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As our troubled society faces cutbacks in government programs, Inside American Philanthropy will be a revelation for every citizen interested in our powerful and little-understood nonprofit institutions. This book is essential reading for established donors and potential foundation creators, as well as legal and financial advisors working for wealthy families and foundations and fund-raisers for museums, churches, colleges, and other non-profit organizations.

The world of the golden donors - the rich and influential philanthropic foundations - is quite likely the least known and yet most pervasive of all the invisible money and power networks in America. Nielsen explores the 36 largest of the 22,000 currently active foundations. He takes the reader inside each of the giants to analyze its people, policies, and performance. From the most famous, Ford and MacArthur, to the most obscure, Mabee and Moody, the author lets in daylight and lets out the bats as well as the butterflies. Golden Donors is a journey through 36 flefdoms, each of which controls...