The

DODD REPORT

to the

Reece Committee on Foundations

a

 

t

THE REPORT

of

NORMAN DODD, DIRECTOR OF RESEARCH

covering his direction of the Staffof

THE SPECIAL COMMITTEE

of

THE HOUSE OF REPRESENTATIVES

to

INVESTIGATE TAX EXEMPT FOUNDATIONS

forthe six months' periodNovember 1, 1953-April 30, 1954Prepared in accordance with the suggestion which the Director of Researchmade to the Committee at its meeting in Washington, D. C. on Thursday,the 29th of April, 1954 for submission to

:

RON

. B

. CARROLL REECE (TENN

.), CHAIRMAN

HON

. JESSE P

. WOLCOTT (MICH

.)

HON

. ANGIER L. GOODWIN (MASS

.)

HON

. WAYNE L HAYS (OHIO)

HON

.

GRACIE PFOST (IDAHO)

This is the original Dodd Report, in full

.

It ends with the following word,&

:

"I assume it is the purpose of this inquiryto gather and weigh the facts

."

tCOPYRJG1lT 1914

THE LONG Hot `E

. INC

.

ICEw TORK, N

)'

.

Library of Cougrese Catalog Card Ncmber: 5411180

•

•

a

Printedand bound in the United statesof

America

i

 

6

FOREWORD

As the report which follows may appear to have stressed oneaspect ofFoundation-givingto the exclusion of others, I take thisopportunity to call attention to the fact that innumerable publicbenefits are traceable to the philanthropy in which Foundations havebeen engaged. Both in volume and kind these benefits must appearto any student of this subject to have been without parallel. And inthe vast majority of instances they must be regarded as beyondquestion either from the standpoint of their conformity to the in-tentions of their donors or from the standpoint of the truly Amer-ican quality of their consequences

.

I also wish to acknowledge the cooperation which, without ex-ception, has been extended by Foundations to the staff whenever itwas found necessary to solicit information from them either di-rectly or in writing

.

Finally, I take this opportunity to state that in the degree thefollowing report appears to be critical, I sincerely hope it will bedeemed by the Committee, Foundations, and the public alike to beepnstructively so. It was in this spirit that the work of which thisreport is a description was undertaken and completed

.

Norman Dodd

~

Research

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