The Future of Philanthropy: Economics, Ethics, and Management

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9780471638551: The Future of Philanthropy: Economics, Ethics, and Management

The allocation of limited public and private resources depends on reliable data and empirical analysis, and The Future of Philanthropy is filled with hard-to-find data, graphs, and charts, as well as full citation and source lists at the end of each chapter. It raises unsettling questions about the very assumptions upon which nonprofits are built and financed and about the future of nonprofit and philanthropic decision-making. Written to provoke thoughtful debate, as well as illuminate elusive objective data, this resource also sheds new light on the challenges that face the nation’s "Third Sector" as public and governmental regulation has become more focused on the transparency and accountability of philanthropy and its recipients.

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From the Inside Flap:

America is a nation of doers, of believers, and of joiners in the private effort for the common good. Over the last decade or so, the nation has turned ever more toward harnessing the power of philanthropy to resolve long-standing societal and economic problems, from healthcare to education to poverty. Comprised of a series of manageable, bite-sized essays, The Future of Philanthropy confronts a variety of issues and questions about the link between future directions of philanthropy and the nation’s nonprofit infrastructure and larger economic trends.

The allocation of limited public and private resources depends on reliable data and empirical analysis, and The Future of Philanthropy is filled with hard-to-find data, graphs, and charts, as well as full citation and source lists at the end of each chapter. It raises unsettling questions about the very assumptions upon which nonprofits are built and financed and about the future of nonprofit and philanthropic decision-making. Written to provoke thoughtful debate, as well as illuminate elusive objective data, this resource also sheds new light on the challenges that face the nation’s "Third Sector" as public and governmental regulation has become more focused on the transparency and accountability of philanthropy and its recipients.

The Future of Philanthropy covers such topics as:

  • The growing demand for philanthropic accountability
  • Responding to severe economic cycles
  • Applying ethical and accountability lessons learned from corporate scandal
  • The consequences of assumptions
  • Why state budget deficits will plague future management
  • Philanthropy and healthcare
  • Is mental illness a philanthropic priority?
  • Philanthropy’s role in education
  • The international scope of the nonprofit sector
  • Is Europe poised for a golden age of community philanthropy?
  • Corporate giving and tax policy
  • Did September 11, 2001 change philanthropy forever?

A must-read book for anyone involved in philanthropic and nonprofit missions, The Future of Philanthropy is an essential volume for philanthropic and nonprofit management professionals, as well as banking and legal consultants.

From the Back Cover:

Praise for The Future of Philanthropy

"Social stability across the globe requires the mobilization of human and technological resources at levels far beyond the capacity and will of governments. As we all struggle with a new definition of social solidarity, smart philanthropy, emotionally energized philanthropy, and even entrepreneurial philanthropy is now more important than ever before. The private sector needs to continue to step up to the challenge in America, but also in other developed economies. Raymond’s insights can help frame the discussion on how best to accomplish a new form of collaboration among public and private agents for social good in America, but perhaps also across the globe. America’s embrace of neighbors banding together to help the less fortunate is not only a rich national heritage we need to sustain and strengthen, but perhaps, in cautious ways, export to other political economies."
–James A. Rice, PhD, President, International Health Summit
Vice Chairman, The Governance Institute

"Susan Raymond brings piercing insight and rigorous scrutiny to philanthropy–the giving and the getting–in its increasingly turbulent social and economic context. And the reader is jolted into the realities of the twenty-first century! A must-read for the nonprofit professional!"
–J. Cynthia Weber, PhD, CFRE, Director
Council Funding Resource Development, Girl Scouts of the USA

"At last, a comprehensive body of work that not only asks the tough questions but answers them as well. The role of philanthropy in our society has never been so clearly explained. "
–John L. Damonti, President, Bristol-Myers Squibb Foundation

"Dr. Raymond has an insightful perspective on philanthropy that goes beyond conventional, generally accepted principles. Her analysis challenges us to better understand both the motivations and consequences of philanthropy on our society."
–David E. Ratcliffe, Director
The Merrill Lynch Center for Philanthropy and Nonprofit Management

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