By 2025, Americans will likely be donating over half a trillion
dollars annually to nonprofit organizations. Those philanthropic gifts
will transform significant parts of America's civic sector landscape.
Philanthropy is entering an era of unprecedented growth and innovation.
Established foundations such as Ford and Rockefeller are doubling down
on programs tackling long-simmering problems, including global
inequality, less-than-stellar education, and uneven access to health
care. Many foundations are engaging in advocacy on controversial issues,
exploring venture philanthropy solutions, and experimenting with impact
investing. And philanthropists such as Bill Gates, Warren Buffett, New
York's high-profile financiers, and Silicon Valley's billionaires are
planning to put their wealth to work as never before: Mark Zuckerberg
and Priscilla Chan recently pledged to donate 99 percent of their
Facebook shares during their lifetimes, and nearly 150 others have
signed the Giving Pledge to increase dramatically their giving while
living.
In Putting Wealth to Work, Joel L. Fleishman provides expert analysis
of contemporary philanthropy, offering invaluable insight for those
engaging with and affected by charitable foundations. This is the
fascinating and definitive account of philanthropy today, and an
indispensable guide to understanding its inner workings, impact, and
expansive potential.
