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Strategic GivingThe Art and Science of Philanthropy$
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Peter Frumkin

Print publication date: 2006

Print ISBN-13: 9780226266268

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226266282.001.0001

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Dimensions of Philanthropic Value

Dimensions of Philanthropic Value

(p.146) 5. Dimensions of Philanthropic Value
Strategic Giving
Peter Frumkin
University of Chicago Press

This chapter analyzes the different dimensions of philanthropic value, highlights the changes in the importance given to public needs, the way these needs are defined, and how philanthropic resources are marshaled to address these needs. It explains the two fundamental dimensions to the concept of public needs and discusses the relative mix of public purposes and private values in American philanthropy. This chapter also considers four forms of value creation in philanthropy and offers suggestions on how to bring together the instrumentalism and expressivism dimensions of philanthropy.

Keywords:   philanthropic value, public needs, public purposes, private values, American philanthropy, value creation, instrumentalism, expressivism

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