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Giving in Time
Temporal Considerations in Philanthropy
Giving in Time
Temporal Considerations in Philanthropy
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Description
Within the philanthropic sector, as never before, time is of the essence. That is, temporal considerations—questions of intergenerational ethics, of the merits of giving now versus giving later, of the benefits and perils of perpetuity—have gained greatly in prominence. Bringing together the most esteemed contemporary scholars of philanthropy, Giving in Time provides the first sustained analysis of the complex issues surrounding the temporal dimensions of voluntary giving. Incorporating the perspectives of political scientists, historians, legal scholars, and philosophers, the contributors tackle critical questions confronting a new generation of philanthropists in a way that will appeal to academics and practitioners. They take on questions such as:
What are the historical and moral foundations for establishing perpetual foundations? What are the leading challenges to philanthropic perpetuity?
What is the significance of the recent trend toward “Giving While Living,” the calls to give not through bequests but in one’s lifetime?
What are the ethical arguments for giving now rather than giving later?
What is a giver’s responsibility to his current moment in time versus his obligation to the future?
How does the legal framework supporting and structuring philanthropic practice shape approaches toward giving in time? How should it?
Table of Contents
Stanley N. Katz and Benjamin Soskis
PART I: HISTORY
2 “Giving While Living” in Historical Perspective
Benjamin Soskis
3 Against Perpetuity
Rob Reich
4 Endowed for Eternity: American Jewish Philanthropy in Time
Lila Corwin Berman
PART II: THEORY
5 “That the Earth Belongs in Usufruct to the Living”: Intergenerational Philanthropy and the Problem of Dead-Hand Control
Theodore M. Lechterman
6 Intergenerational Justice and Charitable Giving: A Libertarian Perspective
Miranda Perry Fleischer
7 When Should an Effective Altruist Donate?
William MacAskill
8 In Pursuit of Legacy: Digital Data and the Future of Foundations
Lucy Bernholz
PART III: PRACTICE
9 Time-Limited Foundations: Comparative Perspectives from Europe
Helmut K. Anheier and Sandra Rau
10 Is It Really a Matter of Time?: Rethinking the Significance of Foundation Life Span
Francie Ostrower
11 Value, Time, and Time-Limited Philanthropy: A Theoretical Approach Applied to Two Real Examples
Tony Proscio
12 The Myth of Payout Rules: Where Do We Go from Here?
Brian Galle and Ray Madoff
Selected Bibliography
Index
About the Editors and Contributors
Product details
Published | Mar 15 2023 |
---|---|
Format | Ebook (PDF) |
Edition | 1st |
Extent | 288 |
ISBN | 9798765173671 |
Imprint | Rowman & Littlefield Publishers |
Illustrations | 3 b/w illustrations; 5 tables |
Series | Urban Institute Press |
Publisher | Bloomsbury Publishing |
About the contributors
Reviews
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In this sparkling new essay collection, Soskis and Madoff have created an essential resource for anyone grappling with this tension. It offers the first comprehensive exploration of the historical, legal and philosophical context for understanding the temporal dimension of giving and the important questions it raises.
Many of these questions don’t have easy solutions, but this book provides an invaluable guide for practitioners and academics alike when it comes navigating the trade-offs between time-limited and perpetual approaches.Rhodri Davies, Founder & Director, Why Philanthropy Matters
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The study and practice of philanthropy today must address time – of giving, impact, deciding and evaluating. This compelling collection of perspectives from top scholars makes the case as it illuminates the key problems and possibilities to address in the process.
Amir Pasic, Dean of the IU Lilly Family School of Philanthropy
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All committed philanthropists seek to maximize impact and influence. In this regard, as Soskis, Madoff, and others point out, timing is everything. This book is a thorough and thoughtful exposition of examples and considerations to guide giving in time to realize those ends.
Christopher Oechsli, President & CEO of The Atlantic Philanthropies
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Giving in Time offers an expansive and beneficial compilation of perspectives on a central aspect of philanthropic discourse that is as vital today as it was in the 1800s. By examining the tensions in the underlying values and interests that have come to shape how we view the obligation of foundations to current vs future needs, this book provides a deeper analysis of contentious issues like payouts and DAFs. I can definitely see this book being a key resource for scholars and policymakers for decades to come.
Shena Ashley, philanthropy scholar and practitioner
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This new volume will give hours of enjoyment and benefit to anyone looking to expand their understanding of the issue" of giving in time. Or: "the best book I’ve read so far about an issue that continues to grow in importance among nonprofit law scholars.
Nonprofit Law Prof Blog