Strategic giving : the art and science of philanthropy / Peter Frumkin.

Format:

Book

Author/Creator:

Frumkin, Peter.

Language:

English

Subjects (All):

Nonprofit organizations--United States.

Nonprofit organizations.

Charities--United States.

Charities.

Philanthropists--Charitable contributions--United States.

Philanthropists.

Physical Description:

1 online resource (471 p.)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 2006.

Language Note:

English

Summary:

The philanthropic landscape is changing dramatically as a new generation of wealthy donors seeks to leave its mark on the public sphere. Peter Frumkin reveals in Strategic Giving why these donors could benefit from having a comprehensive plan to guide their giving. And with this thoughtful and timely book, he provides the much-needed framework to understand and develop this kind of philanthropic strategy. After listening for years to scores of individual and institutional funders discuss the challenges of giving wisely, Frumkin argues here that contemporary philanthropy requires a thorough rethinking of its underlying logic. Philanthropy should be seen, he contends, as both a powerful way to meet public needs and a meaningful way to express private beliefs and commitments. He demonstrates that finding a way to simultaneously fulfill both of these functions is crucial to the survival of philanthropy and its potential to support pluralism in society. And he goes on to identify the five essential elements donors must consider when developing a philanthropic strategy-the vehicle through which giving will flow, the way impact will be achieved, the level of engagement and profile sought, the time frame for giving, and the underlying purpose of the gift. Frumkin's point is that donors must understand strategic giving as the integration of these five critical dimensions to giving. Essential reading for donors, researchers, and anyone involved with the world of philanthropy, Strategic Giving provides a new basis for understanding philanthropic effectiveness and a promising new way for philanthropy to achieve the legitimacy that has at times eluded it.

Contents:

Introduction

Philanthropy and the public sphere

Central problems in philanthropy : effectiveness, accountability, and legitimacy

Donors and professionals

The idea of strategic giving

Dimensions of philanthropic value

Logic models : theories of change, leverage, and scale

Institutions and vehicles

Giving styles

Time frames for giving

Measuring, knowing, and acting

Conclusion.

Notes:

Description based upon print version of record.

Includes bibliographical references (p. [411]-435) and index.

ISBN:

9786611956837

9781281956835

128195683X

9780226266282

0226266281

OCLC:

476229232