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Effective Personal and Family Grantmaking

Unit Code: HPI604




Duration

Contact Hours

Campus

Prerequisite

Corequisite

1 Semester

36 hours of contact in weekly or block mode

Hawthorn

Nil

Nil

Credit Points: 12 Credit Points


Related Course/s:

NB This unit belongs to the pre-2012 Master of Commerce (Social Investment and Philanthropy) program. Its content is deemed equivalent to, and will be delivered under unit code and title of Personal and Family Philanthropy (HPI608). Please follow the link for more information on this unit.

Aims & Objectives:

This unit introduces students to the planning and operational aspects of social investment from individuals or families. Individual givers are located within a number of philosophical frameworks to account for their philanthropic behaviour. The complex and sensitive personal and cultural dimensions of private giving are explored to enable the identification of appropriate means for incorporating these into operational arrangements. The governance and legal obligations of alternative structures are analysed.

Teaching Methods:

A combination of presentations, discussion, practical activities and where appropriate, experiential activities.

Assessment:

Reflective journal, Analytical report and participation

Generic Skills Outcomes:

On completion of this unit, students will be able to: analyse the issues that support or constrain private and family giving; identify social theories that effect family and private giving; enumerate decision-making process and models; and provide management models for family and private social investment,

Content:

  • Definitions, issues and debates concerning personal and family grantmaking and giving
  • International models of personal giving
  • Giving and its motivation
  • Family philanthropy in history
  • Family culture and dynamics
  • Consensus, cohesion, power sharing and diversity
  • Succession and intergenerational issues
  • Priority setting in management and administration
  • The role of the founder, outsiders and generations
  • Philanthropic structures-legal framework and governance
  • Investment issues for foundations and charitable trusts

Reading Materials:

A set of current and relevant reading is being developed.