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THE TAX-EXEMPT FOUNDATIONS William H. McIlhany I A SANTOR OUEE ( PUBLISHERS port, Connecticut err © 90 Wain. tay ‘atti pom foe pe one Achrowledgments 7 PART I: The Past Record of Foundation Activism Acknowledgments [ywroresr in collativsonthadone in the academic wor arse while tstedent at Washington and Lee Unversity, 1969-1973. The induence tem sod out in bd contrast to the one teacher I tad who stl ase on fends principe, wiles! of iscollegucs were ith charts and computers. The was my fend, Profs of Admini Tenis Kerr Johnion, of the School of Commerce, Economics, a Tras alto develop farther sae analss of colectvs inflrcs ‘nce fora sete thes under the sapesson of Profesor of aos D Hughes auane with reverch materi for thi book wish 16 thank, once rl Cres, Joe Metren, and Patrick Mahoney. Also, my goed ends ‘Steve Eng. o Ladi, Dan Ms James R. Piers a Ji Toptant sources of hepa information And 1 ave beneited om conversations with Petey L. Greaves, Jy and Prof. ohn Hosp solely respnsible To the contents and eoncusios eri. ‘epreciatives who were kind enouph 10 grate nein 1. Rods sn El Bras, Care Corporation af New York. Ford Foundation; te late Dr John H. Kroes, Rockets Tack Howard, Twentieth Century Fund; nd Ralph McCoy, Tele Hoe as een most patent and understanding of the ars! thera 1 completing ths book, ad has provid the trl sistnce eed wo prevet tom bngasone = or san ein os he ak tee eo th bak, bt fx Bing ah tl ra he unans eb asing 0 2S cee 10 fh here so my erent ha PARTI: The Past Record of Foundation Activism ONE An Introduction to the Foundation World BB sexe wrt cap pity hci rath ites ote mets of tains nd the ncn nay mld sad tcl concn nd progr ie fe tie of occa his tnt pescly ened re compen on bce rang ‘Riitey o Arercan nds and dates sie th (90 once pen S eso ony cs and concen that on cany Sirs cde and rept gpebenge mice papain pede dom Tutu anon hasnt bo ny prose 0 wea ea ho canine ps ryt of very chao robin whch may a he is otntone pms Meer! been o wich the nal our verbal ge foundaesin Ames havea consent indus tpt poms fap eahitcd rob, vers Ine imei whe ths onde Aes have promote plop or ental dscns tothe eve cx Sim of ober strates Sri which nes bth he cour ats hls and tends of lon gt sl lsd soon Prien Afr peeing my edn I wl cu he mplesion of ncn ie ortadoy ond pte ad expan he ue thas ake ee. nut et our Bangs om he at DIVING INTO THE TAXEXEMPT WORLD 1986 the board of regents of the Univer ofthe State of New Yor eee Mas ected corporation calle he Foundation C= Seer ay nh ses fever 31 lo, fone pri By 8"? are eet punatons tat makeup i compaion membership OT ote re ion Foundations Through the cele itis wih ho aie New York nd ep clits aro the cous el Sa on soks pene an eearch and impute seen ne fom i neg dating rom recent decades about he mae than 26.0% iy ern ling and commun ounatons nthe Unite Site’ A Pera et aber of ts oundatos, s+ sige am pera {hough the oe [nos benuse of nome or nfaqunt poring oto Fane Grch oration avlbl hangs ite # tae ne wh oT the 2.533 fovncations dexcribed in the th ton a ele Foundoin Directory lia set ofS illo 0 0 oc ncat reat ttalingt east hatha amount? Inrange eae ihe aggregate sca eproniniaed S31. bilion andthe 4% Si lion 3 bilo, er Commision on Private Pianthropy and Private Nes eon fem, tee year dy in ae 1973, and im spite of the fit hat the enclave of the potobn of met foundalons sed dang 1974-76, te figures conus to ine beta sao gy te commision ck hati 1974 the ttl ema Amont ie jolt cguizatons in America Wa #06 ian Is r0ugh yar income of some o o 332-1 ilion of that was generate by te fowdatons Fo ee ad eve charges, wth the tle coming aloxt eal {fan wotumey philanthropy and inoltary ation Foe mh of al property inthe United States was owned by eae pins, Tee email 30000 private nonpralt oeAia: Hsin 2.59 led funds a wll everything fom charity rere eset cab. This broad cas of volunteer group involved about 25 ds cine popsaion overage hitecn nat 6tin boars yolutary ae eel which wascstusatd bythe Filer Commision a $20 ion, Sn reported tht nonpeft organizations employed boat 10 pest ofthe tacts labor froin the service el and abou 16 percent of the eon aaaer nal grove racing» oa f 46 millon, oc 5:2 pnt of teus y Sra this nonpcft wort reveal ow persive the acne i tare orgarzatons nal aspects fou atonal He 1 ost ee nary ex dase who ae no pecaizing i Plathony anne tur profiting in efi demonstration th ay aa he econmne supe nade ponube by a semimarkt &m0- desire to assist others. are “cyt ihn ra heli Sg Sa pee Paes omneieciee nat ea Sa rere yas ca duerenarent ce Stl Cn pm ae St ha inn ce pp eto ha Sram ganauch ceeeg Reet For et Meh rota al toa sen tos cg se oo Seer tam ertreyin cman eee as wor abla anne a Baciitaaieek (oar

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