Philanthropy and endowed foundation are good and vitally important institutions of modern society. They fit in well with the way advanced market economies are developing, in particular with the nexus between private and public benefit in an era of "small" government and greater social diversity. As institutions, however, they are facing new threats: declining resources relative to needs, and questions about their accountability and performance. In recent years individual philanthropists and foundation leaders have looked to strategic philanthropy as a way of becoming more effective and...

Philanthropy and endowed foundation are vitally important institutions of modern society, yet in recent years, they've faced new threats such as declining resources and questions of accountability and performance. To address these questions, individual philanthropists and foundation leaders have looked to strategic philanthropy to become more effective and efficient.

This important book provides an overview of creative philanthropy along with an analysis of its theory and practice. The authors spell out the implications of their study for management and policy and provide readers...

Thisbook discusses a series of related but independent challenges faced byphilanthropic foundations, drawing on international, contemporary andhistorical data.