Are Charities Really Public Money?
John Tyler, secretary and general counsel of the Kauffman Foundation, and Evelyn Brody of the Chicago-Kent College of Law, have collaborated on a monograph titled “How Public Is Private Philanthropy?” Contrary to the popular assumption that governments should exercise tighter control over philanthropy because philanthropic assets are “public money,” the authors argue that legal precedents treat charities as private entities with private assets.
