-Making and Money Foundations and Dinosaurs? Legitimacy Matters Keepers of the Public Faith

by "Nielsen BookData"

Details

  • NCID
    BB22342348
  • ISBN
    • 9781137482884
  • LCCN
    2016940307
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    London
  • Pages/Volumes
    ix, 185 p.
  • Size
    22 cm
  • Classification
  • Subject Headings
Page Top