Are spending policies of European foundations sustainable?

Mirko Cardinale, Richard Purcell and Marcus Bishop

Research Reports from Watson Wyatt Worldwide

Abstract: European foundations are a very heterogeneous pool of institutions whose defining characteristics often depend on local factors and the regulatory environment. In comparison with the US, foundations in Europe have played a less prominent role until now and have certainly been far less transparent. To use the words of Rien van Gendt, chair of the European Foundation Centre International Committee, the traditional approach in Europe was “the old charity with occasional financial handouts from accumulated wealth with not much transparency and accountability”. The very definition of a European foundation is still sometimes hazy, although in recent years the work of Bertelsmann (2001) and Anheier (2001) have tried to create some common ground to enable cross-country comparisons.

Pages: 38
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.watsonwyatt.com/research/whitepapers/wprender.asp?id=2007-TR-01-DE
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.watsonwyatt.com:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:www:resrep:11

Access Statistics for this paper

More papers in Research Reports from Watson Wyatt Worldwide
Bibliographic data for series maintained by Watson Wyatt ().