The Art of Giving: Where the Soul Meets a Business Plan

The Art of Giving: Where the Soul Meets a Business Plan


By (author) Charles Bronfman, By (author) Jeffrey R. Solomon, By (author) John Sedgwick

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  • Publisher: Jossey Bass Wiley
  • Format: Hardback | 288 pages
  • Dimensions: 157mm x 231mm x 30mm | 476g
  • Publication date: 29 October 2009
  • Publication City/Country: Chichester
  • ISBN 10: 0470501464
  • ISBN 13: 9780470501467
  • Sales rank: 1,132,646

Product description

An honest assessment for how to determine your individual relationship with charitable giving in today's world From world-renowned philanthropists Charles Bronfman and Jeffrey Solomon of the Andrea and Charles Bronfman Philanthropies comes a comprehensive guide on how to be a canny, street-smart, effective philanthropist, regardless of your income level. It is also a perfect companion for nonprofit program and development executives who would like to introduce donors to their work and their organizations. Despite their critical importance to philanthropy, donors have few resources for solid information about making their gifts-deciding what type of gift to give, how to structure it, the tax implications, what level of follow-up and transparency they should ask for and expect, and countless other complexities. This book fills that vacuum and helps you gain a special understanding of philanthropy as a business undertaking as well as a deeply personal, reflective process. Drawing on decades of experience, the authors offer a fresh, enlivening approach to the nonprofit enterprise that, too often, is undervalued and thought of as the province of the burnt-out and the overwhelmed. Along with its many candid insights and memorable anecdotes, The Art of Giving also offers instruction on how to create a business plan for giving that works for you.

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Author information

Charles Bronfman, of the Seagram's corporate family, is the founder of the Andrea and Charles Bronfman Philanthropies. He was cochairman of Seagram's, the founding owner of the Montreal Expos, and former chairman of Koor Industries Ltd., as well as chairman of the Montreal Jewish Federation and the first chairman of the United Jewish Communities. Among his many philanthropic duties, Bronfman sits on the boards of Mount Sinai Medical Center and Brandeis University. Jeffrey Solomon is president of the Andrea and Charles Bronfman Philanthropies. He has taught the subject of philanthropy at New York University and has served on numerous nonprofit boards, including the Council on Foundations, where he chaired the Committeeon Ethics and Practice. Solomon has been chief operating officer of the United Jewish Appeal Federation in New York, and he is a founding trustee of the World Faiths Development Dialogue.

Back cover copy

The Art of GivingWhere the Soul Meets a Business PlanCharles Bronfman & Jeffrey SolomonForeword by James Wolfensohn, former president, World BankPraise for The Art of Giving"Anyone interested in philanthropy and not-for-profit must read The Art of Giving. It's a key playbook on how to set your goals and be sure your money is spent wisely on all sides." --Leonard A. Lauder, chairman, The Estee Lauder Companies Inc."In The Art of Giving, Charles Bronfman and Jeffrey Solomon offer the reader a rare gift: honesty, practicality, experience, savvy, self-awareness. Together, the donor and the professional guide us through the vineyards of philanthropy better than the solo practitioner or the cloistered academic." --Reynold Levy, president, Lincoln Center for the Performing Arts"Drawing with insight, experience, and humor on their separate paths through philanthropy, Charles Bronfman and Jeffrey Solomon have created a crisp, insightful guide for donors pursuing the true test of success: changing the world for the better." --Diana Aviv, president and CEO, Independent Sector"The Art of Giving provides a rare glimpse into the minds and experiences of a generous philanthropist and an experienced nonprofit administrator, effectively building upon the importance of self-reflection, intentionality, aspiration, and accountability for philanthropic investments. An important contribution to our growing literature on philanthropy." --Michael J. Austin, director, Mack Center on Nonprofit Management, and professor, University of California, Berkeley "The Art of Giving takes the reader on a journey through the wonderful world of philanthropy and pulls no punches in describing the lessons to be learned in combining effective giving with personal satisfaction. It has value for the entire family of the nonprofit world--donors, organizational leaders, foundations--providing easy-to-read material for those new to philanthropy as well as veterans of the field." --Steve Gunderson, president and CEO, Council on Foundations "Charles Bronfman has devoted his life to philanthropy, and he writes therefore with comprehensive knowledge, providing us with new and thoughtful ideas for all of us who would like to follow in his footsteps. His book should be read by all those whose lives are touched by philanthropy." --Jacob Rothschild, honorary president, Institute for Jewish Policy Research

Flap copy

A unique guide to finding purpose, meaning, and results in thecomplex world of charitable givingIn this definitive guide, world-renowned philanthropist CharlesBronfman and lifelong expert and nonprofit leader Jeffrey Solomonshow donors and potential donors how to become street-smart, effective philanthropists.Despite their critical importance to philanthropy, donors havefew resources for solid information--deciding what type of giftto give, how to structure it, the tax implications, what level offollow-up and transparency they should expect, among many othercomplexities. With candid, clear advice, this book fills thatvacuum and helps anyone gain a special understanding ofphilanthropy as a business undertaking as well as a soulfulprocess. It also shows nonprofits how to open a dialogue with thedonors they serve to make smart, meaningful choices with theirfunds to create change.Comprised of three key sections--The Donor, The Partners, and The Gift--The Art of Giving offers reflective questions, logistical answers, and endless resources to create a business planfor giving that works for you, regardless of income level. Byexploring the differences between charity and philanthropy, thecomplexities of nonprofits, and the tools for making a thoughtfuldonation--as well as your own passions, concerns, andtimeline--you will be better informed, able to confidentlyarticulate your own interests, passions, and giving needs, and knowthe right questions to ask.Whether you are a potential donor, active donor, or a nonprofitprofessional working with donors, The Art of Giving reveals how theact of giving benefits not only the recipient but also oneself.

Table of contents

Foreword. by James Wolfensohn. Introduction: Who We Are. Part One: The Donor. 1 Getting Started. 2 The Joy of Giving. 3 The New Philanthropy. 4 Donors Come in All Types. 5 The Soul of the New Philanthropist. 6 Accelerants. 7 Finding Your Niche. Part Two: The Partners. 8 Do I Do It-or Do I Buy It? 9 Working with a Nonprofit. 10 Running the Show. 11 The Family. 12 The Face in the Mirror. 13 Philanthropy in Hard Times. Part Three: The Gift. 14 A Glossary of Gifts. 15 The Pudding Is in the Proof. 16 A Little Financial Advice 17 On Innovations 18 Twenty Questions-Investing in Changing the World. Epilogue: Why We Are Here. Part Four: Resources. Resource A: National Taxonomy of Exempt Entities: Core Codes Classification System. Resource B: Index of Nonprofit Resources. Resource C: Further Sources of Information. Acknowledgments. About the Authors. Index.