Contents
Introduction
Chapter 1. The Legal and Historical Setting
Legal Nature of the Corporation
Early History of Corporation Philanthropy
Permissive Legislation in the States
Early Judicial Interpretations
The Five Percent Deduction
Section 168 (b)
Tax Aspects of Foundations
The Patman Investigation
The Tax Reform Act of 1969
Limitations of Financial Data
The Record of Growth
The Nelson Analysis
Other National Surveys
Metropolitan Area Surveys
Donations by Types of Industry
Comparison with Total Philanthropy
Areas of Support
Urban Programs
Restrictions and Preferences in Donation Policies
Administrative Arrangements
Policy Statements
Contributions Committees
Budgets and Yardsticks
Information Sources
Contributions Other than Dollars
Company-Sponsored Foundations
Administration of Foundations
The Shareholder-Ownership Theory
Berle and Means and the Corporation Conscience
Wilbert Moore and Trusteeship
The Conservative Position
Galbraith and the Power of the Technostructure
Other Recent Suggestions for Change
Legitimacy of Corporation Philanthropy
Donative Practive Serving Corporate Interest
Eells and Economic Environment Theories
New Efforts to Control Corporate Policy
Conclusion
Appendix. Statutory Authorization for Corporation Contributions
Index