Philanthropy has lost its way.

USA Today MagazineVol. 123 Nbr. 2590, July 1994

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Summary


There is a close relationship between the nonprofit sector and the public sector. Nonprofit corporations are developing social programs to be financed with public funds and are expanding the role of government is redistributing wealth.

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Philanthropy has lost its way.

"Why spend $100,000 on a soup kitchen to feed the hungry when you can spend the same amount to produce a study that will influence legislators to increase Federal spending on food stamps for all?"

The nonprofit or independent sector is growing at a tremendous pace in America. It is becoming an increasingly significant part of public and private life. Total giving by individuals, corporations, and foundations has risen more than 250% - from less than $10,000,000,000 in the mid 1950s to well over $100,000,000,000 today. Another index of growth is the fact that there are nearly 1,000,000 nonprofit organizations operating across the country. ...

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