Converting Government Assets into Public-Interest Foundations

Longtime non-profit sector scholar Lester Salamon has written an article in the fall 2020 issue of the Stanford Social Innovation Review showing the power of converting government assets generated through large-scale corporate fines and privatizations into public-interest foundations. He cites, among others, the Volkswagon Foundation in Germany, and the King Baudouin Foundation in Belgium, as prime examples. He directs the Philanthropication through Privatization (PtP) Initiative, which has documented more than 650 such PtP conversions around the world.  To read the article, click here