September 5, 2008
by Bradley Center
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Transcript Now Available! Click here (PDF format, 33 pages, 215 KB)
A complete, edited transcript is now available of the panel discussion on September 5 co-hosted by Hudson Institute's Bradley Center for Philanthropy and Civic Renewal and The Chronicle of Philanthropy, entitled:
Is Philanthropy Going to the Dogs?
Friday, September 5, 2008 - 12:00 to 2:00 p.m.
Hudson Institute - Betsy and Walter Stern Conference Center
1015 15th Street, NW - Suite 600
Washington, DC 20005
When Leona Helmsley died in August 2007, she left all but a few million dollars of her perhaps $8 billion estate to the Leona M. and Harry B. Helmsley Charitable Trust, making it easily one of America’s largest foundations. She also left a brief document indicating that the entire trust be used for the care and welfare of dogs. “The trustees recently hired a philanthropic advisory service to help them figure out a way to remain true to Mrs. Helmsley’s intentions while at the same time pursuing broader charitable goals with her foundation,” reported the New York Times (“Helmsley Left Dogs Billions in Her Will,” July 2).
“If it were only a matter of Leona Helmsley wasting her money, no one would need to care. But she is wasting ours, too,” wrote Boston College Law School professor RAY MADOFF in a July 9 New York Times op-ed (see "Background Reading," below). Rather than pay estate taxes of $3.6 billion to the government, Helmsley has stipulated that the money be held in trust for perpetuity. Madoff argues in her op-ed that “the law should not encourage people to tie up their resources – and ours – for all time.”
Indiana University professor of public affairs and philanthropic studies LESLIE LENKOWSKY suggests that Helmsley may have been trying to support animal welfare as a heretofore neglected charitable cause compared to, say, child welfare – and that Congress and the American people give her that right. “In a society that values individual rights, philanthropy gives those with such differing views opportunities to act on them constructively, regardless of what others may think,” he wrote in the Chronicle of Philanthropy's August 21 issue (see "Background Reading," below).
On Friday, September 5, Hudson Institute’s Bradley Center for Philanthropy and Civic Renewal and The Chronicle of Philanthropy hosted Professors Madoff and Lenkowsky, along with Georgetown University’s PABLO EISENBERG and Hudson Institute’s JUDGE ROBERT BORK to discuss the fundamental questions Helmsley’s bequest raises about donor intent, social justice, and the public interest. The Chronicle’s STACY PALMER moderated the discussion.
Program and Panel
Registration, lunch buffet
Welcome by Hudson Institute's WILLIAM SCHAMBRA
RAY MADOFF, Boston College
LESLIE LENKOWSKY, Indiana University
PABLO EISENBERG, Georgetown University
JUDGE ROBERT BORK, Hudson Institute
STACY PALMER (moderator), The Chronicle of Philanthropy
To request further information on this event or the Bradley Center, please contact Hudson Institute at (202) 974-2424 or e-mail Kristen at email@example.com.
Hudson Institute's Bradley Center for Philanthropy and Civic Renewal aims to explore the usually unexamined intellectual assumptions underlying the grantmaking practices of America’s foundations and provide practical advice and guidance to grantmakers who seek to support smaller, grassroots institutions in the name of civic renewal.
Click here to view the full list of Speeches & Testimony.
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