Philanthropic practice

GIA Newsletter editors welcome reports on conferences and meetings that might be of interest to GIA members. The following report also led to a longer feature by Stanley Katz in this issue.

Conflicting Visions of Philanthropy
June 3, 1998
Presented by the New York Regional Association of Grantmakers at the Open Society Institute (Soros Foundations).

Presenters: Gene Bryan Johnson, senior producer for news, WNYC New York Public Radio; Dr. Stanley Katz, Woodrow Wilson School, Princeton University; Sandra Silverman, president, the Scherman Foundation

October 1996, 30 pages, The Aspen Institute, Nonprofit Sector Research Fund, 1333 New Hampshire Avenue, NW, Suite 1070, Washington, D.C. 20036, 202-736-5800.

The full text of this article is not yet available on this site. Below is a brief excerpt.

The Cleveland Foundation, founded in 1914, is the nation's oldest community foundation. In 1998, the Foundation's assets totaled $1.5 billion and it made grants totaling $47 million.

Is it possible for money to be a conduit for love? The word philanthropy carries the meaning "love of humanity." Modern philanthropy brings together two seemingly irreconcilable concepts: love and money. But if we read through all the annual reports of all the foundations for the last ten years, I'd wager we would be hard-pressed to find the word "love" mentioned more than ten times.

What is the financial health of the nonprofit sector and how do arts organizations compare with other nonprofits? A year-long study of the financial health of Illinois state's nonprofit sector — including the arts — provides a tool to begin answering such questions.

Entrepreneurship is a concept that receives considerably favorable attention in the nonprofit press. Whether referring to mission-related income ventures, non-traditional partnerships, or a redefinition of organizational culture, the word "entrepreneur" has an undeniably positive, even buoyant, connotation in today's nonprofit parlance.

The Boston Foundation is one of the oldest community foundations in the nation. With an asset base of about $500 million, it makes grants of approximately $20 million each year in the Greater Boston area. For the past four years, the Foundation's discretionary grantmaking has been guided by its Building Family and Community Initiative. This initiative focuses on helping Boston's children and their families overcome poverty.

A rather widely shared belief within the foundation community holds that philanthropic resources cannot, will not, and perhaps even should not, be expected to keep up with the growing and changing resource needs of the not-for-profit arts industry. This belief has generated lively discussion among arts grantmakers about the future role of foundations in supporting a healthy nonprofit arts sector in this country.

Donors' Guide to Gulf Coast Relief & Recovery
2006, 71 pages. New York Regional Association of Grantmakers, 79 Fifth Avenue, Fourth Floor, New York, NY 10003-3076, 212-714-0699

PDF available for download at the organization's website.

Giving in the Aftermath of the Gulf Coast Hurricanes
2006, 29 pages. Foundation Center, 79 Fifth Avenue, New York, NY 10003, 800-424-9836

PDF available for download at the organization's website.