The Legitimacy of Philanthropic Foundations: United States

Format: Hardcover

Language: English

Format: PDF / Kindle / ePub

Size: 10.25 MB

Downloadable formats: PDF

Change means a break from our routine, and for creatures of habit, this is a violent act. For example, a recent survey reported that administrative costs are 8.8 percent of total giving on average. [29] Measuring social performance is challenging, but significant progress has been made in developing tools that companies can use to estimate the societal impact of their philanthropic activities. [30] For example, the Committee Encouraging Corporate Philanthropy has developed a framework that includes procedures for assessing whether individual grantees are achieving the intended outcome as well as procedures for estimating an overall social return on investment. [31] Given the diversity of corporate giving programs, there is no “one size fits all” approach to evaluating the effects on social welfare, and companies must individually determine which metrics best suit their needs.

Pages: 312

Publisher: Russell Sage Foundation (October 27, 2006)

ISBN: 0871546965

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