Philanthropy and Fundraising

Catalog description

The purpose of this course is to enhance your understanding of the rich and diverse economic activity within the nonprofit sector. It will also cover the similarities, differences and interactions across the four main sectors of society: households, capitalistic firms, governments, and nonprofit charities. Upon completing the course, you should be equipped with knowledge of several main economic theories explaining the how and why of nonprofit organizations. You should also have a general understanding of the regulatory and tax environment faced by nonprofit organizations, as well as some key operational considerations for nonprofits from an economic perspective. Other topics include the role of individual giving (during life and at death), corporate giving, foundation grant-making, and the impact of taxes on each of them. We close the semester with an assessment of theories of social justice and the roles of philanthropy with respect to social justice, discrimination, diversity, inclusion, and advocacy.