
Giving in Time
Description
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What are the historical and moral foundations for establishing perpetual foundations? What are the leading challenges to philanthropic perpetuity?
What is the significance of the recent trend toward "Giving While Living," the calls to give not through bequests but in one's lifetime?
What are the ethical arguments for giving now rather than giving later?
What is a giver's responsibility to his current moment in time versus his obligation to the future?
How does the legal framework supporting and structuring philanthropic practice shape approaches toward giving in time? How should it?
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Persons
Benjamin Soskis is a Research Associate at the Center on Nonprofits and Philanthropy at the Urban Institute and the co-editor of HistPhil, a web publication dedicated to the history of the nonprofit and philanthropic sectors. He has also served as a consultant to the Open Philanthropy Project's History of Philanthropy program. Soskis is a frequent contributor to the Chronicle of Philanthropy and the Atlantic; his writing on philanthropy has also appeared in the Washington Post, New Yorker.com, the Guardian, the American Prospect, Stanford Social Innovation Review, and Nonprofit Quarterly. He is the co-author of The Battle Hymn of the Republic: A Biography of the Song that Marches On (Oxford, 2013) and Looking Back at 50 Years of US Philanthropy (Hewlett Foundation, 2016). Soskis has taught at the George Washington University and the University of California, Washington Center and received his PhD in American history from Columbia University.
Content
Stanley N. Katz and Benjamin Soskis
PART I: HISTORY
2 "Giving While Living" in Historical Perspective
Benjamin Soskis
3 Against Perpetuity
Rob Reich
4 Endowed for Eternity: American Jewish Philanthropy in Time
Lila Corwin Berman
PART II: THEORY
5 "That the Earth Belongs in Usufruct to the Living": Intergenerational Philanthropy and the Problem of Dead-Hand Control
Theodore M. Lechterman
6 Intergenerational Justice and Charitable Giving: A Libertarian Perspective
Miranda Perry Fleischer
7 When Should an Effective Altruist Donate?
William MacAskill
8 In Pursuit of Legacy: Digital Data and the Future of Foundations
Lucy Bernholz
PART III: PRACTICE
9 Time-Limited Foundations: Comparative Perspectives from Europe
Helmut K. Anheier and Sandra Rau
10 Is It Really a Matter of Time?: Rethinking the Significance of Foundation Life Span
Francie Ostrower
11 Value, Time, and Time-Limited Philanthropy: A Theoretical Approach Applied to Two Real Examples
Tony Proscio
12 The Myth of Payout Rules: Where Do We Go from Here?
Brian Galle and Ray Madoff
Selected Bibliography
Index
About the Editors and Contributors
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