Book reviews

Philanthropy News Digest offers reviews of recently published books exploring topics of debate inside and outside the philanthropic sector. For more information, contact Kyoko Uchida, managing editor, at kyoko.uchida@candid.org.

Financing Nonprofits: Putting Theory into Practice

Financing Nonprofits: Putting Theory into Practice

By Dennis R. Young, editor
October 6, 2007 Loretta Ferrari

The Foundation Center's Loretta Ferrari reviews a comprehensive, high-level examination of the theory underlying nonprofit finance, based on the premise that nonprofit finance, being mission-determined, is fundamentally different than corporate or public-sector finance....

Encore: Finding Work That Matters in the Second Half of Life

Encore: Finding Work That Matters in the Second Half of Life

September 19, 2007 Chuck Bartelt

With the United Nations having identified global warming, global terrorism, and global aging as "the top three socioeconomic issues of the twenty-first century," Freedman, founder and CEO of  Civic Ventures, argues that reinventing the concept of retirement is essential if we are to address the employment crisis rapidly confronting the aging baby boomer generation....

Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity

Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity

By William J. Baumol, Robert E. Litan, Carl J. Schramm
September 13, 2007 Daniel Matz

The Foundation Center's Daniel Matz reviews the book by senior executives at the Ewing Marion Kauffman Foundation the director of the Kauffman-funded Berkley Center for Entrepreneurial Studies at New York University, which explains how radical entrepreneurial innovation has and continues to be the foundation of our prosperity....

Mapping the New World of American Philanthropy: Causes and Consequences of the Transfer of Wealth

Mapping the New World of American Philanthropy: Causes and Consequences of the Transfer of Wealth

By Susan U. Raymond, Mary Beth Martin
August 29, 2007 Michael Dietsch

Michael Dietsch reviews a collection of essays that detail the social and economic trends shaping the new world of philanthropy — including a massive intergenerational transfer of wealth, the changing face of the U.S. population, the growing influence of women in all aspects of American life, and the proliferation of philanthropic models and mechanisms....

Reconnecting Education and Foundations: Turning Good Intentions into Educational Capital

Reconnecting Education and Foundations: Turning Good Intentions into Educational Capital

By Ray Bacchetti, eds., Thomas Ehrlich
August 8, 2007 Jalylah Burrell

Edited by two resident scholars at the Carnegie Foundation for the Advancement of Teaching, this collection on the faltering relationship between foundations and educational institutions proposes a paradigmatic shift toward the accumulation of educational capital by grantseekers and grantmakers....

Big Time Fundraising for Today's Schools

Big Time Fundraising for Today's Schools

By Stanley Levenson
August 1, 2007 Sandy Pon

Like colleges, universities, and private schools, Levenson argues in his new book, public school districts need to move away from "labor-intensive, nickel-and-dime" fundraising events such as bake sales and festivals and pursue larger gifts if they hope to effect real change in their schools....

Taking Philanthropy Seriously: Beyond Noble Intentions to Responsible Giving

Taking Philanthropy Seriously: Beyond Noble Intentions to Responsible Giving

By William Damon, editors, Susan Verducci
July 19, 2007 Matt Sinclair

Damon, Verducci, and their fellow essayists describe a philanthropic field that is filled with people who make their living mediating between donors and recipients but whose "own values and agendas...consciously or not, may diverge from those of the donors and those of the recipients"....

Be Bold: Create a Career With Impact

Be Bold: Create a Career With Impact

By Cheryl L. Dorsey, Lara Galinsky
June 27, 2007 Algernon Austin

Dorsey and Galinsky open their new book, Be Bold: Create a Career with Impact, with this fact: "62 percent of graduating college seniors are interested in careers related to public service, yet only 9 percent know a great deal [about] how to go about finding a job in the nonprofit sector"....

The Foundation: A Great American Secret; How Private Wealth Is Changing the World

The Foundation: A Great American Secret; How Private Wealth Is Changing the World

By Joel Fleishman
June 13, 2007 Matt Sinclair

Few books on philanthropy merit the accolade "instant classic," but The Foundation has all the ingredients to be considered just that — especially by those whose work and lives are directly affected by foundations. And as Fleishman, a professor of law and public policy at Duke University, makes clear, that means most of us....

Creating Change Through Family Philanthropy: The Next Generation

Creating Change Through Family Philanthropy: The Next Generation

By Alison Goldberg, Karen Pittelman, Resource Generation
June 6, 2007 Lauren Kelley

PND's Lauren Kelley reviews a guidebook for the young, wealthy, and progressively-minded who believe in social change and are ready to get involved, which provides an introduction to the history of family foundations and how they work as well as a call to action....

To Improve Health and Health Care: The Robert Wood Johnson Foundation Anthology

To Improve Health and Health Care: The Robert Wood Johnson Foundation Anthology

By Stephen L. Isaacs and James R. Knickman, eds.
May 30, 2007 Daniel Matz

The Foundation Center's Daniel Matz reviews the tenth edition of the Robert Wood Johnson Foundation's To Improve Health and Health Care Anthology, which provides an excellent opportunity to reflect on health and healthcare philanthropy's development as a discipline and to explore the limits of the field's impact on national healthcare policy....

Cause Marketing for Nonprofits: Partner for Purpose, Passion, and Profits

Cause Marketing for Nonprofits: Partner for Purpose, Passion, and Profits

By Jocelyne Daw
May 23, 2007 Sandy Pon

Part of the Association of Fundraising Professionals' Fund Development Series, Cause Marketing for Nonprofits aims to show nonprofit executives and trustees, development professionals, and other nonprofit practitioners how they can use this trend to the mutual benefit of themselves and their corporate partners....