A Versatile American Institution

by David C. Hammack

America's grantmaking foundations have grown rapidly over the course of recent decades, even in the face of financial and economic crises. Foundations have a great deal of freedom, enjoy widespread legitimacy, and wield considerable influence. In this book, David Hammack and Helmut Anheier follow up their edited volume, American Foundations, with a comprehensive historical account of what American foundations have done with that independence and power.

While philanthropic foundations play important roles in other parts of the world, theU.S. sector stands out as exceptional. Nowhere else are they so numerous, prominent,or autonomous. What have been the main contributions of philanthropic foundationsto American society? And what might the future hold for them?

A Versatile American Institution considers foundations in a new way. Previous accountstypically focused narrowly on their organization, donors, and leaders, and their intentions ?but not on the outcome of philanthropy. Rather than looking at foundations ina vacuum, Hammack and Anheier consider their roles and contributions in the contextof their times and their economic and political circumstances.

A Versatile American Institution

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Full Title: A Versatile American Institution: The Changing Ideals and Realities of Philanthropic Foundations
Author: David C. Hammack / Helmut K. Anheier
Publisher: Brookings Inst Pr
Date Published: February 27, 2013
Format: eBook, Blio
Feature: Text to Speech Enabled
Platform: XPS Enabled
Length: 273 pages
Language: English
ISBN: 0815721951 / 9780815721956
Categories: Politics & Government / Public Policy / Social Policy
Business & Money / Nonprofit / General
Politics & Government / NGOs
Audience: General Adult