Contents
Trusteeship: A Combination of Institutional Principles - Wilbert E. Moore
The Fiduciary Principle
Fiduciary Relations in the Economy
Management of Public Resources
Responsibility fo Private Philanthropy
The Principle of Lay Control
The Layman as Cultivated Amateur
Selection of Suitable Laymen
Lay Trustees and Professional Staffs
Legal Evolution of Trusteeship
Secularization of Philanthropy
Depersonalization of Trusteeship
Public Supervision of Private Trusts
Trustees and Foundation Management - Donald R. Young
Trustees and Their Responsibilities
Interest and Self-Interest
The Qualities of Trustees
Modes of Selecting Trustees
Trustee Duties and Their Enforcement
The Forms of Foundation Aid
Relations with Grantees: Restraints and Evaluation
Sources of Information and Advice
Tax Exemption
Prudence in Investment
Present Versus Future Interests
Unrelated Business and Improper Transactions
Propriety in Foundation Programs
Choice of Program
Ideology and Values
The Social Utility of Foundations
Publicizing Foundation Activities
The Measure of a Foundation
Index