Edited by Marilyn L. Taylor, Robert J. Strom and David O. Renz
Chapter 7: High-tech donors and their impact philanthropy: the conventional, novel and strategic traits of agent-animated wealth and philanthropy
This chapter contains an original section in addition to drawing on the Boston College Center on Wealth and Philanthropy 2001 report, ‘Agent-animated wealth and philanthropy’ by Paul G. Schervish, Mary A. O’Herlihy and John J. Havens, conducted between January and March 2001 on behalf of the Association of Fundraising Professionals (Schervish et al., 2001), and hereafter also referred to as the High-Tech Donors Study. My goals are to depict the meaning and practice of hightech donors as they approach the world of wealth and philanthropy; to provide nonprofit organizations, community foundations, fundraisers and today’s impact-oriented philanthropists with knowledge to improve their endeavors; and to offer the general public accurate information that will counter some misunderstandings and encourage fresh thinking about the attitudes and activities of high-tech donors. The leading questions of the research revolve around discerning: (1) the relationship between how high-tech wealth holders accumulate their money in business and how they allocate it to philanthropy; (2) the range of personal, business and philanthropic issues that surround high-tech wealth and philanthropy; (3) the implications of the findings for understanding and improving the trajectory of the philanthropy carried out by high-tech donors; and (4) the application of this new information to further our understanding of the emerging problems and prospects of philanthropy in general.
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