The Dirtbag Billionaire and the Purpose Trust
Current Events and Philanthropy / New Works in the Field / Nonprofit legal history / Philanthropy in the News

The Dirtbag Billionaire and the Purpose Trust

Editors’ Note: Dana Brakman Reiser reviews David Gelles’s Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away (Simon & Schuster, 2025). In debates and conversations about corporate social responsibility and social enterprise, few players enjoy the reverence accorded to Patagonia and its founder, Yvon Chouinard. Journalist David Gelles’ new … Continue reading

The Rise of Philanthropy LLCs and the Erosion of the Bargain of 1969
New Works in the Field

The Rise of Philanthropy LLCs and the Erosion of the Bargain of 1969

Editors’ Note: Dana Brakman Reiser and Steven Dean discuss the significance of the rise of philanthropy limited liability companies, and place it within historical context, based on material from their new book, For-Profit Philanthropy: Elite Power and the Threat of Limited Liability Companies, Donor-Advised Funds, and Strategic Corporate Giving (Oxford 2023). The history of U.S. … Continue reading