Philanthopication thru Privatization publications
The following is a comprehensive, alphabetized list of publications generated by the Philanthropication thru Privatization Project (PtP). The project’s primary publication is Philanthropication thru Privatization: Building Permanent Endowments for the Common Good. For more information about PtP, including an updated list of PtP foundations, working papers, and more, please be sure to visit the Project’s stand-alone website, p-t-p.org.
Please browse the publications below, or visit the Center’s publications database to browse by category or search by country, region, or keyword. Click here for blog posts related to the PtP Project.
- A Win-Win Route out of the Greek Debt Crisis (TWFR, May/June 2015)
The World Financial Review, May/June 2015 | Lester M. Salamon. Published in the May/June issue of The World Financial Review, this article by Center Director Dr. Lester Salamon considers a "third route" out of the Greek debt crisis that may provide a win-win solution for both Greece and her creditors.
- Conference Report: The 2016 Hannover PtP Conference (4.2017)
Lester M. Salamon.
This report by PtP Project Director Lester Salamon highlights new insights unveiled at a recent PtP Conference into how the PtP concept can be applied to a wide assortment of assets, including state-owned enterprises or facilities, debt swaps, proceeds from state-controlled gambling or mineral extraction enterprises, bribes, and the transformation of nonprofits or mutual societies into for-profit businesses.
- Executive Summary: Philanthropication thru Privatization: Building Permanent Endowments for the Common Good (2014)
This is the Executive Summary to Philanthropication thru Privatization: Building Permanent Endowments for the Common Good, by Lester Salamon.
The full report has also been published by il Mulino Press in both English and Italian. Please visit mulino.it or Amazon to purchase in hard copy or e-reader editions.
- Filantropização via Privatização: Garantindo Receitas Permanentes para o Bem Comum (Portuguese, 2016)
This is the Portuguese translation of the final version of the major project report resulting from the Philanthropication thru Privatization (PtP) Initiative, undertaken by Lester Salamon in cooperation with the East-West Management Institute (EWMI) and a team of Project Associates. PtP is designed to explore and promote the potentials for building or strengthening permanent charitable endowments in countries throughout the world by capturing portions of the billions of dollars in privatization transactions taking place and dedicating them permanently to social, cultural, and environmental purposes and to strengthening civil society institutions.
This translation was undertaken and published by Brazil's IDIS – Instituto para o Desenvolvimento do Investimento Social.
Also available in English and Italian.
- How to Apply PtP to State-Owned Enterprises (PtP How-To Booklet no. 2, 2.2018)
PtP How-To Booklet No. 2 | William L. Megginson and Lester M. Salamon.
This booklet, like the others in the series of such documents produced by the PtP Project, is designed to acquaint citizens with how the PtP approach to foundation development can be applied to one particular asset class—in this case the privatization of state-owned enterprises. To do so, the booklet first explains what privatization of state-owned assets is, why it has been pursued by governments, what the scale of such transactions has been and will likely be in the future, and what downsides accompany privatizations. It then looks at how PtP can overcome these issues and yield win-win outcomes for governments, investors, affected communities, and citizens more generally.
- How to Apply PtP to Stolen or Stranded Assets (PtP How-To Booklet no. 1, 12.2017)
PtP How-To Booklet no. 1 | Aaron Bornstein and Lester M. Salamon.
This booklet, like the others in this series, is designed to acquaint citizens with how the PtP concept can be effectively and usefully applied to one particularly huge asset class—stolen or stranded assets or assets resulting from cases of corporate negligence or misdeeds. To do so, the booklet first explains how such assets come into existence, what their known scale is at present and what it is likely to be in the foreseeable future, why their restitution becomes a matter for government decision, and what difficulties have arisen in the restitution process. It then looks at how PtP can overcome the obstacles and dilemmas that restitution of such assets often encounters and the win-win outcomes that can result for governments, businesses, and the citizens from whom such assets are often taken or who are often the victims of the crimes for which the penalties are imposed.
- How to Close America's Digital Equity Gaps: Toward a Digital Futures Foundation (4.2021)
Michael A. Calabrese and Lester M. Salamon.
Produced in collaboration with the Open Technology Institute at New America, this concept note details a proposal to invest a portion of the windfall proceeds from recent and anticipated auctions of public airwaves in a new private Digital Futures Foundation to develop improved digital applications that address digital equity gaps in education, telehealth, online government services, and other critical areas.
