News & Features
Fleishman urges new era of accountability in philanthropy
By
Suzanne Perry
The Chronicle of Philanthropy
Joel Fleishman is on a mission to save foundations from themselves. Calling
them “the least accountable major institutions in America,” Fleishman
argues in a new book that although foundations play a vital role in the country’s
civic life, they must act quickly to mend their arrogant and secretive ways
or risk increased public skepticism and government regulation.
“The only way for foundations to protect the freedom, creativity, and flexibility they now enjoy — and which they need if they are to serve society to their fullest potential — is to open their doors and windows to the world so that all can see what they are doing and how they are doing it,” he writes in The Foundation: A Great American Secret — How Private Wealth Is Changing the World.
Few people are better placed to send a message to the nation’s grant makers than Fleishman, who has worn many hats during his long career: philanthropy scholar, foundation head, foundation-board member, charity-board member, corporate-board member, public official, university administrator, university fund raiser, Duke University public policy and law professor and more.
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