Individual and family philanthropy

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Philanthrocapitalism: How the Rich Can Save the World
Matthew Bishop and Michael Green
New York: Bloomsbury Press, November 2008. 298pp. Cloth. ISBN 978-1-59691-374-5, £16.99
www.bloomsburypress.com Philanthrocapitalism is an essential resource that provides the most comprehensive and well-researched review of contemporary global giving that exists to date. Bishop and Green authoritatively map out the terrain of philanthropy at the start of the 21st century. Regardless of your personal take on the merits of the movement described as philanthrocapitalism, this is a book that will earn its place on any bookshelf as a very useful resource on the ideas, people and organisations that populate the contemporary philanthropic scene. Read the review in the December 2008 Newsletter.

Just Another Emperor? The Myths and Realities of Philanthrocapitalism
Michael Edwards, New York: Demos and The Young Foundation, February 2008. 108pp. Paperback. ISBN 978-0-9816151-1-0, £7.95
www.youngfoundation.org
In Just Another Emperor? Edwards critiques the claims he sees being made by philanthrocapitalists in the US - "a new movement is afoot that promises to save the world.” The book is an interesting and provocative one that brings debates about philanthropy to wider attention. Read the review in the June 2008 newsletter.

Beyond Success: Building a Personal, Financial, and Philanthropic Legacy
Randall J. Ottinger, New York: McGraw-Hill Professional, September 2007. 320pp. Hardback. ISBN 978-0-0714-9676-6, £15.99 
http://www.mhprofessional.com
Beyond Success is aimed at wealthy individuals who are beginning to ask themselves such questions as what do you do once you have achieved financial success? How should you spend your time and money? It is a ‘how-to’ guide to modern philanthropy and succession planning that gives a broad introduction to all areas of legacy building, from preparing your children for money, to constructing a ‘portfolio’ of social investments.  Read the review in the March 2008 newsletter. 

Inspired Philanthropy: Your Step-by-Step Guide to Creating a Giving Plan and Leaving a Legacy
Tracy Gary, New York: Jossey-Bass, November 2007. 336pp. Hardback. ISBN 978-0-7879-9652-9
,£15.99  http://www.josseybass.com
Tracy Gary is an all-American motivational guru who has created her own unique niche. Instead of using her charm, patter and perfect teeth to help salesmen sell more widgets or assist managers in squeezing more productivity out of their team, Gary uses all the same techniques to impel her audience to realise their highest philanthropic potential.
Read the review in the March 2008 newsletter. 

Effective Philanthropy: Organizational success through deep diversity and gender equality
Mary Ellen S. Capek & Molly Mead. Cambridge Mass: MIT Press, 2006
Original research into the beneficial effects of promoting gender equity via grant-making. A discussion of the positive correlation between diversity and effective philanthropy is followed by a series of case studies highlighting successful foundation activity in this area.

Creating Change Through Family Philanthropy: The next generation
Alison Goldberg, Karen Pittelman & Resource Generation. New York: Soft Skull Press, 2006
The intended readership is young people, like the authors, who are just becoming involved in their family’s philanthropy. Personal stories and exercises are provided to ease the new philanthropists’ entry into the world of grant-making. However the insights are also of wider interest to all those wishing to understand how young people of wealth can make an impact in social justice philanthropy.
• Read the review in the September 2007 Newsletter

Generations of Giving
Kelin E. Gersick. Washington DC: Lexington Books, 2006
A study of family foundations based on the experiences of thirty families in the USA and Canada. This book explains how and why these families chose to give through a collective vehicle, identifies the key challenges facing this form of philanthropy and describes approaches to making a family foundation successful.
Read the review in the September 2007 Newsletter

Why Rich People Give
Theresa Lloyd. London: Philanthropy UK, Association of Charitable Foundations, 2004
This first major UK study of the rich and their giving is based on interviews with 76 wealthy people. Packed with information on donors’ attitudes to faith, family and community, early experiences of giving, motivations, relationships with recipient charities and feelings about wealth and responsibility. It concludes with recommendations on how to increase the level of giving by wealthy people in the UK, including changes to the system of tax reliefs, and advice to charities on how to attract and develop relationships with major donors.
Click here to read the summary findings

Women, Philanthropy and Civil Society
Kathleen D. McCarthy (ed). Bloomington: Indiana University Press, 2001
This collection of essays covers a wide geographical area – from Ireland to Australia via France, Norway, Egypt, India, South Korea and Brazil – and a historical period stretching back to the sixteenth century. Contributors discuss how the giving of money and time by women has shaped civil society, political cultures as well as the lives of female donors and volunteers.

Socially Responsible Investment: A Global Revolution
Russell Sparkes. New York: John Wiley and Sons, 2002
The first book on SRI specifically written for investment professionals and their clients. The book will also help business executives and business schools looking at better corporate governance and business ethics.

Beyond Success: Building a personal, financial and philanthropic legacy
Randy Ottinger
New York: McGraw-Hill Professional, September 2007. 320pp. Hardback. ISBN 978-0-0714-9676-6, £15.99 
www.mhprofessional.com
Beyond Success is a guide that aims to assist individuals with the achievement of a meaningful and lasting financial, philanthropic, and generational family legacy. The author combines his personal experiences in both the financial and philanthropic fields with extensive research that draws on insights from hundreds of well-known philanthropists, thought leaders and advisors in the philanthropy and family wealth professions. Ottinger develops a legacy planning framework to help translate goals into measurable action for achieving high levels of personal fulfilment and social impact. He also provides insights into the latest trends in philanthropy, and examines the likely impact on the civil sector of the $100 trillion of wealth that is transferring from today's baby boomers to future generation. More reading recommendations can be found in Philanthropy UK's newsletter, December issue 31

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