Download or read book Public accountability of foundations and charitable trusts written by Eleanor Kendrick Taylor and published by . This book was released on 1953 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transparency in Philanthropy An Analysis of Accountability Fallacy and Volunteerism written by John Tyler and published by The Philanthropy Roundtable. This book was released on 2013-03-18 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent calls for more transparency in private philanthropy have increased the need for philanthropic organizations to carefully plan and think about what information they will release to the public and how they will do it. To help organizations answer these questions, The Philanthropy Roundtable has published a new book by noted legal scholar John Tyler, general counsel of the Ewing Marion Kauffman Foundation, titled Transparency in Philanthropy: An Analysis of Accountability, Fallacy, and Volunteerism. Philanthropic organizations are obligated to provide certain types of transparency—the types that are required by the federal tax system and by state laws aimed at maintaining the donor’s intent. But current heightened calls for more transparency are based on other rationales: Transparency is a good unto itself and more should be required of all institutions; more transparency is needed to further ensure that philanthropy serves “public purposes”; more transparency will counteract the “power asymmetry” between foundations and grantees; and more transparency is necessary to evaluate philanthropic effectiveness. In this book Tyler argues that none of these rationales justifies additional legally imposed philanthropic transparency, which is what advocates demand. Even though there is not much of a legal argument for requiring more philanthropic transparency, there are good arguments for organizations being transparent on a voluntary basis. This would be not a wholesale disclosure of information but measured transparency, undertaken in light of a foundation’s mission and the potential costs that would go along with that disclosure. John Tyler’s intent in Transparency in Philanthropy is to encourage philanthropies and nonprofits to plan their transparency strategy and to do so carefully and thoughtfully. “With increased calls for more transparency from philanthropic organizations, this book is a useful and timely resource to help organizations create and navigate their plans for transparency,” said Adam Meyerson, president of The Philanthropy Roundtable. “Every philanthropic organization should read this book and think about what might be worthy of consideration moving ahead in a world dominated by a growing appetite for information.” In an accompanying companion guide, Tyler poses questions to the reader that help an organization create a checklist of issues to consider when making their transparency plans. These questions include: • What kind of organization are you? What is your mission? How large is your board and who is on it? • How can your foundation benefit from disclosing more information? Do you feel a need to cultivate a better understanding of your activities in your community? • What costs and risks will you incur in disclosing more information? How much time and money can your organization devote to disclosing information to the public? Could the information unfairly harm the reputations of your grantees? • What benefits and costs do tools like an annual report, a full website with social media and other tools pose for publicizing information?
Download or read book Public Accountability of Foundations and Charitable Trusts written by Eleanor Kendrick Taylor and published by . This book was released on 1953 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Foundations and Charitable Trusts written by Roger D. Silk and published by John Wiley & Sons. This book was released on 2011-06-09 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: The insider's guide to charitable organizations for donors and their advisors Do you know when to use a private foundation, a donor-advised fund, or a charitable remainder trust or other charitable vehicle? Do you know the different tax benefits, limitations, and control rules for each alternative? Do you have an appropriate investment policy for your endowed charities? Do you have a rubric for avoiding fraud? Do you know what to look for to make sure that your charitable donations don't do the opposite of what you intend? In Managing Foundations and Charitable Trusts, Roger D. Silk and James W. Lintott provide a comprehensive guide for charitable donors and their advisers. Additional topics include: Foundation Governance When to seek additional professional help When and how to turn a CRT interest into cash Key tax issues Creating a legacy Why tax planning is so difficult, and how to approach it Straightforward and authoritative, Managing Foundations and Charitable Trusts is a handy, easy-to-read guide that all donors and their advisors will want to keep on hand.
