Philanthropic practice

Currently they hold almost $70 million in assets. With some luck and hard work, they hope in ten years to increase that amount ten-fold to over $750 million. They can be found east and west, north and south. They are modest and ambitious. They are large and they are small. And, most importantly, they are changing and challenging the very nature of public funding of the arts nationwide.

Here in Los Angeles, the thought of an "arts funding community" had been something of an oxymoron. Because of corporate policy, political agendas, and familial preferences, arts grantmakers have long worked in isolation from one another. Sure, we like one another, go to the same shows, eat the same special-event salmon, but collaborate and communicate on a regular basis? Well, if only...

In June 1998 the New York Regional Association of Grantmakers held a forum on "Conflicting Visions of Philanthropy" and I was invited to place the recent criticism of the field of philanthropy in historical perspective. [See page 44 for a short report on the session as a whole.] My objective at the forum, and in this revision of those remarks, is to put the problem in bold historical relief and to provide a context for understanding the long tradition of criticism of foundations and philanthropy. In doing so, I want to make five basic points.

1.

Cooper Industries is a leading manufacturer of electrical products, tools, hardware, and automotive products. Headquartered in Houston, Texas, Cooper employs over 41,000 people on six continents.

The Goldfarb Foundation, a small family foundation based in Boulder, Colorado, was established in 1992 by its president Peter Goldfarb, who is one of three trustees. The Foundation's grantmaking mirrors Goldfarb's longtime involvement in the arts, education, and Buddhism, and grants are made primarily to organizations working in the arts and education. Goldfarb is himself a professional director, actor, and teacher.

Edited by Warren F. Ilchman, Stanley N. Katz, and Edward L. Queen II 1998, 382 pages, Indiana University Press. Bloomington, Indiana

The Henry Luce Foundation was founded in 1936 by Henry R. Luce, cofounder and editor-in-chief of Time Inc. The Foundation's assets total approximately $700 million and support programs in American art, Asia, higher education, public affairs, theology, and women in science.

1999. 48 pages. National Center for Family Philanthropy, 1220 19th Street NW, Suite 804, Washington D.C., 20036, 202-293-3424.

The Vancouver Foundation, the largest community foundation in Canada, was founded in 1943. Its assets totaled approximately $515 million at the end of 1997. The Foundation supports the activities of charitable organizations throughout British Columbia (BC). Advisory committees assist with decision-making in six of the Foundation's grantmaking areas. Committee members serve for three years and have the responsibility of reviewing grantmaking goals annually.

1997, 75 pages, ARTS Action Research, P.O. Box 401082, Brooklyn, New York 11240, 718-797-3661