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How Great Philanthropist s Failed & How You Can Succeed at Protecting Your Legac
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- Book Title
- How Great Philanthropists Failed & How You Can Succeed at Protect
- ISBN
- 9781892934048
- Subject Area
- Biography & Autobiography, Social Science
- Publication Name
- How Great Philanthropists Failed and How You Can Succeed at Protecting Your Legacy
- Publisher
- Capital Research Center
- Item Length
- 9 in
- Subject
- Rich & Famous, Philanthropy & Charity
- Publication Year
- 2018
- Type
- Textbook
- Format
- Trade Paperback
- Language
- English
- Item Height
- 1.1 in
- Item Width
- 6 in
- Number of Pages
- 444 Pages
關於產品
Product Information
Men of amazing entrepreneurial genius, like Andrew Carnegie, John D. Rockefeller, and Henry Ford, built commercial empires larger than the world had ever seen; they produced astronomical returns on investment and were rarely tricked out of their money in business deals. But when they turned to giving that money away, they failed. And as Martin Morse Wooster so finely reports in this book, many other persons of somewhat smaller wealth have also had their charitable plans go awry. Wealthy and prestigious colleges, Wooster documents, have treated donors shamefully. The donors' own staff and assistants have betrayed the vision of the men and women who gave them the money they now abuse. Even family members have utterly disregarded how their ancestors wanted the fruits of their labor to be used. Billions upon billions of dollars that were earned in the American marketplace by titans of industry are now in the hands of treacherous philanthropic elites who use that wealth to attack the very system that generated it. So if you're a donor contemplating how to structure your giving, I suggest you skim some of the detailed history in Part I of this book, which lays out the leading horror stories of American philanthropy. Then you may want to skim more slowly through Part II, where Wooster tells the stories of luckier families, who have achieved better results through careful planning and hard work. Lastly, you should focus your attention most keenly on the final chapter, which features practical advice based on the histories in Parts I and II--because you must face the brutal fact that it is not easy to give well, even while you're living. After you're gone, the odds of successful giving are stacked even higher against you. Scholars of philanthropy, on the other hand, will want to savor every word of Wooster's fascinating history, which unearths so many little-known details of this critical aspect of American giving. Perhaps those scholars will also have a pang of guilt at their own neglect of this topic, because only four books have ever been written on this history: namely, the first, second, third, and now fourth edition of this work.
Product Identifiers
Publisher
Capital Research Center
ISBN-10
1892934043
ISBN-13
9781892934048
eBay Product ID (ePID)
239661147
Product Key Features
Number of Pages
444 Pages
Language
English
Publication Name
How Great Philanthropists Failed and How You Can Succeed at Protecting Your Legacy
Publication Year
2018
Subject
Rich & Famous, Philanthropy & Charity
Type
Textbook
Subject Area
Biography & Autobiography, Social Science
Format
Trade Paperback
Dimensions
Item Height
1.1 in
Item Length
9 in
Item Width
6 in
Additional Product Features
Edition Number
4
LCCN
2017-048716
Dewey Edition
23
Reviews
"I dislike the term 'must reading' when used about anything other than the Bible, but if you are wealthy and creating a foundation, here's an almost-must: Martin Morse Wooster's How Great Philanthropists and How You Can Succeed at Protecting Your Legacy (Capital Research Center, 2017). Spoiler alert: Neither you nor your money will live forever, and by the third generation your dollars may be used for purposes antithetical to your beliefs, so create term limits." - Marvin Olasky, WORLD Magazine., How can those who create charitable foundations ensure that their wishes will be followed after their deaths? What's to prevent relatives, lawyers, and foundation officials from ignoring or reinterpreting a donor's charitable intentions to fit their own plans for the money? This book testifies to the continuing importance of the issue of donor intent. In this third edition, Capital Research Center Senior Fellow Martin Morse Wooster offers a fascinating overview of the founding fathers of American philanthropy. He examines the entrepreneurship and charity of Andrew Carnegie, John D. Rockefeller, Henry Ford, and others less well known who created vast new wealth and then contemplated what would become of it after they died. In some cases, such as the JM Foundation, Bradley Foundation, and Duke Endowment, the intentions of donors have been upheld. In far too many others, however - including the Rockefeller Foundation, Ford Foundation, and Pew Charitable Trusts - donor intent has been disregarded or brazenly violated. Wooster explains why this is the case and offers advice for donors who wish to ensure that their intentions are upheld. W.J. Hume says in the preface, "There is a world of difference between those who earn great wealth and those who are bequeathed great wealth, and then find themselves responsible for spending someone else's money. Martin Wooster's recommendations should be carefully considered by those who wish to avoid the pitfalls of modern philanthropy."
Target Audience
Scholarly & Professional
Dewey Decimal
361.76320973
Lc Classification Number
Hv91.W6265 2017
Copyright Date
2018
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物品所在地:
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