Advertisement

Public Benefit or Playthings of the Rich?

  • Diana Leat
Chapter
  • 296 Downloads

Abstract

Philanthropy—whether large or small, individual, or institutionalised in a foundation—is private giving for public good. Unlike taxes, philanthropic gifts are not required, they are choices and the giver could have chosen other ways to spend his or her money. As Jersey-based Australian philanthropist Graham Tuckwell remarked when giving AU$50 million ‘I could have bought a yacht … but then how could I sit in church’ (Quoted in Canberratimes.com.au Feb 5 2013).

Keywords

Corporate Philanthropy Public Benefit Ford Foundation Foundation Form Elite Institution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Andreoni, J. 2006. Philanthropy. Handbook of the Economics of Giving, Altruism and Reciprocity 2: 1201–1269.CrossRefGoogle Scholar
  2. Anheier, H.K., and D. Leat. 2006. Creative philanthropy. London and New York: Routledge.Google Scholar
  3. Arnove, R. (ed.). 1980. Philanthropy and cultural imperialism. Boston: G.K. Hall.Google Scholar
  4. Barkan, J. 2013. Big philanthropy vs. democracy: The plutocrats go to school. Dissent Fall: 47–54.CrossRefGoogle Scholar
  5. Boris, E.T. 1987. America’s wealthy and the future of foundations. New York: Foundation Center.Google Scholar
  6. Boris, E.T., and C.E. Steuerle. 2007. The growth of donor control: Revisiting the social relations of philanthropy. Nonprofit and Voluntary Sector Quarterly 29(1): 113–130.Google Scholar
  7. Breeze, B. 2010. How donors choose charities. London: Alliance Publishing Trust.Google Scholar
  8. Eisenberg, P. 2009. What’s wrong with charitable giving - and how to fix it, heard on the street. The Wall Street Journal. http://online.wsj.com/articles/SB100014240527487045006045744817733333333446591750
  9. Fleishman, J. 2007. The foundation: A great American secret; How private wealth is changing the world. Cambridge, MA: Public Affairs.Google Scholar
  10. Harford, T. 2006. The economic case against philanthropy. Slate. Oct 14.Google Scholar
  11. Harrow, J. 2010. Philanthropy. In Third sector research, ed. R. Taylor, 121–137. New York: Springer.CrossRefGoogle Scholar
  12. Heydemann, S., and S. Toepler. 2006. Foundations and the challenge of legitimacy in comparative perspective. In The legitimacy of philanthropic foundations: US and European perspectives, ed. K. Prewitt, M. Dogan, S. Heydemann, and S. Toepler, 3–26. New York: Russell Sage Foundation.Google Scholar
  13. Horn, L., and H. Gardner. 2006. The lonely profession. In Taking philanthropy seriously, ed. W. Damom and S. Verdict, 77–92. Indiana, IN: Indiana University Press.Google Scholar
  14. LaMarche, G. 2014. Is philanthropy bad for democracy? The Atlantic, October 30.Google Scholar
  15. Leat, D. 2009. More than money: The potential of cross sector relationships. London: Big Lottery Fund and Intelligent Funding Forum. www.acf.org.uk/uploadedFiles/IFF.Google Scholar
  16. Macdonald, D. 1956. The Ford Foundation: The men and the millions. New York: Reynal.Google Scholar
  17. Mavity, J.H., and P. Ylvisaker. 1977. Private philanthropy and public affairs. In The commission on private philanthropy and public needs, research papers part 1, vol. 2, 795–836. Washington, DC: Department of Treasury.Google Scholar
  18. National Committee for Responsive Philanthropy. 1991. The California Community Foundation and the disadvantaged: No focus, marginal impact. Washington, DC: NCRP.Google Scholar
  19. Nielsen, W. 1972. The big foundations. New York and London: Columbia University Press.Google Scholar
  20. Odendahl, T. 1990. Charity begins at home. New York: Basic Books.Google Scholar
  21. Orosz, J.L. 2000. The insider’s guide to grantmaking. San Francisco: Jossey Bass.Google Scholar
  22. Ostrower, F. 1997. Why the wealthy give. New Jersey: Princeton University Press.CrossRefGoogle Scholar
  23. Pharoah, C., and C. Keidan. 2011. Family foundation giving trends 2011. London: Cass Business School.Google Scholar
  24. Piliavin, J.A., and H.W. Chang. 1990. Altruism a review of recent theory and research. Annual Review of Sociology: 27–65.Google Scholar
  25. Prewitt, K. 1999. Foundations as mirrors of public culture. American Behavioral Scientist 42: 977–986.CrossRefGoogle Scholar
  26. Prewitt, K. 2006. Foundations. In The nonprofit sector: A research handbook, 2nd ed, ed. W.W. Powell and R. Steinberg, 355–377. New Haven and London: Yale University Press.Google Scholar
  27. Reich, R. 2005. A failure of philanthropy. Stanford Social Innovation Review (Winter): 26–30.Google Scholar
  28. Rosenman, M. 2010. As greed undermines American society, where’s nonprofit leaders’ outrage? The Chronicle of Philanthropy, September 19.Google Scholar
  29. Shervish, P.G. 2007. Why the wealthy give. In The Routledge companion to nonprofit marketing, 165–181. London and New York: Routledge.CrossRefGoogle Scholar
  30. Skloot, E. 2001. Slot machines, boat-building and the future of philanthropy, inaugural address to the Waldemar A. Nielsen issue in philanthropy series. Washington, DC: Georgetown University, October 5.Google Scholar
  31. Smith, J.A. 1999. The evolving role of American foundations. In Philanthropy and the nonprofit sector in a changing America, ed. C.T. Clotfelter and T. Ehrlich, 34–51. Indiana: Indiana University Press.Google Scholar
  32. Sutton, F.X. 1987. The Ford Foundation: The early years. Daedulus 116(1), Philanthropy, Patronage, Politics. pp. 41–91.Google Scholar
  33. Weaver, W. 1946. How do you do Dr X? RF 915 Pro -21A. New York: Rockefeller Archive Center.Google Scholar
  34. West, D.M. 2014. Billionaires reflections on the upper crust. Washington, DC: Brookings Institution Press.Google Scholar
  35. Williams, R.M. 1998. Know thy critics. Foundation News and Commentary (May/June): 25–31.Google Scholar
  36. Wolpert, J. 2006. Redistributional effects of America’s private foundations. K. Prewitt, M. Dogan, S. Heydemann, and S. Toepler (eds.) op.cit., pp. 123–142.Google Scholar
  37. Wright, K. 2001. Generosity versus Altruism: Philanthropy and charity in the US and UK. Voluntas 12(4): 399–416.CrossRefGoogle Scholar

Copyright information

© The Editor(s) (if applicable) and The Author(s) 2016

Authors and Affiliations

  • Diana Leat
    • 1
  1. 1.Cass Business SchoolLondonUK

Personalised recommendations