Governance and value creation in grant-giving foundations
AbstractGrant giving foundation leaders are increasingly concerned with understanding the primary role their institutions are pressured to play in financing the growing non-profit sectors of developed economies. Furthermore, many academics, political leaders and practitioners are expecting foundations to play the unique role of merchant banks and venture capitalists to foster the positive impact of non-profit organizations on societies, people and issues they affect. The main contribution of this study lies in proposing and testing a theoretical framework that foundations might implement in order to efficiently disseminate liquidity and managerial expertise among selected grantees as well as to improve grantees’ social outcome.
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Bibliographic InfoPaper provided by Dipartimento di Scienze Economiche "Marco Fanno" in its series "Marco Fanno" Working Papers with number 0117.
Length: 24 pages
Date of creation: May 2010
Date of revision:
governance; foundations; strategic philanthropy;
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