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Despite making frequent gifts to nonprofit organizations, many donors long for their gifts to attain greater results.Seismic Philanthropy explains how to achieve earth-shattering change, breaking down barriers that stand in the way of high-impact giving. The four-step Epicenter Giving SystemTM provides detailed guidance on how to turbo-charge one's philanthropic impact. The phases of this system include: 1) establishing a focus area; 2) planning to give; 3) investing in nonprofits; and 4) course-correcting one's efforts.Philanthropic advisor Ben Klasky has been a recognized nonprofit leader for over 25 years. He has counseled families and Fortune 100 corporations, and has worked with leading organizations such as the Aspen Institute, Stanford University, and the Bill & Melinda Gates Foundation. Klasky has also taught graduate courses on Social Entrepreneurship and Nonprofit Management at the University of Washington. This one-sitting book is changing the way people give, and is the perfect resource for high-net-worth donors as well as their families, offices, and advisors.
Though privately controlled, foundations perform essential roles that serve society at large. They spearhead some of the world's largest and most innovative initiatives in science, health, education, and the arts, fulfilling important needs that could not be addressed adequately in the marketplace or the public sector. Still, many people have little understanding of what foundations do and how they continue to earn public endorsement. The Legitimacy of Philanthropic Foundations provides a thorough examination of why foundations exist and the varied purposes they serve in contemporary democratic societies. The Legitimacy of Philanthropic Foundations looks at foundations in the United States and Europe to examine their relationship to the state, the market, and civil society. Peter Frumkin argues that unlike elected officials, who must often shy away from topics that could spark political opposition, and corporate officers, who must meet bottom-line priorities, foundations can independently tackle sensitive issues of public importance. Kenneth Prewitt argues that foundations embody elements of classical liberalism, such as individual autonomy and limited government interference in private matters and achieve legitimacy by putting private wealth to work for the public good. Others argue that foundations achieve legitimacy by redistributing wealth from the pockets of rich philanthropists to the poor. But Julian Wolpert finds that foundations do not redistribute money directly to the poor as much as many people believe. Instead, many foundations focus their efforts on education, health, and scientific research, making investments that benefit society in the long-term, and focusing on farsighted issues that a myopic electorate would not have patience to permit its government to address. Originating from private fortunes but working for the public good, independently managed but subject to legal prescriptions, philanthropic foundations occupy a unique space somewhere between the public and private sectors. The Legitimacy of Philanthropic Foundations places foundations in a broad social and historical context, improving our understanding of one of society's most influential—and least understood—organizational forms.
The modern American foundation as an instrumentality for charitable and philanthropic giving is in many ways a unique and complex social/economic/political institution. This is particularly the case for foundations with large assets. As a social phenomenon, the foundation has deep roots in the past. At the beginnings of any degree of civilization charitable giving and rudimentary forms of foundations emerge. This is the case in many regions of the world. The pattern is consistent: once enough property or wealth beyond primitive human needs is accumulated, some of it begins to be set aside for what the donors of such wealth consider worthwhile purposes. The serious literature contributing greatly to public perception of philanthropy and foundations has been relatively sparse. Much of what is available is quantitative and statistical in nature. There has been limited objective attention to the motives or reasons spurring individual philanthropists to engage or not to engage in creating foundations; such motivation needs historical and comparative analysis. Major investigations and studies of foundations, together with ancillary national, regional, and international organizations to facilitate such study, have received spotty consideration. "Philanthropists and Foundation Globalization" addresses three interrelated aspects of foundation history. First, it reviews biographical-historical profiles of the founding philanthropists and their heirs engaged in international giving. Second, it discusses major governmental and non-governmental investigations and studies of foundations including domestic ones, and also foreign ones in which U.S. participants have played a prominent role, spanning the period 1912 to the present. Third, it chronicles foundation developments and activities in Europe at the close of the twentieth century. The volume provides a historical account of some U.S. foundations' international activity in a particular region in a specific time period and their accomplishments. In addition to its other accomplishments, this volume is the first effort to place the Soros, MacArthur, Templeton and Kerkorian foundations in a global context. This is a major contribution to an important new area of public and academic interest.
This multi-disciplinary collection blends broad overviews and case studies as well as different theoretical perspectives in a critique of the relationship between United States philanthropic foundations and movements for social change. Scholars and practitioners examine how these foundations support and/or thwart popular social movements and address how philanthropic institutions can be more accountable and democratic in a sophisticated, provocative, and accessible manner. Foundations for Social Change brings together the leading voices on philanthropy and social movements into a single collection and its interdisciplinary approach will appeal to scholars, students, foundation officials, non-profit advocates, and social movement activists.
"For too long, the labor movement and philanthropic foundations have had little contact, even when their guiding principles are the same. The time is ripe for a new national conversation on where and how they can effectively work together. Richard Magat's new book focuses on the relationship between unions and foundations--its history, its dynamics, and its potential. This is a relationship that can and should be enormously valuable for both sides."--John J. Sweeney, President, AFL-CIO An investigation into the little-known history of relations between organized labor and philanthropic foundations in America, this book reveals curious connections linking these important institutions throughout the twentieth century. Richard Magat examines these relations--whether indirect or direct, confrontational, supportive, or collaborative--in a wide variety of areas: research, the condition and status of black and female workers, the struggle of farmworkers, workplace health and safety, the union democracy movement, and the stake of union members in the global marketplace. Unlikely Partners begins with the industrial and social ferment in which the great modern foundations arose in the early twentieth century. It covers such topics as the Russell Sage Foundation (the first to address labor conditions), the National Civic Federation, and manifestations of "enlightened" business practice, including welfare capitalism. The book lays out areas of future community, fiscal, and policy collaboration between unions and foundations.
