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- Title
A New Domain for Place-Rooted Foundations: Economic Development Philanthropy.
- Authors
Markley, Deborah; Macke, Don; Topolsky, Janet; Green, Travis; Feierabend, Kristin
- Abstract
This reflective practice article suggests a new domain for place-rooted foundations – economic development philanthropy – and highlights the important system-actor role that these foundations can and are playing to advance economic development that produces better outcomes for families and communities. Economic development philanthropy requires foundations to play integrating or missing roles to advance regional economic development – that they act to fill gaps that other organizations and agencies in the community or region are not addressing. The reflections shared in this article come from the collective field experience of the Aspen Institute Community Strategies Group and the Center for Rural Entrepreneurship. This article also offers some initial insights into what it will take to build a movement of place-rooted foundations embracing social entrepreneurship to advance an economy that works well for all.
- Subjects
CHARITABLE giving -- Social aspects; ECONOMIC development; SOCIAL entrepreneurship
- Publication
Foundation Review, 2016, Vol 8, Issue 3, p92
- ISSN
1944-5660
- Publication type
Article
- DOI
10.9707/1944-5660.1316