Published online by Cambridge University Press: 24 February 2017
Philanthropy is typically defined as a charitable act, a gift, or an organization that dispenses such gifts. Rarely do we think negatively about gifts. However, as the literature in this area tells us, there is much mistrust of philanthropy and those behind it. Some critics have pointed toward the ulterior motives underlying the gifts of philanthropists. Is it really a gift or does it serve the philanthropist more than the recipient? Others have drawn attention to the unethical business practices of the corporations behind the philanthropies. How can “tainted” money promote good? Still others have questioned the amount of control that many philanthropists gain once their benefactors become dependent on them. Are philanthropists giving money just to extend the reach of their power? Despite these criticisms, philanthropy, in the words of Robert Bremner, “has been one of the principal methods of social advance.”
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