Putting Wealth to Work: Philanthropy for Today or Investing for Tomorrow?

By Joel L Fleishman
By 2025, Americans will likely be donating over half a trillion dollars annually to nonprofit organizations. Those philanthropic gifts will transform significant parts of America's civic sector landscape.
Philanthropy is entering an era of unprecedented growth and innovation. Established foundations such as Ford and Rockefeller are doubling down on programs tackling long-simmering problems, including global inequality, less-than-stellar education, and uneven access to health care. Many foundations are engaging in advocacy on controversial issues, exploring venture philanthropy solutions, and experimenting with impact investing. And philanthropists such as Bill Gates, Warren Buffett, New York's high-profile financiers, and Silicon Valley's billionaires are planning to put their wealth to work as never before: Mark Zuckerberg and Priscilla Chan recently pledged to donate 99 percent of their Facebook shares during their lifetimes, and nearly 150 others have signed the Giving Pledge to increase dramatically their "giving while living."
In Putting Wealth to Work, Joel L. Fleishman provides expert analysis of contemporary philanthropy, offering invaluable insight for those engaging with and affected by charitable foundations. This is the fascinating and definitive account of philanthropy today, and an indispensable guide to understanding its inner workings, impact, and expansive potential.


    REVIEW QUOTES
"Joel L. Fleishman has again shown why he is the nation's preeminent scholar on the important subject of philanthropy."--David M. Rubenstein, CEO of the Carlyle Group
"This book not only praises traditional perpetual foundations but examines in detail the limited-life or spend-down models that inevitably mean the future philanthropic scene may well be very different. [A] must-read for foundation boards and those giving or raising billions for charitable causes."--Frank Bennack, executive vice chairman of Hearst



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ISBN: 9781610395328

About the Hardcover

Publisher PublicAffairs
Publish date 09/26/2017
Pages 352
ISBN-13 9781610395328
ISBN-10 1610395328
Language English

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