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Magical Tome

Cover of Money for change
First published
1997
Publisher
Temple University Press
Pages
227 pages
ISBN
9781566393645

Money for change

The outer archives are busy

by Susan A. Ostrander

About this book

Charitable foundations are being called upon to operate in more open and democratic ways and to involve a more diverse constituency. This unprecedented study details the inner workings of a democratically organized philanthropy, where funding decisions are made by community activists. Susan A. Ostrander spent two years doing intensive field research at Haymarket People's Fund - a small foundation in Boston. Based on a philosophy of raising and giving away money called "Change, Not Charity," the Fund makes grants to local grassroots social change organizations. The world of social movement funding comes alive with Ostrander's descriptions of grant-making and policy meetings, donor events, and the day-to-day work of the Fund staff. . Within this fascinating behind-the-scenes account, Ostrander argues that the "social relations of philanthropy" are more important and more varied than previously understood. Written at a time when Haymarket was dealing with crisis, this book tells a story of organizational change as the Fund moved from an informal collective to a more formal structure; it is also the story of a struggle to build a multirace, multiclass, gender-equal organization. Ostrander details these ongoing struggles and addresses the larger issue of how fundraising can itself be a kind of social movement organizing among the progressive people with wealth who continue to be Haymarket's main donors.

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