Strategic Giving: The Art and Science of Philanthropy Review

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Strategic Giving: The Art and Science of Philanthropy ReviewI really enjoyed reading this book. It is good, well written, and includes lots of thought. Clearly much time was spent writing it.
This book is not for the philanthropist who merely gives a little. And it is not a guide for major donors who want to give effectively and in an informed and strategic way. Instead, this book is for major donors to read and learn more about the donor world that exists today. It provides a comprehensive theoretical framework of that world along with analysis.
I just got done reading Tracy Gary's "Inspired Philanthropy" written in 2002 (ISBN: 0787964107) which covers the same subject material, but in a different perspective. Instead of going heavy on the theoretical framework of the donor world as Frumkin does, Gary provides a guide to creating one's "giving plan." In a way I think "Inspired Philanthropy" and "Strategic Giving" are companion books even though different authors write them. By reading Frumkin's book along with Gary's book major donors can BETTER create a giving plan.
The book has the following 10 chapters:
1. Philanthropy and the Public Sector
2. Central Problems in Philanthropy
3. Donors and Professionals
4. The Idea of Strategic Giving
5. Dimensions of Philanthropic Value
6. Logic Models: Theories of Change, Leverage and Scale
7. Institutions and Vehicles
8. Giving Styles
9. Time Frames for Giving
10. Measuring, Knowing and Acting
I found the first three chapters to be my favorite. It is where the author explains that the nonprofit sector lacks much accountability and thus donors who donate blindly may be throwing their money into black holes. Maybe enough people will read the book and try to effectuate change so there will be more accountability in the future?
Chapters 4 through 10 are the chapters that seriously supplement Gary's book by providing prose on the art and science of philanthropy. If you are a major donor, then seriously consider giving both these books a read. You won't be disappointed. 5 stars!Strategic Giving: The Art and Science of Philanthropy Overview

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