In Philanthropy Under Fire, author Howard Husock defends the American tradition of independent philanthropy from significant political and intellectual challenges which threaten it today. Although the U.S. continues to be the most charitable nation in the world, serious efforts seek to discourage traditional, personal charitable giving by changing the tax code, and directing philanthropy toward causes chosen by government. Some voices seek to narrow the very definition of philanthropy to include only direct redistribution of income from rich to poor. In contrast, Mr. Husock broadly defends philanthropy’s causes—from the food pantry to the art museum to the university science lab—as both a source of effective new ideas and as a core aspect of democracy and liberty. In a new and original argument, he asserts that having broad impact does not require a marriage of philanthropy and government. Instead, he says, private programs growing out of the values held by their leaders—and imbued with those values—can have a wide impact through their influence on society’s norms. In this sense, the good that private philanthropy does for American society can far transcend the good that it does for its immediate recipients.
Winner of the Community Development Society's 2014 Current Research Award! 21st Century Philanthropy and Community fills a gap in the literature on philanthropic organizations and how they intertwine with community development. Drawing first on the history of philanthropic funding, Maria Martinez-Cosio and Mirle Bussell look at developments in the last twenty years in detail, focussing on five key case studies from across America. The authors use their own first hand experiences and research to forge a new path for academic research in an area where it has been lacking. With the current economic climate forcing shrewd spending, foundations need all the guidance they can find on how to appropriately channel their funds in the best way. But how can these sorts of community projects be analyzed for effectiveness? Is there a quantitative rather than qualitative element which can be studied to give real feedback to those investing in projects? Arguing against a one-size-fits-all model, the authors illustrate the importance of context and relationships in the success of these projects.
Originally published in 1938, this is a classic muckraking account of the role of philanthropic foundations. Horace Coon's journalistic indictment of the state of philanthropy in the 1920s and 1930s emphasizes how great wealth perpetuates itself through the mechanism of the foundation. Coon looks at how foundations influence education and public thinking, the extent to which they support scientific, medical, and social science research, and their financial operations. But "Money to Burn "is more than an example of what we today would call investigative journalism. It is also one of the first serious efforts to describe the history of modern American philanthropy. Coon discusses the origins of philanthropic foundations in Western history and the establishment of the Carnegie and Rockefeller foundations, reviews the founders' motives, and launches a biting critique in the context of the economic disaster of the Great Depression. He grapples with the concept of the foundation as a "semi-public institution" that links political, economic, and public concerns, and he questions what degree of accountability to the public is appropriate. While Coon's interpretive criticism of the American philanthropic foundations reflects the political and economic concerns of the late 1930s, it stays honestly close to the facts. "Money ""to "Burn ""can be read profitably today as both a good general history of the emergence of modern American philanthropy and as an example of the public's concern with concentration of money and power at the end of the 1930s. Money to Burn, another volume in the Philanthropy in Society series, will be of interest to social scientists, philanthropists, public policy analysts, and decision makers interested in the role of the voluntary sector in American society.
An analysis of the role played by private philanthropic foundations in shaping public policy during the early years of this century—focusing on foundation-sponsored attempts to influence policy in the areas of education, social welfare, and public health. Winner of the Outstanding Book Award from the Ohio Academy of History In Private Wealth and Public Life, historian Judith Sealander analyzes the role played by private philanthropic foundations in shaping public policy during the early years of this century. Focusing on foundation-sponsored attempts to influence policy in the areas of education, social welfare, and public health, she addresses significant misunderstandings about the place of philanthropic foundations in American life. Between 1903 and 1932, fewer than a dozen philanthropic organizations controlled most of the hundreds of millions of dollars given to various causes. Among these, Sealander finds, seven foundations attempted to influence public social policy in significant ways—four were Rockefeller philanthropies, joined later by the Russell Sage, Rosenwald, and Commonwealth Fund foundations. Challenging the extreme views of foundations either as benevolent forces for social change or powerful threats to democracy, Sealander offers a more subtle understanding of foundations as important players in a complex political environment. The huge financial resources of some foundations bought access, she argues, but never complete control. Occasionally a foundation's agenda became public policy; often it did not. Whatever the results, the foundations and their efforts spurred the emergence of an American state with a significantly expanded social-policy-making role. Drawing on a wealth of archival materials, much of it unavailable or overlooked until now, Sealander examines issues that remain central to American political life. Her topics include vocational education policy, parent education, juvenile delinquency, mothers' pensions and public aid to impoverished children, anti-prostitution efforts, sex research, and publicly funded recreation. "Foundation philanthropy's legacy for domestic social policy," she writes, "raises a point that should be emphasized repeatedly by students of the policy process: Rarely is just one entity a policy's sole author; almost always policies in place produced unintended consequences."