Although philanthropic institutions work in a wide variety of areas, there are common philosophical and structural issues that recur across organizations, fields, and time. Philanthropic practice and strategies have evolved as contexts have changed, yet have also retained some enduring characteristics. From operating programs to grant making, from local to international funding, and from traditional grant support to innovative financial mechanisms, many issues are shared by all who engage in philanthropic work.
Does philanthropy always require a perfect partnership to create something great? Peering behind the facade of The Met Cloisters museum reveals that the answer is sometimes “no.”
Stepping in to save French monuments without stepping on French pride.
More than 700 major organizations and countless smaller individual donors helped restore a symbol of history and culture.
Grant makers and grantees cooperated to craft a unique program in dance.
A hundred years ago, hookworm disease was an epidemic across the US South. Northern philanthropy tried to help.
Engaging the Private Sector
An early twentieth-century foundation tried using its endowment to support for-profit projects that also would achieve a social goal.
In 1968, the Ford Foundation began to make social investments using a new tool borrowed from the for-profit world, the Program-Related Investment.
How the largest US foundation began supporting market-based projects in the late 1960s.