RENE A. WORMSER CONTENTS PREFACE by drazilla carroll reece v .. Asked about the power of foundations to influence independent thought and action in. Rene Wormser was the counsel for a congressional committee commissioned to investigate the great tax-exempt foundations. Despite opposition from the. Foundations, their power and influence. Front Cover. René Albert Wormser. Devin-Adair Co., – Social Science – pages.
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It is not easy to investigate foundations, not even for Congress to attempt it: There is the basic concern of some regarding the operations of juridical persons in the field of charity, in this instance juridical persons created by juridical persons. The Reece Committee was shocked to find that one so important in the foundation world as Charles Dollard, then president of the powerful Carnegie Corporation, had contributed an article to the Social Science Research Council’s publication, Items, in which, referring to mistakes in poll taking and in the Gheir research, he made this statement: The control imposed on a scientist by the requirement that his research designs be approved by the members of numerous giant committees will bring his ideas down to the lowest intel- lectual common denominator.
Gaither was on weak ground, however, if he sought to prove the relative unimportance of foundations through financial comparison with other philanthropic wotmser. Among its supporters have been: This should probably be so.
These functions are the essence of the fiduciary duty of the trus- tees. The problem of foundation bigness per se may thus arise seriously to concern the general influnce unless foundation managers become alert to the in- herent dangers of bigness by ane, in the future, the innfluence niques of joint planning; of joint support of intermediary organi- zations which thus achieve commanding positions in the world of ideas; and of eliminating or destroying counterweighing competi- tion in the support of ideas.
Foundations: Their Power and Influence by Rene A. Wormser
The pious sultans of the Ot- toman Empire contributed to the problem by donating land con- sistently to religious foundations.
He is one of our foremost authorities on the Far East. But foundxtions impact of this compara- tively small sum on one subject was quite out of proportion to the relative size of the two figures. They have disclosed serious weaknesses and dangers. Its record is now well known.
What seemed to justify the use of these intermediaries was the belief that they would bring about greater efficiency. The Internal Revenue Service seems alert to the problem involved and is likely to propose successive, cor- rective legislative measures whenever new business abuses of the tax-exemption privilege appear.
Nor have I collected any material regard- ing them. This propaganda has nearly convinced the American people that the Marxian formula is good for it.
Foundations, America Foundations; Their Power And Influence Rene A Wormser ( 1958)
Carroll Reece of Tennessee. On the other hand, the searching minds of students who are uncon- cerned with political consequences could contribute much to an understanding of the impact of foundations on public affairs and the consequent hazards.
Total founda- tion wealth is generally underestimated. An unparal- leled amount of power is concentrated increasingly in the hands of an interlocking and self-perpetuating group.
They may be donors and recipients at the same time. Aiden marked it as to-read Aug 24, Foundations tehir be responsible for a balanced application of their support. In this manner, and by other uses of foundations, control of an enterprise is often retained by a family, while a huge part of a decedent’s fortune is removed from death taxes.
The politically minded manipulator often is rewarded with eminent status, whether he is a true scholar or not. Cody Ray marked it as to-read Dec 14, A certain form of “liberalism” is currently ortho- dox in intellectual circles.
But the cooperation among the managers within the foundation complex does not favor the nonconformist. I have the very definite feeling that these various foundations you mention very definitely do exercise both overt and covert influences on our foreign relations and that their influences are counter to the fundamental principles on which this nation was founded and which have made it great.
Foundations : Their Power and Influence by René A. Wormser | Earth Emperor
There are no simi- lar limitations applying to trustees or officers of foundations. We may no longer fear them as instruments of capitalism.
These distinctions come often from re- search and writing. Similarly, the nature of the reviews given to his paper may be of vital importance.