Beloit College Magazine

Beloit College Magazine

Fall/Winter 2010 (November 8, 2010 at 12:00 am)

Great Philanthropic Mistakes


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November 8, 2010 at 12:00 pm

Great Philanthropic MistakesBy Martin Morse Wooster’80

Hudson Institute, Inc.

Washington, D.C., 2006, 2010

In this revised and expanded edition of his treatise on unsuccessful philanthropic programs, Wooster expands on case studies of eight foundations whose abundance of resources did not protect them from failing to meet their mandates.

“Their failures provide valuable lessons for future philanthropists who believe their wealth gives them unlimited power to change the world,” Wooster writes in his introduction.

The Rockefeller Foundation (1913-28) and its medical education programs, The Carnegie Corporation (1965-67, 1977-80) and public television, and The Ford Foundation (1967-68) and its support of school decentralization are among the programs and foundations addressed in this publication from The Bradley Center for Philanthropy and Civic Renewal.

Wooster is a senior fellow at the Capital Research Center in Washington, D.C., and a contributing editor to Philanthropy.

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