The “foundations” which the Committee investigated did not all carry that label, . RENE A. WORMSER CONTENTS PREFACE by drazilla carroll reece v. Rene Wormser was the counsel for a congressional committee commissioned to investigate the great tax-exempt foundations. Despite opposition from the. Foundations has 17 ratings and 0 reviews. Rene Wormser was the counsel for a congressional committee commissioned to investigate the.

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Among these are the ideas of the welfare state; the principles of economic determinism; excesses in the promotion of progressive education; the impairment of our national foundationw and even subversion. Short of hampering foundations to a point of ineffectiveness, all the legislator can do is to protect the public against certain abuses of power.

Foundations : Their Power and Influence by René A. Wormser | Earth Emperor

We may no longer fear them as instruments of capitalism. He is one of our foremost authorities on the Far East. It makes a sacri- fice to give foundations tax exemption, assuming that the public will, in turn, be properly rewarded for its generosity wormset an application of the tax-exempt funds to the public welfare. They can operate to force our culture into a uniform pattern.

Donald Young and Paul Webbink in Vol. In the course of their legitimate religious activities, churches and religious bodies often develop ancillary programs which are not religious in the strict sense of the word.

It is foundatkons likely that these experts would be selected from those favored by the journal. That several colleges and universities abandoned their sec- tarian affiliations and charter clauses relating to religion in order to secure endowments from the Carnegie Corporation. Absten- tion from voting, where there is a conflict of interest, does not adequately protect the public.

Issuance of matched grants, or promises of grants with the proviso that funds are to be supplied only if and when others support the same project or cause; 4.

The judging of the mer- its of renw proposals was delegated to these agencies and con- sultants. But such cases are rare and confined foundatins men of great courage and of contempt for economic rewards.


Foundations: Their Power and Influence

The validity of the reene theory which opposes bigness in business enterprises is, of course, subject to grave question. Jason marked it as to-read Apr 04, Its main purpose was to study labor conditions and the treatment of workers by major industrial firms.

These small awards received considerable newspaper publicity. Is he, then, likely to run counter to what may be wanted by a foun- dation considering him for a grant? Books by Rene A. Keppel, a former Dean of Columbia College and a leading exponent and manager of foundations, reviewed the relative responsibilities of private endowments and government.

The foundation, however, offered a way out. For this reason, if no other, foundations must have the approval rebe the public to carry on; the public, indeed, would be fully justified in applying legislative restrictions on foundation wormse where there seemed to be danger to the public welfare.

Cody Ray marked it as to-read Dec 14, rebe It probably abstains from lobbying and from any direct interference with the legislative process. While there is much overlapping, foundations might be di- vided into three classes: He said that, with one exception, they all felt they would not get sympathetic consideration by these foundations. Rend can be no doubt wormaer foundations founcations sent, financially, but a small part of the philanthropic world.

But they do have influential people as members of their boards, and these members have powerful friends, some of whom are more inclined to be partisanly defensive than objectively critical. Mudd trustee Frederick F. Founda- tion employees frequently switch from work in the founda- tion, or in the councils supported by the foundation, to work on sponsored projects and in professional organizations sup- ported by their funds. Their extraordinary ca- pacities for direction, and their experience, qualify them for an important voice-in-council in our society.

The report of Mr. Their independent, uncontrolled financial power often enables foundations to exert a decisive influence on public affairs. They have exposed a great num- ber of unexplored problems arising out of foundation activity. Clearly enough, foundation executives are entitled to their po- litical opinions as private individuals.


Lists with This Book.

No effort on the part of Government officials to secure financial assistance from them should be allowed. Among the foundations which have supported this distributing agent are these: A mere suggestion by one of these young men from the foundations can fokndations influence the direction of a project proposed by an institution or an academician.

This is a field in which private inquiry should be encouraged.

Steven Montgomery rated it liked it Apr 03, A foundation grant may enable a beginner to attain the precious doctorate which is the first rung. They may exer- cise the full power of management and direction if fondations wish, but Reportp. The giant foundation can exercise enormous power through the direct use of its funds. There are no simi- lar limitations applying to trustees or officers of foundations. Among the trustees and officers of The Rand Corporation were found the following who had material connections with other foundations: It is the conclusion of this Committee that foundatlons was in- tended was a business arrangement.

Its annual report disclosed some pride in the fact that it has been closely in- terlocked in an important network: June 14, Foundations: It has been stated that, unlike colleges and universities, foundations have no alumni to defend them. The normal checks and balances in our public life can be annihilated through one-sided foundation support of the forces calling for change.

Where individual grants are eventually contemplated, these foundations generally rely on other organizations and institutions to select from among applica- tions.

It is not surprising, therefore, that government agencies operating in social-science areas have exhibited the same preferences and idiosyncrasies as has the foundation complex.

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