Philanthropy in America: New directions

Article Abstract:

The former US President Hoover, who had built and directed pioneering famine-relief projects in post-World War I Western Europe and Russia, tried to enlist philanthropies in fighting the Great Depression, and he reminded the Americans of individual responsibility to the neighbors. Cooperation between the government and philanthropic organizations grew closer on the domestic front as well as on foreign philanthropic projects, and foundation grants were given to programs aimed at poverty, race relations, urban problems, and as investments in minority-owned businesses as initiated by the Ford Foundation

International aspects, History, Charities, Charitable contributions, Charitable donations, Great Depression, 1929-1934

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Philanthropy in America: Billionaires and scandals

Article Abstract:

A series of scandals In the United States, primarily exposed by investigative journalists, during the mid-1990 highlighted the harsh realities of philanthropic foundations. Those who were involved in the scandal included the United Ways' Aramony for diverting charitable donations to subsidize personal expense, the James Irvine Foundation, which had paid its ex-president more than $700,000 a year, plus perks during economic recession, and the J. Paul Getty Trust, the board of which, had approved thousands of dollars' worth of improper spending.

Legal issues & crime, Company legal issue, Investigations, Americans, Billionaires

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Philanthropy in America: In poor nations, philanthropy is cost of doing business

Article Abstract:

Modern corporate philanthropy is not only designed to achieve social benefits that indirectly benefit the companies' bottom lines, but some charitable programs also end up as investment opportunities. Philanthropy projects such as microfinance projects, devised in 1976 by Bangladeshi economist Muhammad Yunus, are examples of such programs, which originated as purely philanthropic enterprises, but eventually attracted the attention of conventional investors, who set up microfinance operations in poor nations.

Africa, Corporate social responsibility, Philanthropy

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