A Versatile American Institution: The Changing Ideals and by David C. Hammack,Helmut K. Anheier

By David C. Hammack,Helmut K. Anheier

America's grantmaking foundations have grown swiftly over the process contemporary a long time, even within the face of economic and financial crises. Foundations have loads of freedom, get pleasure from frequent legitimacy, and wield massive impact. during this ebook, David Hammack and Helmut Anheier stick to up their edited quantity, American Foundations, with a accomplished historic account of what American foundations have performed with that independence and power.

While philanthropic foundations play very important roles in different elements of the realm, the U.S. zone stands proud as extraordinary. Nowhere else are they so quite a few, well-liked, 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 approach. past money owed normally centred narrowly on their association, donors, and leaders, and their intentions—but now not at the final result of philanthropy. instead of taking a look at foundations in a vacuum, Hammack and Anheier think about their roles and contributions within the context in their occasions and their fiscal and political circumstances.

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