Third Sector Research: Philanthropy

This chapter on philanthropy within third-sector research addresses key challenges, including the characterization of philanthropists as elites and the emerging nexus between entrepreneurship and philanthropy. It develops a conceptual framework emphasizing mutuality in philanthropic exchange. The chapter concludes by discussing future developments challenging philanthropy, such as revisiting longevity or rationing. These evolving considerations may either invigorate philanthropic forms through renewed purpose and innovation or lead to their ossification by clinging to outdated practices, highlighting the dynamic nature of the philanthropic landscape.