Chapter

Donors and Professionals

Edited by Peter Frumkin

in Strategic Giving

Published by University of Chicago Press

Published in print September 2006 | ISBN: 9780226266268
Published online February 2013 | e-ISBN: 9780226266282 | DOI: http://dx.doi.org/10.7208/chicago/9780226266282.003.0004
Donors and Professionals

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This chapter examines the changes in the role of donors and grantmaking professionals in the philanthropy sector in the U.S. in the 1960s and the 1970s. These include the foundations' acceptance of a new understanding of their status as public trusts to be operated for public purposes and the major transformation in administrative practices. This chapter suggests that these changes can be attributed to the transfer of philanthropic authority from donors to trustees to professionals in the face of growing public awareness.

Keywords: donors; grantmaking professionals; U.S.; foundations; public trusts; administrative practices; philanthropic authority; public awareness

Chapter.  13757 words.  Illustrated.

Subjects: Economic Sociology

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