Private foundations have been the dynamo of social change since
their invention at the beginning of the last century. Yet just over
10 percent of the public knows they even exist; and for those who
are aware of them, as well as even those who seek grants from them,
their internal workings remain a complete mystery. Joel Fleishman
knows the sector like few others, and in this groundbreaking book
he explains both the history of foundations--with their fledgling
beginnings in the era of the robber barons seeking social
respectability--through to the present day. This book shows how,
why foundations matters, and how the future of foundations can
provide a vital spur to the engine of the American, and the
world's, economy--if they are properly established and run.
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