Mapping the New World of American Philanthropy
Causes and Consequences of the Transfer of Wealth
1. Edition May 2007
336 Pages, Hardcover
Wiley & Sons Ltd
Praise for
Mapping the New World of American Philanthropy
Causes and Consequences of the Transfer of Wealth
"This book does a wonderful job of guiding the reader through the
increasingly changing world of philanthropy. These changes must
drive dramatic change in the not-for-profit sector if it is to
respond efficiently and effectively. Only then will we be able to
maintain the quality of our society."
--Thomas J. Moran, Chairman, President, and CEO of Mutual of
America
"The Great Wealth Transfer has been a mantra for years for
fundraisers and donors alike. What does it really mean? Susan
Raymond and Mary Beth Martin bring rigorous analysis and profound
insights to the phenomenon in this book, which provides the
definitive map for navigating a brave new world of
philanthropy."
--Fiona K. Hodgson, Vice President for Leadership Giving, Save the
Children
The anticipated transfer of wealth between generations--and its
practical implications for philanthropy--is the subject of much
interest in the nonprofit community. Edited by noted nonprofit
experts Susan Raymond and Mary Beth Martin, Mapping the New World
of American Philanthropy offers candid, insightful essays that
offer an insider's look at every angle of wealth transfer, with
contributions by leaders in the field of philanthropy,
including:
* Marc H. Morial
* Preston H. Koster
* Steven DiSalvo
* Nora Campbell Wood
* Rodney W. Nichols
With hard-to-find data, graphs, and charts, as well as other
practical tools, Mapping the New World of American Philanthropy is
your seminal guide to prepare for the coming intergenerational
transfer of wealth that will affect your nonprofit and?philanthropy
in general. Get practical insights and strategies from the most
experienced wealth transfer leaders and practitioners in America.
About the Authors.
About the Contributors.
Preface: The Defining Legacy of Our Generation.
Introduction: Being All That We Can Be.
Section One The Causes: Social and Economic Pressures.
Forming the New World.
Demographic Trends: America the Old.
Ethnic Philanthropy in the Face of Major Demographic Change in
the Twenty-First Century.
Women and the Wealth Transfer.
Philanthropy with Less Than Nine Zeros: The Philanthropic
Participation of the Middle Class and the Next Generations.
The Next Generation Takes the Controls: Philanthropic,
Structural and Investment Considerations for Establishing
Foundations for the Wealthy Individual.
The Evolution of the Tactical Philanthropist.
It Really Is a Small World after All: Globalization and
Philanthropy.
Section Two The Effects: The New World Meets the Old Ways.
Listening to the Critics: Who Is Actually Transferring What?
Family Foundation Formation.
The Rise of Donor Advised Funds.
New Philanthropy Has Arrived--Now What?
Work for a Giving: Anticipating the Future of Corporate Employee
Involvement Programs.
Planned Giving: Risks and Rewards in a Competitive
Marketplace.
The Inf luence of Women Philanthropists.
The Nonprof it as a Business Enterprise: Adapting to the
Expanding Philanthropic Market.
Philanthropic Solutions: Better Capacity for More Complex
Times.
Technology Ascendant: Connecting the Philanthropist with
Philanthropy.
Section Three The Impacts: Shifts, Adjustments, and
Realignments.
Expansion of the Nonprof it Sector: Bigger, for Sure.
But Is That Better?
Flexing Economic Muscles: The Nonprof it Sector and Economic
Growth.
Committees of Discernment: A Strategy for a Shared Vision for
Philanthropy.
Markets for International Development.
Analysis of Philanthropy for Science and Technology Part I:
Pasteur's Quadrant.
Analysis of Philanthropy for Science and Technology Part II:
Opportunities in Funding Science and Technology.
When Philanthropy Isn't Just About Philanthropy:
Cause-Related Marketing and Cause-Branding.
Going to Scale: Realizing the Potential of the New
Philanthropy.
Private Philanthropy and Government: Friends or Foes?
The Political Dimensions of Change: Philanthropy as Power in the
Corridors of Foreign Policy.
Section Four The Reactions: New Rules for a New World.
The Tax Man Cometh: Should Nonprof its Pay?
We the People: Public Trust and Expectations.
American Philanthropy and the Drive for Results: A Plea from the
World of Ideas.
When Charities Behave Badly: State Attorneys General on the
Case.
Money Moves on the Nonprof it Dance Floor: The Consequences of a
Faster Tempo.
Index.
Research, Evaluation, and Strategic Planning for Changing Our
World, Inc. and its philanthropy division, Archimede Philanthropy
Partners. She has extensive experience in research, analysis, and
planning, most recently with the prestigious New York Academy of
Sciences. At the Academy, she created the first technology and
public policy program, and then became Director of Strategic
Planning and Special Projects. Prior to this, Dr. Raymond was a
project officer at the World Bank and a senior consultant to the
U.S. Agency for International Development and to various private
organizations including the Carnegie Corporation, specializing in
healthcare and international economic research.
Mary Beth Martin, Esq., is a Senior Managing Director at
Changing Our World, Inc. and its philanthropy division, Archimede
Philanthropy Partners, overseeing the firm's Boston office. With
nearly twenty years' experience in the fundraising field, she has
done extensive work in higher education, focusing primarily on
planned giving, major gifts, and capital campaigns. Since joining
Changing Our World, she has provided planned giving advice to
numerous clients, in addition to providing fundraising strategy and
capital campaign oversight. She has addressed both national and
regional organizations as well as numerous nonprofit boards and
development professionals on the topic of planned giving.
