Philanthropy, cultural markets, the 501(c)(3) form of organization and its alternatives

Philanthropy, cultural markets, the 501(c)(3) form of organization and its alternatives

Current Issues in International Cultural Policy

02/07/2010 12:00AM

Episode Synopsis "Philanthropy, cultural markets, the 501(c)(3) form of organization and its alternatives"

The 501(c)(3) model is critically dependent upon a capital market that is philanthropic rather than commercial in character, highly circumscribed in its operation, and in which investment decisions are not informed by the ‘rational self-interest’ of neo-classical economics.

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