The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.

This paper explores philanthropic finance by analysing data on the sizes and structures of the 20 highest-giving private foundations in the United States, the United Kingdom, Germany, and Japan in 2005. It is shown that socio-cultural rather than purely economic indicators are better predictors of p...

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Main Authors: Lew, S, Wójcik, D
Format: Working paper
Language:English
Published: School of Geography and Environment (University of Oxford) 2009
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author Lew, S
Wójcik, D
author_facet Lew, S
Wójcik, D
author_sort Lew, S
collection OXFORD
description This paper explores philanthropic finance by analysing data on the sizes and structures of the 20 highest-giving private foundations in the United States, the United Kingdom, Germany, and Japan in 2005. It is shown that socio-cultural rather than purely economic indicators are better predictors of private foundation giving. Foundations in the four countries show similarities in terms of age, geographic scope, areas of funding and lack of performance measurement. Methods of income generation, asset management, and capital deployment however, differ significantly between countries. We suggest that while philanthropic culture and governance exist, they bear the features of national business culture and governance. Conclusions are drawn for the feasibility of competition and collaboration, as well as the use of performance metrics, among private foundations.
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spelling oxford-uuid:941fb081-c553-46cd-8501-087858fb34b62022-03-26T23:37:04ZThe Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:941fb081-c553-46cd-8501-087858fb34b6EnglishDepartment of Economics - ePrintsSchool of Geography and Environment (University of Oxford)2009Lew, SWójcik, DThis paper explores philanthropic finance by analysing data on the sizes and structures of the 20 highest-giving private foundations in the United States, the United Kingdom, Germany, and Japan in 2005. It is shown that socio-cultural rather than purely economic indicators are better predictors of private foundation giving. Foundations in the four countries show similarities in terms of age, geographic scope, areas of funding and lack of performance measurement. Methods of income generation, asset management, and capital deployment however, differ significantly between countries. We suggest that while philanthropic culture and governance exist, they bear the features of national business culture and governance. Conclusions are drawn for the feasibility of competition and collaboration, as well as the use of performance metrics, among private foundations.
spellingShingle Lew, S
Wójcik, D
The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.
title The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.
title_full The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.
title_fullStr The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.
title_full_unstemmed The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.
title_short The Cultures of Philanthropy: Private foundation governance in the USA, the UK, Germany, and Japan.
title_sort cultures of philanthropy private foundation governance in the usa the uk germany and japan
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