Download or read book For Profit Philanthropy written by Dana Brakman Reiser and published by Oxford University Press. This book was released on 2023-01-03 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book exposes a migration of business practices, players, and norms into philanthropy that strains the regulatory regime sustaining public trust in elite generosity through accountability and transparency and proposes legal reforms and private solutions to restore it. Practices, players, and norms native to the business sector have migrated into philanthropy, shattering longstanding barriers between commerce and charity. Philanthropies organized as limited liability companies, donor-advised funds sponsored by investment company giants, and strategic corporate philanthropy programs aligning charitable giving by multinationals with their business objectives paint a startling new picture of elite giving. In For-Profit Philanthropy, Dana Brakman Reiser and Steven A. Dean reveal that philanthropy law has long operated as strategic compromise, binding ordinary Americans and elites together in a common purpose. At its center stands the private foundation. The authors show how the foundation neatly combines donor autonomy with a regulatory framework to elevate the public's voice. This framework compels foundations to spend a small but meaningful portion of the assets their elite donors have pledged to the public each year. Prophylactic restrictions separate foundations from their funders' business and political interests. And foundations must disclose more about the sources and uses of their assets than any other business or charity. The philanthropic innovations increasingly espoused by America's most privileged individuals and powerful companies prioritize donor autonomy and privacy, casting aside the foundation and the tools it provides elites to demonstrate their good faith. By threatening to displace impactful charity with hollow virtue signaling, these actions also jeopardize the public's faith in the generosity of those at the top. Private ordering, targeted regulation, or a new strategic bargain could strike a modern balance, preserving the benefits of the compromise between the modest and the mighty. For-Profit Philanthropy offers a detailed roadmap to show how it can be accomplished.
Download or read book Public Accountability written by Melvin J. Dubnick and published by . This book was released on 2011 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trustees Trusteeship and the Public Good written by James C. Baughman and published by Praeger. This book was released on 1987-06-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . a useful handbook for trustees and a fascinating survey of the role of trustees in the management of nonprofit organizations. Baughman ably examines the juridical status of trustees of charitable institutions in light of their obligation to administer trusts for the public's benefit and enjoyment. . . . The appendix includes a three-page guide prepared by Neil F. Hartigan, the attorney-general for Illinois, on how board members of nonprofit organizations can best fulfill their responsibilities. . . . Baughman presents a very readable account of trustees and of the litigation battles that result when trustees fail to act on behalf of the public good. Business History Review
Download or read book Writing Off Ideas written by Randall G. Holcombe and published by Routledge. This book was released on 2018-04-17 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax-exempt foundations grew substantially in the twentieth century, both in their financial importance and in the scope of their activities. This challenging book examines the economic, cultural, and intellectual implications of tax-exempt organizations. How do various tax laws influence foundations and what types of ideas do foundations produce? How do the activities of foundations relate to the interests and intentions of their founders? Does the economic management of foundation assets serve the public good, or would such assets be better employed through the private sector? Writing Off Ideas examines these and related questions primarily by looking at specific examples as well as the overall impact of foundation practices economically and socially.
Download or read book Foundations and Government written by Marion R. Fremont-Smith and published by Russell Sage Foundation. This book was released on 1965-12-14 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concentrates on the historical, statutory, judicial, and administrative aspects of philanthropic foundations. It begins with a general survey of the rise of foundations, particularly as a legal concept, and examines existing provisions for state registration and supervision, with special atention to the role of the attorney general. There are field reports on ten states with programs aimed at following charitable activities closely. The concluding chapter provides appraisals and recommendations, and appendices include state legal requirements for charitable trusts and corporations, selected state acts, rules, reporting forms, and a list of cases.
