Author: Kirchberg, Volker

Publication Year:

Media Type: Periodical (article)

Summary:

The article offers a historical viewpoint of corporate philanthropy via a case study of corporate tycoon Pierre Samuel du Pont. Volker purports that the institutionalization of corporate philanthropy had its beginnings in the early years following World War I. Friends, families and pressures from the local philanthropic elite heavily influenced decisions on arts funding by tycoons. The case study also reveals that geography, ideology, cultural values and, finally, economic factors influenced decisions on arts giving.

Abstract:

The article offers a historical viewpoint of corporate philanthropy via a case study of corporate tycoon Pierre Samuel du Pont. Volker purports that the institutionalization of corporate philanthropy had its beginnings in the early years following World War I. Friends, families and pressures from the local philanthropic elite heavily influenced decisions on arts funding by tycoons. The case study also reveals that geography, ideology, cultural values and, finally, economic factors influenced decisions on arts giving.

Arts & Intersections:

Categories: Private Sector, Funding