Philanthropic practice

In June 1998 the New York Regional Association of Grantmakers held a forum on "Conflicting Visions of Philanthropy" and I was invited to place the recent criticism of the field of philanthropy in historical perspective. [See page 44 for a short report on the session as a whole.] My objective at the forum, and in this revision of those remarks, is to put the problem in bold historical relief and to provide a context for understanding the long tradition of criticism of foundations and philanthropy. In doing so, I want to make five basic points.

1.

Cooper Industries is a leading manufacturer of electrical products, tools, hardware, and automotive products. Headquartered in Houston, Texas, Cooper employs over 41,000 people on six continents.

The Goldfarb Foundation, a small family foundation based in Boulder, Colorado, was established in 1992 by its president Peter Goldfarb, who is one of three trustees. The Foundation's grantmaking mirrors Goldfarb's longtime involvement in the arts, education, and Buddhism, and grants are made primarily to organizations working in the arts and education. Goldfarb is himself a professional director, actor, and teacher.

Edited by Warren F. Ilchman, Stanley N. Katz, and Edward L. Queen II 1998, 382 pages, Indiana University Press. Bloomington, Indiana

The Henry Luce Foundation was founded in 1936 by Henry R. Luce, cofounder and editor-in-chief of Time Inc. The Foundation's assets total approximately $700 million and support programs in American art, Asia, higher education, public affairs, theology, and women in science.

1999. 48 pages. National Center for Family Philanthropy, 1220 19th Street NW, Suite 804, Washington D.C., 20036, 202-293-3424.

The Vancouver Foundation, the largest community foundation in Canada, was founded in 1943. Its assets totaled approximately $515 million at the end of 1997. The Foundation supports the activities of charitable organizations throughout British Columbia (BC). Advisory committees assist with decision-making in six of the Foundation's grantmaking areas. Committee members serve for three years and have the responsibility of reviewing grantmaking goals annually.

1997, 75 pages, ARTS Action Research, P.O. Box 401082, Brooklyn, New York 11240, 718-797-3661

GIA Newsletter editors welcome reports on conferences and meetings that might be of interest to GIA members. The following report also led to a longer feature by Stanley Katz in this issue.

Conflicting Visions of Philanthropy
June 3, 1998
Presented by the New York Regional Association of Grantmakers at the Open Society Institute (Soros Foundations).

Presenters: Gene Bryan Johnson, senior producer for news, WNYC New York Public Radio; Dr. Stanley Katz, Woodrow Wilson School, Princeton University; Sandra Silverman, president, the Scherman Foundation

October 1996, 30 pages, The Aspen Institute, Nonprofit Sector Research Fund, 1333 New Hampshire Avenue, NW, Suite 1070, Washington, D.C. 20036, 202-736-5800.