Download or read book Tax exempt Foundations Their Impact on Small Business written by United States. Congress. House. Select Committee on Small Business. Subcommittee No. 1 and published by . This book was released on 1967 with total page 1182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax exempt Foundations Their Impact Om Small Business Hearings Before Subcommittee No 1 of 90 1 Pursuant to H Res 53 October 30 November 17 1967 written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1967 with total page 1298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Public is Private Philanthropy Separating Reality from Myth written by Evelyn Brody and published by The Philanthropy Roundtable. This book was released on 2012-06-18 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, some public officials and advocacy groups have urged that private philanthropies be subject to more uniform standards and stricter government regulation ranging from board composition to grant distribution to philanthropies' charitable purposes. A major justification cited by advocates of these proposals is the claim that the charitable tax exemption and deduction are government subsidies, and thus philanthropic funds are "public money" and should be publicly controlled. Some advocates also claim that philanthropic assets are public money because philanthropies operate under state charters and are subject to state oversight. In the second edition of this monograph, legal scholars Evelyn Brody and John Tyler evaluate the legal basis of the "public money" claim. They conclude that it is not well founded in legal authority. State oversight of philanthropies is not based on an assertion that philanthropies are subject to state direction or that their assets belong to the public, they write. Similarly, the fact that philanthropies have state charters does not make them state agencies or subject them to the constraints that apply to public bodies. Finally, the philanthropies and their donors receive their federal tax benefits in return for the obligation to pursue public rather than private purposes and to comply with the laws designed to ensure the pursuit of such purposes. There is no evidence, Brody and Tyler find, that these benefits were meant to give government other types of control over philanthropies.
Download or read book Private Funds Public Purpose written by Helmut K. Anheier and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparative information detailing the cultural, legal and historical environments of foundations in international settings has been scarce - until now. Written by scholars from six countries, this text covers philanthropic foundations in the world's busiest commercial centers - the U.S. and Eastern and Western Europe. It reports on the structures and mindsets that shape foundations' gift giving, and discusses different aspects of foundation management. Case studies of the French and Italian foundation communities and a comparative legal chapter are especially notable.
Download or read book ABA Journal written by and published by . This book was released on 1953-12 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ABA Journal serves the legal profession. Qualified recipients are lawyers and judges, law students, law librarians and associate members of the American Bar Association.
Download or read book Trustees the Future of Foundations written by John W. Nason and published by . This book was released on 1977 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Exempt Organizations Collecting More Data on Donor Advised Funds Supporting Organizations Could Help Address Compliance Challenges written by and published by DIANE Publishing. This book was released on 2006 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Legitimacy of Philanthropic Foundations written by Stefan Toepler and published by Russell Sage Foundation. This book was released on 2006-10-27 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though privately controlled, foundations perform essential roles that serve society at large. They spearhead some of the world’s largest and most innovative initiatives in science, health, education, and the arts, fulfilling important needs that could not be addressed adequately in the marketplace or the public sector. Still, many people have little understanding of what foundations do and how they continue to earn public endorsement. The Legitimacy of Philanthropic Foundations provides a thorough examination of why foundations exist and the varied purposes they serve in contemporary democratic societies. The Legitimacy of Philanthropic Foundations looks at foundations in the United States and Europe to examine their relationship to the state, the market, and civil society. Peter Frumkin argues that unlike elected officials, who must often shy away from topics that could spark political opposition, and corporate officers, who must meet bottom-line priorities, foundations can independently tackle sensitive issues of public importance. Kenneth Prewitt argues that foundations embody elements of classical liberalism, such as individual autonomy and limited government interference in private matters and achieve legitimacy by putting private wealth to work for the public good. Others argue that foundations achieve legitimacy by redistributing wealth from the pockets of rich philanthropists to the poor. But Julian Wolpert finds that foundations do not redistribute money directly to the poor as much as many people believe. Instead, many foundations focus their efforts on education, health, and scientific research, making investments that benefit society in the long-term, and focusing on farsighted issues that a myopic electorate would not have patience to permit its government to address. Originating from private fortunes but working for the public good, independently managed but subject to legal prescriptions, philanthropic foundations occupy a unique space somewhere between the public and private sectors. The Legitimacy of Philanthropic Foundations places foundations in a broad social and historical context, improving our understanding of one of society’s most influential—and least understood—organizational forms.
