Philanthropy the use of private funds for public benefit and
social change is undergoing a transformation, both in practice and
as an emerging field of study. The increased internationalization
and competition for philanthropic funding is prompting governments
to examine how their policy, tax and regulatory frameworks can
create stronger incentives for giving and can retain philanthropic
capital at home, while ensuring appropriate accountability and
transparency.
As the recent financial crisis which caused endowments to
decline precipitously demonstrated, however, there can be an
underlying fragility to philanthropy. One consequence of the crisis
has been to accentuate existing pressures for professionalization
of philanthropic management and for greater performance
measurement: what impact does philanthropy have? How can it be
managed more effectively to produce sustainable, scalable public
benefits?
The Routledge Companion to Philanthropy provides the first
comprehensive, critical assessment of the history, recent
developments and emerging challenges in the field of philanthropy.
It will be international in focus with contributions by leading
scholars from a broad range of countries and disciplines reflecting
the multifaceted nature of the philanthropy field and ambitious in
intent: to define the current state of the field and shape the
future of philanthropy research for the next decade."
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