By David C. Hammack,Helmut K. Anheier
America's grantmaking foundations have grown speedily over the process fresh many years, even within the face of monetary and monetary crises. Foundations have loads of freedom, take pleasure in common legitimacy, and wield massive effect. during this publication, David Hammack and Helmut Anheier persist with up their edited quantity, American Foundations, with a entire historic account of what American foundations have performed with that independence and power.
While philanthropic foundations play vital roles in different components of the area, the U.S. area sticks out as unprecedented. Nowhere else are they so quite a few, well-liked, or self sufficient. What were the most contributions of philanthropic foundations to American society? And what may perhaps the long run carry for them?
A flexible American Institution considers foundations in a brand new approach. prior money owed regularly concentrated narrowly on their association, donors, and leaders, and their intentionsbut now not at the final result of philanthropy. instead of foundations in a vacuum, Hammack and Anheier examine their roles and contributions within the context in their occasions and their fiscal and political circumstances.
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Extra resources for A Versatile American Institution: The Changing Ideals and Realities of Philanthropic Foundations
A Versatile American Institution: The Changing Ideals and Realities of Philanthropic Foundations by David C. Hammack,Helmut K. Anheier