Instrumental Philanthropy, Nonprofit Theory, and Information Costs

Autor: Mitchell George E., Calabrese Thad D.
Jazyk: angličtina
Rok vydání: 2020
Předmět:
Zdroj: Nonprofit Policy Forum, Vol 11, Iss 2 (2020)
Druh dokumentu: article
ISSN: 2154-3348
2019-0050
DOI: 10.1515/npf-2019-0050
Popis: Instrumental philanthropy has gained attention and popularity in recent decades as an approach to maximizing the impact of giving. This article evaluates the suitability of the nonprofit institutional form, specifically the US public charity, as a vehicle for instrumental philanthropy. The analysis identifies an incongruity between the informational requirements of instrumental philanthropy and the form and theory of the nonprofit. An alternative theory of licensure is proposed to illustrate the difficulty of the information problem. Analysis suggests that the viability of instrumental philanthropy hinges upon information costs. Several public policy options are considered as means of better supporting instrumental philanthropy, presuming that allocative efficiency in the production of public benefits is a desirable public policy objective.
Databáze: Directory of Open Access Journals