American Philanthropy in Its Global Context

Book excerpt: Philanthropy has become a staple of American society and culture. Associations, endowments, foundations, and limited dividend companies have funded education, culture, healthcare, religion, and social welfare. Yet American philanthropy is not as exceptional as it appears to European observers. American philanthropy was built upon European and Mediterranean precedents and evolved through the constant influence of philanthropic practices in other parts of the world. This book explores how philanthropic practices and institutions were introduced into American society and how they were Americanised during the 19th century. It provides a comprehensive history of American philanthropy and positions it within its wider global context.