The modern American foundation as an instrumentality for charitable
and philanthropic giving is in many ways a unique and complex
social/economic/political institution. This is particularly the
case for foundations with large assets. As a social phenomenon, the
foundation has deep roots in the past. At the beginnings of any
degree of civilization charitable giving and rudimentary forms of
foundations emerge. This is the case in many regions of the world.
The pattern is consistent: once enough property or wealth beyond
primitive human needs is accumulated, some of it begins to be set
aside for what the donors of such wealth consider worthwhile
purposes.The serious literature contributing greatly to public
perception of philanthropy and foundations has been relatively
sparse. Much of what is available is quantitative and statistical
in nature. There has been limited objective attention to the
motives or reasons spurring individual philanthropists to engage or
not to engage in creating foundations; such motivation needs
historical and comparative analysis. Major investigations and
studies of foundations, together with ancillary national, regional,
and international organizations to facilitate such study, have
received spotty consideration.Philanthropists and Foundation
Globalization addresses three interrelated aspects of foundation
history. First, it reviews biographical-historical profiles of the
founding philanthropists and their heirs engaged in international
giving. Second, it discusses major governmental and
non-governmental investigations and studies of foundations
including domestic ones, and also foreign ones in which U.S.
participants have played a prominent role, spanning the period 1912
to the present. Third, it chronicles foundation developments and
activities in Europe at the close of the twentieth century. The
volume provides a historical account of some U.S. foundations'
international activity in a particular region in a specific time
period and their accomplishments. In addition to its other
accomplishments, this volume is the first effort to place the
Soros, MacArthur, Templeton and Kerkorian foundations in a global
context. This is a major contribution to an important new area of
public and academic interest.
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