Cultural Philanthropy and Entrepreneurship


Book Description

The continuing pressure on the funding of arts and culture across Europe is forcing cultural organisations to rethink their traditional ways of working. This book examines how an entrepreneurial cultural organisation can generate a form of cultural philanthropy as a viable source of alternative funding. The authors in the book address issues that include how to build trust and the language of the cultural entrepreneur; how to create and develop sustainable partnerships; and overcoming the dominant logic of cultural organisations as an obstacle in an engaged collaboration with private partners. Through expert insights and a comprehensive analysis of real-life case interviews, this book offers fresh perspectives on the challenges and opportunities inherent in cultural philanthropy. It provides invaluable insights for scholars and practitioners alike offering a multidisciplinary exploration from historical, legal, and management viewpoints within the arts sector.




Women's Culture


Book Description

Kathleen McCarthy here presents the first book-length treatment of the vital role middle- and upper-class women played in the development of American museums in the century after 1830. By promoting undervalued areas of artistic endeavor, from folk art to the avant-garde, such prominent individuals as Isabella Stewart Gardner, Gertrude Vanderbilt Whitney, and Abby Aldrich Rockefeller were able to launch national feminist reform movements, forge extensive nonprofit marketing systems, and "feminize" new occupations.




Philanthropy, Innovation and Entrepreneurship


Book Description

Intended as an essential introduction to philanthropy, this book provides a balanced, analytical, interdisciplinary overview of a complex, and often controversial, topic. Using case studies to illustrate the narrative, it covers everything from the history of individual, sometimes eccentric, philanthropists, to the controversies and challenges of ‘philanthrocapitalism’. This book explores philanthropists and their motivations: who are they and why do they give their money away? It explains what philanthropy does: its history and scope, and the impacts it has in areas such as science and the arts. The governance of philanthropy is explored: how decisions are reached about donations and their accountability. The book addresses the major controversies surrounding philanthropy, and discusses the difficulties involved in giving and receiving, e.g. the importance of ensuring that these processes are transparent and accountable. Lastly, the book considers the future of philanthropy, especially its changing role in society and the disruptive impact of digital technologies. Given its scope, the book offers a valuable resource for researchers interested in philanthropy, innovation and entrepreneurship, the motivations for individual and corporate donations, and the business of giving in general.




Corporate Cultural Responsibility


Book Description

Is corporate investing in the arts and culture within communities good business? Written by an expert on the topic who ran the Corporate Art Program at Johnson & Johnson, the book sets out the case for business patronage of the arts and culture and demonstrates how to build an effective program for businesses to follow. As companies seek new ways to add value to society, this book places business support of the arts in a corporate social responsibility context and offers a new concept: Corporate Cultural Responsibility. It discusses the issues underlying business support of the arts and explores new avenues of collaboration and value creation. The framework presented in the book serves as a guide for identifying the key attributes and projected impact of successful and sustainable models. Unlike other books centered on the relationship of art and commerce, this book looks at the broader and global implications of Corporate Cultural Responsibility. It also usefully sets the discussion about the role of philanthropy and corporate social responsibility and the arts within an historical timeframe. As the first book to link culture to community responsibility, the book will be of particular relevance to corporate art advisors and auction houses, as well as students of arts management and corporate social responsibility at advanced undergraduate and postgraduate levels.




Virtue Meets Value


Book Description

Abstract: This paper was written at a time of great attitudinal change in many American cities toward cultural support. Cities are reflecting on how to position their arts and cultural institutions for economic purposes, while simultaneously trying to leverage their vitality. Cultural administrators find themselves justifying the benefits of the arts to government officials, to philanthropic entities such as foundations and to corporate and individual patrons. Arts administrators are promulgating the fact that the arts and culture provide a unique platform for educating youth and helping communities. Some arts organizations and cultural institutions scorn a united arts front while other groups, in light of the events of 9/11, are starting to embrace shared resources and visions. In Columbus, where institutional endowments are scarce and competition for grant money by nonprofits is tight, asset building and working on a united vision is difficult. However, without pragmatic giving by institutions, nonprofits without large endowments would have trouble sustaining themselves. This paper acknowledges the idea that corporate social responsibility is now a universally accepted reality in our business community. Yet this paper also reports that many corporations remain unaware of how to best approach this complicated matter. Therefore three tools have been offered to make this difficult journey easier for businesses keen on expanding their approaches and attitudes. Recommended for valuable giving are the virtue matrix ideals along with concepts of the NewTithing Group with the Business Committee for the Arts. This triumvirate is explained in the paper along with the individual attributes that make each prong essential and exciting. A main objective of this paper is to contextualize the sphere of cultural philanthropy as it relates to different sectors. This re-contextualizing helps us to better understand the interplay between the factions. Therefore, discussions about the arts as a societal sector along with streams of funding and a description of corporate philanthropy appear. In an effort to track corporate giving, a cross city comparison between three Columbus, Ohio businesses and three Minnesotan businesses was performed. The new data that emerged displayed a strong connection showing that cities where companies are headquartered give the vast majority of their arts giving locally. This information lead to discussions about cultivating climates of philanthropy and the issues surrounding communication between nonprofits and their funders.




