Public and Private Dimensions of Grantmaking Foundations
KANDYCE M. FERNANDEZ and MARK A. HAGER
PAQ, Vol. 38 No. 3, (2014)
This paper considers the extent to which grantmaking foundations in the United States are more or less public or private given multiple conceptualizations of what is meant by these terms across disciplines. An overview of foundations is provided for the purpose of highlighting differences in structure, operations, and missions or objectives. A hegemonic definition and description of the private nature of grantmaking foundations is presented, and argued to be a perspective that fundamentally conditions how foundations operate and how they relate to external stakeholders. Different foundation types are contrasted in the context of four other contested conceptualizations of public and private: regulation of institutional activity; pursuit of a public interest, purpose, or good; impact on others; and distribution of benefits to whole or part of a whole. The analysis concludes that grantmaking foundations have unique institutional claims to a mix of public and private dimensions beyond the hegemonic perspective that foundations should operate and be seen as primarily private entities.
Subscribers: Login to read this article
Guests: Subscribe to PAQ, or purchase individual article access for $10.
The article is not available for automatic download. We will email the article to you as a PDF file upon receiving your payment, typically within 24 hours.