The Future of Philanthropy. Economics, Ethics, and Management

  • ID: 2214357
  • Book
  • 308 Pages
  • John Wiley and Sons Ltd
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Praise for The Future of Philanthropy

"Social stability across the globe requires the mobilization of human and technological resources at levels far beyond the capacity and will of governments. As we all struggle with a new definition of social solidarity, smart philanthropy, emotionally energized philanthropy, and even entrepreneurial philanthropy is now more important than ever before. The private sector needs to continue to step up to the challenge in America, but also in other developed economies. Raymond’s insights can help frame the discussion on how best to accomplish a new form of collaboration among public and private agents for social good in America, but perhaps also across the globe. America’s embrace of neighbors banding together to help the less fortunate is not only a rich national heritage we need to sustain and strengthen, but perhaps, in cautious ways, export to other political economies."
James A. Rice, PhD, President, International Health Summit
Vice Chairman, The Governance Institute

"Susan Raymond brings piercing insight and rigorous scrutiny to philanthropy the giving and the getting in its increasingly turbulent social and economic context. And the reader is jolted into the realities of the twenty–first century! A must–read for the nonprofit professional!"
J. Cynthia Weber, PhD, CFRE, Director
Council Funding Resource Development, Girl Scouts of the USA

"At last, a comprehensive body of work that not only asks the tough questions but answers them as well. The role of philanthropy in our society has never been so clearly explained. "
John L. Damonti, President, Bristol–Myers Squibb Foundation

"Dr. Raymond has an insightful perspective on philanthropy that goes beyond conventional, generally accepted principles. Her analysis challenges us to better understand both the motivations and consequences of philanthropy on our society."
David E. Ratcliffe, Director
The Merrill Lynch Center for Philanthropy and Nonprofit Management

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List of exhibits.


Section One: Philanthropy and the Economy.

Introduction to the Issues.

Measuring the Economic Importance of Nonprofits: What Happens When Methods Change.

Size Counts in the Foundation World: The Dilemma of Absorptive Capacity.

What You Know or Who You Know? Relationships Matter.

Foundation Endowments: How Big? How Vulnerable?

Does Philanthropy Interfere with Markets?

Venture Philanthropy: Two Sides of the Coin.

Wages in the Nonprofit Sector: Poor Cousin or Twin Sister?

Diversity and Governance: The Not–Good News.

Minority Philanthropy: The Future Has Arrived.

Will There Be a Nonprofit Shakeout? Comparing Nonprofits to Small Business Trends.

The Growing Demand for Philanthropic Accountability: Will There Be Room for Risk?

Managing through the Market: Responding to Severe Economic Cycles.

The Philanthropic Instinct: Government Walks the Talk.

Does Wall Street Matter? The Unknowns about Elasticities.

Section Two: Ethics and Accountability.

Introduction to the Issues.

How Shall We Govern Ourselves?

The Mission Meets the Numbers: Is It Okay to Lie?

A Privilege and an Obligation: Why Stewardship Matters and Competition Is a Good Thing.

Are Organizational Hybrids Nonprofits?

The Problem of Fairness.

Have We Learned Nothing? Practical Applications of Lessons from Corporate Scandal.

Great Expectations Collide: The Consequences of Assumptions.

Section Three: Nonprofit Management Dilemmas.

Introduction to the Issues.

Organizational Benchmarking: Management Solution or Performance Petard?

The Illusion of Knowing Something: The Diversity of Nonprofit Definitions.

Philanthropy and the Nonprofit Budget Cycle: No Silver Bullet.

State Budget Deficits: Why Red Ink Today Will Plague Management Tomorrow.

Drilling Down: Deeper Revenue Sources for Nonprofits.

Nonprofit Compensation: Charitable Managers and Their Tax–Exempt Colleagues.

To: Nonprofit Human Resources Managers; From: Washington; Subject: Watch Your Back.

Estate Taxes and Giving: Crepe Armbands versus Thinking Caps.

The Growth of the Nonprofit Sector: Is It Really Real?

When Philanthropy Demands Evidence and Results: Developing a Compelling Rationale for Funding.

What History Teaches about the Root Systems That Nourish Philanthropy.

Section Four: Philanthropy and Healthcare.

Introduction to the Issues.

Healthcare in the Twenty–First Century: Why the Charity Gap Will Grow.

Hospital Philanthropy: David versus Goliath.

Fighting Disease with Philanthropy: Who Gets the Funds?

Picking Targets: Healthcare Philanthropy s Unenviable Task.

Philanthropy and the Academic Medical System: Cavalry to the Rescue? Or, Hope Springs Eternal?

Mental Illness: Major Health Burden; But Is It a Philanthropic Priority?

Section Five: Philanthropy and Education.

Introduction to the Issues.

With College Costs Rising Quickly, Can Philanthropy Close the Gap?

Scholarship Grants: You Can t Always Get What You Need.

University Foundations: Memo to the Dean: After the Faculty Meeting, Check the Dow.

Philanthropy in K–12 Education: A Minor Player Missing a Major Opportunity.

Learning to Be Charitable: Is It a Girl Thing?

Philanthropy and National Academic Research Funding.

Section Six: U.S. Philanthropy in an International Context.

Introduction to the Issues.

America s International Giving: Search Elsewhere for Scrooge.

The International Scope of the Nonprofit Sector.

The Globalization of Education: How Important Is Philanthropy?

Indigenous Philanthropy: Poorer Nations Also Give.

North of the Border: Canada–United States Philanthropic Comparisons.

Is Europe Poised for a Golden Age of Community Philanthropy?

Evidence of Philanthropic Impact: A De Novo Case from Poland and the Lessons It Teaches.

Learning from International Conflict: Philanthropic Strategy Is as Important as Sympathy.

Section Seven: Corporate Philanthropy.

Introduction to the Issues.

Corporate Giving: A Workhorse in Small States.

Gifts in Kind: The Good of Goods.

Corporate Giving and Tax Policy: Let s Do the Math.

Global Health and Corporate Philanthropy: Fickle Funder or Lasting Partner?

Section Eight: Reflections on September 11, 2001.

Introduction to the Issues.

Philanthropy Put to the Test.

U.S. Diversity Creates Philanthropic Opportunity. . .and Risk.

Did September 11 Change Philanthropy Forever?


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SUSAN U. RAYMOND, PhD, is Managing Director of Research, evaluation, and Strategic Planning for Changing Our World, Inc. She serves as Chief Analyst for, a global resource for nonprofit professionals, and has extensive experience in research, analysis, and planning with the New York Academy of Sciences. In addition to contributing regularly to Changing Our World s e–publications, including Observations in Philanthropy and Inside Corporate Philanthropy, she has written on philanthropic issues related to economics, healthcare, and corporate responsibility in such publications as Foreign Affairs,The Annals of the New York Academy of Sciences, Economic Reform Today, Technology in Society, the Journal of Healthcare Administration Education, and Technological Forecasting and Social Change.
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