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Full-Text Articles in Business Law, Public Responsibility, and Ethics
A Framework For Good Ownership And Good Governance (1999), Marcy Murninghan
A Framework For Good Ownership And Good Governance (1999), Marcy Murninghan
New England Journal of Public Policy
This article encapsulates a more extensive analysis that was commissioned by The Boston Foundation’s board of trustees in December 1998 to investigate its investment practices and identify ways in which its asset management decisions might be brought into fuller alignment with its charitable purpose—without conceding earnings or undermining its philanthropic fiduciary responsibility. The undertaking was spurred by the leadership of Robert A. Glassman, co-founder and co-chair of Wainwright Bank and a trustee of The Boston Foundation (TBF) since 1985, who took the reins from David Rockefeller Jr. in 1995 as chair of TBF’s investment committee. The research project built on …
Women And Philanthropy: New Voices, New Visions, Marcy Murninghan
Women And Philanthropy: New Voices, New Visions, Marcy Murninghan
New England Journal of Public Policy
This article examines the growing presence and influence of women in American contemporary philanthropy. Based in part upon structured interviews conducted with leaders in the women's funding movement, it identifies how the voices and visions of women — within older, more traditional foundations as well as newer "women's funds" — are having an impact on the way the needs of human community are met. It also sheds light on how these voices and visions serve to reconceive the connections among morality, money, and power, thereby contributing to an understanding of economic morality.