By David C. Hammack,Helmut K. Anheier
America's grantmaking foundations have grown quickly over the process contemporary a long time, even within the face of monetary and monetary crises. Foundations have loads of freedom, get pleasure from common legitimacy, and wield enormous impression. during this publication, David Hammack and Helmut Anheier persist with up their edited quantity, American Foundations, with a finished ancient account of what American foundations have performed with that independence and power.
While philanthropic foundations play very important roles in different components of the area, the U.S. region sticks out as unparalleled. Nowhere else are they so a variety of, in demand, or self sufficient. What were the most contributions of philanthropic foundations to American society? And what may well the longer term carry for them?
A flexible American Institution considers foundations in a brand new means. past debts in general concentrated narrowly on their association, donors, and leaders, and their intentionsbut now not at the consequence of philanthropy. instead of foundations in a vacuum, Hammack and Anheier think about their roles and contributions within the context in their occasions and their financial and political circumstances.
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Extra info for A Versatile American Institution: The Changing Ideals and Realities of Philanthropic Foundations
A Versatile American Institution: The Changing Ideals and Realities of Philanthropic Foundations by David C. Hammack,Helmut K. Anheier