University of Miami School of Law Course Description - Online System
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Fall 2017
LAW235  A  EMERGING FORMS OF PHILANTHROPY AND THE ROLE OF PRIVATE FOUNDATIONS IN EFFECTING SOCIAL CHANGE

Course Description
There are approximately 96,000 private foundations in the United States holding billions of dollars in assets and more forming every day. Other forms of philanthropy are also emerging as some newly minted billionaires opt to use a variety of structures to address the world’s most serious problems. There is an increasing blurring of lines between the activities of not for profits and for profit organizations and social entrepreneurs seek new and innovative ways to achieve impact. Private foundations face a myriad of challenges and opportunities as they seek to achieve maximum beneficial impact. This course will examine the role of private foundations in effecting social change, the tools they have available, the limitations on their activities, and the emerging forms of philanthropy that offer different ways to achieve social impact. It will explore the different types of charitable organizations and the increasing blurring of lines between the activities of charitable organizations and commercial activities. It will also touch upon the new hybrid vehicles that are being formed, known as benefit organizations and L3C organizations and their relationship to private foundations. The course will use real life examples and case studies to illustrate the opportunities and challenges facing private foundations, aspiring philanthropists and social entrepreneurs in a time of transformational change in the industry. Students will be expected to participate in class room discussion, simulations and exercises based on hypothetical situations taken from real life cases. There may be panel discussions with other experts if available. The exam will be a paper addressing a hypothetical situation or an exercise to address alternatives with an emphasis on why various paths were taken or not pursued. Students will be exposed to the not for profit sector in a real world context and examine some of the issues that private foundations address and the challenges they face No specific prerequisites are required except curiosity, a desire to learn and an interest in changing the world for the better. Courses in corporate law and tax exemption are helpful although not required.

Short Course Attendance Policy Due to the small number of meetings, attendance to all meetings/classes for short courses is mandatory. Students who miss more than one class session (80 minute) of a 1-credit short course are subject to administrative withdrawal and will have a W for the course on their transcripts.


Course Schedule
Offering Dates: 11-06-2017 - 11-11-2017  

Dates Day Time Room
11-06-2017 - 11-09-2017   MTWR  12:30 PM-1:50 PM F309
11-10-2017 - 11-10-2017   F  2:00 PM-5:00 PM F309
11-11-2017 - 11-11-2017   S  10:00 AM-1:00 PM F309

Course Frequency

Course Information

Credits: 1
Pass/Fail Option: No
Prerequisite: No specific prerequisites are required except curiosity, a desire to learn and an interest in changing the world for the better. Courses in corporate law and tax exemption are helpful although not required
Grading: Graded
Method of Evaluation: The exam will be either a paper addressing a hypothetical situation or an exercise to address alternatives with an emphasis on why various paths were taken or not pursued.
Graduation Requirements Fulfilled By Course:
General
Special Attributes:
Short Course
Special Restrictions:
Law Track(s):
Business & Taxation - Related
Entertainment, Music, & Sports - Related
Government & Regulation - Related
Social Justice - Specialized
Bar Subject(s): None
Concentration(s):
Social Justice & Public Interest (Area of Focus)   More information
Social Justice & Public Interest (Concentration)   More information

View Book Information  
Professor(s)

MINTZ, JOSHUA


Biography
Contact Information:
Email: jmintz@macfound.org