Philanthropic practice

A growing chorus of complaint has emerged about foundation giving in recent years. According to critics, foundations do not distribute enough in grant payments to justify their privileged position. On average, foundations pay out about 5.5 percent of their total assets each year and many critics believe that is just not enough.

1999, 23 pages. Final report of collaborative research project, Millennium Communications Group, Inc., 58 Salem Street, Andover, Massachusetts 01810.

Although its main focus seems to be on exploring ways of expanding philanthropy among new donors, Philanthropy's Current and New Stakeholders: Building a Common Vision for an Expanded Future also offers some interesting — and disturbing — observations on how traditional philanthropy is viewed.

A recently released study of giving in Hawai'i confirms what many culture and arts groups in the state already know — it's hard to raise money! A local firm, SMS Research, conducted the study for Hawai'i Community Foundation in spring 1999. Titled Hawai'i Giving Study 1999, the study's purpose was to better understand charitable giving among Hawai'i residents.