- Philanthropication thru Privatization Concept note
This Concept note describes the Philanthropication thru Privatizations Initiative (PtP), a joint effort between Center Director Lester Salamon, the East-West Management Institute (EWMI), and an international team of associates to identify and highlight the numerous past examples of the ongoing "Philathropication thru Privatization" phenomenon and to use the resulting evidence to promote a strategy for convincing parties to privatization sales to devote at least a portion of the proceeds to the creation of charitable foundations.
- Philanthropication thru Privatization, Alliance Magazine 12.2013
Alliance Magazine, December 2013 | Lester M. Salamon.
This article describes the Philanthropication through Privatization (PtP) project. This article was originally published in the December 2013 issue of Alliance magazine. The original article can be found here. Click here for more information about subscribing to Alliance.
- Philanthropication thru Privatization: Building Permanent Endowments for the Common Good (2014)
This is the final version of the major project report resulting from the Philanthropication thru Privatization (PtP) Initiative, undertaken by Lester Salamon in cooperation with the East-West Management Institute (EWMI) and a team of Project Associates. PtP is designed to explore and promote the potentials for building or strengthening permanent charitable endowments in countries throughout the world by capturing portions of the billions of dollars in privatization transactions taking place and dedicating them permanently to social, cultural, and environmental purposes and to strengthening civil society institutions.
This report has also been published by il Mulino Press in both English and Italian. Please visit mulino.it or Amazon to purchase in hard copy or e-reader editions.
- Spain's "la Caixa" Banking Foundation: A Global PtP Model (2020)
Lester M. Salamon and Juan-Cruz Alli Turrias. This in-depth case study focuses on one of the newest and largest foundations to emerge from the implementation of the PtP Concept—a recently discovered, but powerful, “third route” to the creation of significant, charitable endowments around the world through the capture of all or a portion of the proceeds of transactions involving the privatization of government-owned or -controlled assets. Spain's "la Caixa" Banking Foundation emerged from the transformation of the largest and most successful of Spain’s network of trustee savings banks into for-profit banks. The result is one of the largest charitable foundations in the world, with an estimated Gross Asset Value of €25.8 billion (roughly US$29 billion) at its founding, and annual philanthropic expenditures approaching €500 million. The case study explains how and why this transformation occurred, how the “PtP route” involving the creation of a free-standing charitable endowment came to be adopted, what governance structures and transparency provisions were put in place to ensure the independence and accountability of the resulting institution, and what programmatic achievements this PtP institution has produced.
- The BOTA Foundation: A Model for the Safe Return of Stolen Assets? (2016)
This report represents the first in a series of case studies undertaken by the Philanthropication thru Privatization (PtP) Project and reports on perhaps the major example to date of the application of the PtP concept to stolen or stranded assets: the case of the BOTA Foundation in Kazakhstan, which arose from the seizure of the assets that an American citizen secured from a number of U.S. oil companies in the 1990’s and delivered to officials in the Government of Kazakhstan in order to secure prospecting and oil drilling rights for the companies in the Caspian Sea.
To prepare this case study, the PtP Project enlisted Mr. Aaron Bornstein, who served as a program director, and later as the executive director, of the BOTA Foundation on behalf of IREX, a U.S.-based nonprofit organization selected by the World Bank in response to a competitive tender to operate this foundation. To ensure the objectivity of this account, the draft was been submitted for review by personnel from the World Bank and IREX that were involved in the BOTA case. Edited and with a foreword by PtP Project Director Lester M. Salamon.
- Where Should All the Stolen Money Go? (TWFR, March/April 2020)
The World Financial Review, March/April 2020 | Lester M. Salamon. Published in the March/April issue of The World Financial Review, this article by Center Director Dr. Lester Salamon notes that past experience with the return of stolen assets to governments has too often led to disappointing results and urges consideration instead of applying the PtP concept, which calls for the placement of such assets into carefully structured, private charitable foundations as exemplified in the BOTA Foundation in Kazakhstan and many other foundations around the world.
- [Presentation] Philanthropication thru Privatization (WINGS, 3.2014)
Lester M. Salamon.
Presented on 28 March 2014 to the WINGS Forum Conference in Istanbul, Turkey, this presentation provides a concise overview of the Philanthropication thru Privatization (PtP) Project, including definitions, basic report findings, prospects, and more.
- [Presentation] Philanthropication thru Privatization: Building Permanent Assets for Social Progress (Beijing, 1.2017)
Lester M. Salamon.
Presented on January 12, 2017 at the China Global Philanthropy Institute this presentation provides an overview of the Philanthropication thru Privatization (PtP) Project, including definitions, basic report findings, prospects, and next steps to bring this phenomenon to China—the world's leading privatizer. Video of the full presentation can be viewed here: Part 1 | Part 2.