By David C. Hammack,Helmut K. Anheier
America's grantmaking foundations have grown speedily over the process fresh a long time, even within the face of economic and financial crises. Foundations have loads of freedom, get pleasure from frequent legitimacy, and wield significant impact. during this booklet, David Hammack and Helmut Anheier stick with up their edited quantity, American Foundations, with a complete ancient account of what American foundations have performed with that independence and power.
While philanthropic foundations play vital roles in different elements of the area, the U.S. area stands proud as extraordinary. Nowhere else are they so various, renowned, or self sustaining. What were the most contributions of philanthropic foundations to American society? And what could the longer term carry for them?
A flexible American Institution considers foundations in a brand new manner. prior money owed normally targeted narrowly on their association, donors, and leaders, and their intentionsbut now not at the end result of philanthropy. instead of foundations in a vacuum, Hammack and Anheier give some thought to their roles and contributions within the context in their instances and their monetary and political circumstances.
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A Versatile American Institution: The Changing Ideals and Realities of Philanthropic Foundations by David C. Hammack,Helmut K. Anheier