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    Philanthropic Foundations, Public Good and Public Policy

    By Diana Leat

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    This
    book discusses a series of related but independent challenges faced by
    philanthropic foundations, drawing on international, contemporary and
    historical data.  Throughout the world,
    private philanthropic foundations spend huge sums of money for public good
    while the media, policy-makers and the public have little understanding of what
    they do and why. Diana Leat considers
    the following questions: Are philanthropic foundations more than warehouses of
    wealth? Where does foundation money come from, and is there a tension between a
    foundation’s ongoing sources of income and its pursuit of public good? How are
    foundations regulated and held accountable in society? Is there any evidence
    that foundations are effective in what they do? Is it possible to have too much
    philanthropy? In posing these questions, the book explores some of the key
    tensions in how foundations work, and their place in democratic societies.

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