FOUNDATIONS RENE WORMSER PDF

The “foundations” which the Committee investigated did not all carry that label, . RENE A. WORMSER CONTENTS PREFACE by drazilla carroll reece v. Rene Wormser was the counsel for a congressional committee commissioned to investigate the great tax-exempt foundations. Despite opposition from the. Foundations has 17 ratings and 0 reviews. Rene Wormser was the counsel for a congressional committee commissioned to investigate the.

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We knew that the group of prominent men rdne decisions would have to be judged extended even to intimates of the White House. Through all these activities, and always subject to the final vote of the trustees, the philanthropoids determine that this enterprise of benevolence or scholarship shall be nour- ished with Ford money, while that one shall not. He attributes to them a growing force for foundarions formism, threatening in the end to destroy all vestiges of genius, individual responsibility and initiative, and with them the con- cepts of individual independence and liberty so dear to earlier generations.

Many unquestionably commendable accomplishments should not, however, immunize a foundation from criticism for mistakes involving what may be termed a breach of trust. The giant foundation can exercise enormous power through the direct use of its foundattions.

Foundations: Their Power and Influence by Rene A. Wormser

Founda- tions per se are neither good nor bad. Some of our largest foundations, established before the introduction of Foundatuons in- come and estate taxes, were created largely to glamorize a name not previously identified as conspicuously charitable.

Such dangers have been demonstrated by public investigators and by private ob- servers in the potential and real influence of foundation power in the field of politics. What could I do? Will Riddle added it Jan 04, Some two hundred and thirty people are employed by the Ford Foundation. There is a mass of evidence to indicate the close working-together to which the SSRC report quoted above alluded.

At the same time, it retained voting control of the company and had the satisfaction of knowing that even the nonvoting stock was in friendly hands. These small awards received considerable newspaper publicity.

To a large degree they are the leaders and standard setters for the foundation movement. Such administrators will freely admit that they do not like to receive restricted or earmarked grants and would far prefer to be unfettered in their disposition of money given to their institutions. The concentration of power has measurable influence on our cultural life. At the time of the reign of Henry VIII in England, the Church held two thirds of the votes in the House of Lords; owned one third of the land, and the best of it; and possessed an income two and one half times that of the Crown.

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Despite many such acknowledgments as this, representatives of the foundations and their intermediaries have firmly denied the existence of an interlock.

Business is subject to checks and balances by pressures from labor, from competitive or substitute goods and services, from government, and from the political action of many foundstions pressure groups.

Carr is quoted not to contest his point but to bring out that the change which he supports is clearly political. He quotes an example of a meeting of twenty top scientists in a particular field for the purpose of listen- ing to the plans of a chairman of a great foundation.

It is attached to an outside institution or organi- zation, but little is left to it to do except bookkeeping foundatins related administrative functions, Universities, hospitals, institutes and rdne societies sometimes supply nothing but their name labels affixed to what is actually a pet project of foundation managers.

Foundations : Their Power and Influence by René A. Wormser | Earth Emperor

Fiundations — Foundations by Rene A. Whether foundation managers like to admit their influence or not, foundation giving most obviously has an enormous impact on education, on social thinking, and ultimately on political action.

The creation of a new foundation very often serves the purpose of contributing to a favorable public opinion for the person or corporation that endows it. But he saw the working of democratic forces in this expres- sion of freedom of assembly.

Foundation grants have become so important a source of support that college and university presidents cannot often afford to ignore the opinions and wishes of the executives who distribute foundation largess. In taking this position, Dr. If there is need for clearing houses in educational, scientific, and public pursuits, that docs not justify a domination of these in- stitutions by foundations and their staffs. This test, quantitatively, is weak.

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Foundations: Their Power and Influence

As a friendly his- torian put it: But it has probably in- doctrinated thousands of more or less intelligent citizens. But they have also exercised control and a restrictive influ- ence on scholarship in many ways. Here you have, you see, outside organizations influencing the course of the careers of personnel in universities through their control of funds which can liberate these people from teaching duties, for example, and making it possible for them to publish more than their competitors.

Innumerable errors of a serious nature have been rebe quiesced in by eminent and intelligent trustees merely because they have not had the time to study, check, and follow the de- tailed operation of the foundation wormsrr — nor have they been able to discover and weigh factors of importance which came to the attention only of the foundation’s executive employees. What seemed to justify the use of these intermediaries was the belief that they would bring about greater efficiency.

June 14, Foundations: We were not blind to the undoubted merits of the contributions of numerous tax-exempt foundations to worth-while causes.

Foundations, America Foundations; Their Power And Influence Rene A Wormser ( 1958)

Helen Andrews rated it really liked it Aug 12, Brady rated it liked it May 21, What is orthodox today may be daring tomorrow; and what was daring twenty or thirty years ago may be orthodox today. Bjc added it Jan 28, The investigation by the Reece Committee disclosed no criticism whatsoever of the Kellogg, Duke, or Pew foundations.

They are active or retired top executives of great corporations which were built partly upon their executive ability. It is not easy to investigate foundations, not even for Congress to attempt it: Efficiency might be increased by a system of “policing.

This is a field in which private inquiry should be encouraged.

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