The Diversity Imperative: The Effects of Local Economic Structure and Social Capital on Local Philanthropy

Philanthropic endeavors are a form of institutionalized collective action that enhances a community’s capacity to address community needs and interests. Despite studies investigating the complex relationships between local economies, social capital, and local philanthropy, much remains unknown conce...

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Bibliographic Details
Published in:Voluntas (Manchester, England) England), 2022-06, Vol.33 (3), p.571-586
Main Authors: Hwang, Hyunseok, Young, Tiffany Amorette
Format: Article
Language:English
Subjects:
Collective action
Community
Diversification
Donations
Economic concentration
Economic development
Economic growth
Economic resources
Economic structure
Leadership
Local economy
Nonprofit organizations
Philanthropy
Policy making
Political Science
Public good
Quantitative analysis
Research Papers
Social capital
Social Policy
Social Sciences
Social welfare
Sociology
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Summary:Philanthropic endeavors are a form of institutionalized collective action that enhances a community’s capacity to address community needs and interests. Despite studies investigating the complex relationships between local economies, social capital, and local philanthropy, much remains unknown concerning the interaction between diverse local economic structures, social capital, and local philanthropy. Therefore, we explore whether local economies and social capital affect a community’s capacity to mobilize collective resources for two distinct forms of local philanthropy: elite and social welfare-oriented . Using a quantitative analysis, we empirically examine these relationships using a dataset covering three specified years spanning 3,036 US counties. Findings suggest that the diversity of local economic structures play a moderating role in facilitating the effect of social capital on local philanthropic activities aimed at satisfying local community demands and interests. The results illustrate important policy implications concerning the diversification of economic resources for local policymakers and community leaders.
ISSN:0957-8765
1573-7888
DOI:10.1007/s11266-021-00365-3