By Waldemar A. Nielsen
This penetrating research of the interior workings of yankee philanthropic foundations specializes in the an important function performed by means of the boys and girls who create them. Philanthropy’s pre-eminent professional and critic, Waldemar Nielsen probes deeply into the intensely own elements which are excited by donors’ decisions.
Giving functional recommendation for would-be founders and administrators, Nielsen drives domestic his argument with an strange sequence of case reviews. Triumphs and tragedies are both instructive in hello well-chosen philanthropic parables.
This booklet comes at a pivotal element in American philanthropy while there are 35,000 lively American foundations with mixed resources of $175 billion. Pointing to the big person wealth accumulation that happened in the course of the Nineteen Eighties (there are actually sixty four American billionaires and 210,000 deca-millionaires), Nielsen predicts “the quantity, resources, and furnish making of yankee foundations will double by means of the 1st decade of the recent century.”
Always offering particular examples, Nielsen information the pitfalls of conventional kin foundations, the sights of group foundations, the successes of girls in philanthropy, and the achievements of either exact- and general-interest foundations. As our stricken society faces cutbacks in executive courses, Inside American Philanthropy should be a revelation for each citizen attracted to our strong and little-understood nonprofit institutions.
This ebook is key examining for tested donors and power beginning creators, in addition to felony and monetary advisors operating for filthy rich households and foundations and fund-raisers for museums, church buildings, faculties, and different nonprofit organizations.
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Additional info for Inside American philanthropy: the dramas of donorship
But it did not. Carnegie threw himself into his philanthropy with zest and enthusiasm after his retirement from business, but as the decade wore on, he became fatigued with it, and his attention and energies were directed increasingly to his other passion, the quest for world peace.
A hundred years later, the glow of their genius remains bright. John D. Rockefeller Sr. In the scale of his philanthropy and the magnitude of its impact on human well-being in the United States and around the world, John D. Rockefeller Sr. was probably the foremost of this formidable threesome. No donor before or since has equaled his achievements. Paradoxically, in the first decade of the century Rockefeller was pilloried for his ruthless business practices. The press described him as "the supreme villain of the age" and "the most hated man in America"judgments that later historians have softened considerably.
Page 19 "Giving little bits is easy. " "I love this town. That may sound dumb, but this has been my place on earth. " "It's the rarest possible privilege a person could hope to have. " Page 21 PART TWO THE ULTIMATE UPSIDE POTENTIAL Page 23 Chapter Three Three Giants of the Past John D. Rockefeller, Andrew Carnegie, and Julius Rosenwald To put all that follows into perspective, let us begin at the summit, at the very highest point of American philanthropic achievement: By a remarkable historical coincidence, three giants in philanthropy appeared on the American scene in the decades just before and after the turn of the twentieth century.