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Governance and value creation in grant-giving foundations


  • Fabio Monteduro

    () (Università di Roma Tor Vergata)

  • Alessandro Hinna

    () (Università di Roma Tor Vergata)

  • Giacomo Boesso

    () (Università di Padova)


Grant 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.

Suggested Citation

  • Fabio Monteduro & Alessandro Hinna & Giacomo Boesso, 2010. "Governance and value creation in grant-giving foundations," "Marco Fanno" Working Papers 0117, Dipartimento di Scienze Economiche "Marco Fanno".
  • Handle: RePEc:pad:wpaper:0117

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    governance; foundations; strategic philanthropy;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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