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100 _aGiloth, Robert
_931972
245 _aPhilanthropy and Economic Development: New Roles and Strategies
260 _bSage,
_c2019.
300 _aVol. 33, Issue 3,2019;(159-169 p. )
520 _aPhilanthropic investments in economic development—including grants, technical assistance, program-related investments, policy advocacy, and civic leadership—have increased during the past decades. Philanthropic support for economic development provides flexible, timely resources for innovation, capacity building, and policy advocacy. While philanthropy is often associated with social equity approaches, philanthropic investments in economic development are quite diverse—downtown development, place-based renewal, social enterprises, and economic development networks. This study reviews existing data about philanthropy and economic development, vignettes of foundation investments, and nonprofit perspectives about new foundation roles. Overall, place-rooted foundations are most engaged in economic development, while many national foundations are formulating broader strategic frameworks related to economic inclusion. Foundations are helping achieve concrete economic development results; future research requires improvements in data and in-depth case studies of places with significant philanthropic engagement.
650 _aeconomic development,
_931973
650 _a foundations,
_931974
650 _aphilanthropy,
_931975
650 _aequitable development,
_931976
650 _a inclusion
_931977
773 0 _010589
_915392
_dSage Publisher
_tEconomic development quarterly
856 _uhttps://doi.org/10.1177/0891242419839464
942 _2ddc
_cART