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 many years, even within the face of monetary and monetary crises. Foundations have loads of freedom, get pleasure from frequent legitimacy, and wield huge effect. during this booklet, David Hammack and Helmut Anheier keep on with up their edited quantity, American Foundations, with a complete old 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. quarter sticks out as unprecedented. Nowhere else are they so various, well-known, or self reliant. What were the most contributions of philanthropic foundations to American society? And what could the long run carry for them?

A flexible American Institution considers foundations in a brand new approach. prior debts regularly concentrated narrowly on their association, donors, and leaders, and their intentions—but 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 monetary and political circumstances.

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