Why Philanthropy Matters


Book Description

The hidden role of philanthropy in enriching America's prosperity—and the world's Philanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation—and the world—has remained largely unexplored. Why Philanthropy Matters takes an in-depth look at philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment of wealth in other countries. Factoring in philanthropic cycles that help balance the economy, Zoltan Acs offers a richer picture of capitalism, and a more accurate backdrop for considering policies that would promote the capitalist system for the good of all. Examining the dynamics of American-style capitalism since the eighteenth century, Acs argues that philanthropy achieves three critical outcomes. It deals with the question of what to do with wealth—keep it, tax it, or give it away. It complements government in creating public goods. And, by focusing on education, science, and medicine, philanthropy has a positive effect on economic growth and productivity. Acs describes how individuals such as Benjamin Franklin, Andrew Carnegie, Bill Gates, and Oprah Winfrey have used their wealth to establish institutions and promote knowledge, and Acs shows how philanthropy has given an edge to capitalism by promoting vital forces—like university research—necessary for technological innovation, economic equality, and economic security. Philanthropy also serves as a guide for countries with less flexible capitalist institutions, and Acs makes the case for a larger, global philanthropic culture. Providing a new perspective on the development of capitalism, Why Philanthropy Matters highlights philanthropy's critical links to the economic progress, health, and future of the United States—and beyond.




Transformational Philanthropy


Book Description

Transformational Philanthropy: Entrepreneurs and Nonprofits is a practical guide on attracting entrepreneurs to nonprofit organizations as an investor, donor and true philanthropist. It provides insight into the decision making patterns, expectations, and philanthropic behaviors of entrepreneurs. The primary use of this book will be for those in the philanthropic world to understand how to approach entrepreneurs for donations and contributions. The book includes real world examples, industry statistics, case studies, interviews, and important how-to tips related to entrepreneurs.




Entrepreneurship Or Cultural Darwinism? Privatization and American Cultural Patronage


Book Description

The concept of the entrepreneur as an artsadministrator is developed as a person serving as a contractual intermediary,bringing together the government, the private sector, and the public for acultural good. The arts administrator functions as an entrepreneur who mediatesthe funding triad of earned income, philanthropic donations, and governmentsubvention. Using empirical evidence from both American and Australian systems ofpatronage, the role of philanthropy and the perils of privatizations arediscussed, given some uncritical approaches to privatization such as: theuniqueness of philanthropy in the American system of cultural patronage; thelimited potential for increase in Australian philanthropy, calling for themaintenance of all parts of the funding triad; the risk that commercializationmay dictate aesthetic decisions when profit becomes an end in itself; and theinevitability of Cultural Darwinism without public support. The cultural entrepreneur, as an advocate for culture, should function as acultural intermediary, facilitating a dialogue between art and society, artistand public, arts, organizations, and government, artistic production and publicfinance, aesthetics and politics.(CBS).




The World We Want


Book Description

In The World We Want, Peter Karoff presents a collective vision of an ideal world. By sharing his experiences and through conversations with more than forty social entrepreneurs, activists, nonprofit leaders, and philanthropists who are changing notions of 'the human condition' in Africa, Asia, Eastern Europe, Latin America, and North America, he describes how new partnerships and approaches are reducing suffering and gaining greater equity for people everywhere. These visionaries are engaged in a struggle of sorts, and that conscious engagement_'the shoulder to the wheel'_is a fundamental part of the world they want. The book weaves together multi-sector, multidiscipline strategies, but_in large part_it is about the power of human connection, reinforced by personal stories of motivation and the human capacity for caring. Without ignoring the institutional and cultural obstacles, and the courage needed to face down the dark side of human behavior, Karoff shows how citizen engagement and open source solutions could tip the scale toward a better world.




Understanding Philanthropy


Book Description

“A fine volume on the moral meaning and function of philanthropy…makes the case that philanthropy is essential to democratic society.”—Choice Philanthropy has existed in various forms in all cultures and civilizations throughout history, yet most people know little about it and its distinctive place in our lives. Why does philanthropy exist? Why do people so often turn to philanthropy when we want to make the world a better place? In essence, what is philanthropy? These fundamental questions are tackled in this engaging and original book. Written by one of the founding figures in the field of philanthropic studies, Robert L. Payton, and his former student sociologist Michael P. Moody, Understanding Philanthropy presents a new way of thinking about the meaning and mission of philanthropy. Weaving together accessible theoretical explanations with fascinating examples of philanthropic action, this book advances key scholarly debates about philanthropy and offers practitioners a way of explaining the rationale for their nonprofit efforts.