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2 - The Charity Sector, Its Goals and Accumulation

from Part I - Charities and Accumulation Delineated

Published online by Cambridge University Press:  23 July 2021

Ian Murray
Ian Murray
Affiliation:
University of Western Australia, Perth
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Summary

Chapter 2 describes the charity sector (Australia, Canada, New Zealand, the United States and the United Kingdom) and its regulation and investigates the goals of the charity sector and of charity law. In addition, it sketches some broad contours of the extent of charity accumulation and examines the key reasons for and implications raised by accumulation. In discussing the key implications, the chapter identifies normative principles relevant to assessing the intergenerational deferral of benefits, the issue of which generation gets to decide that intergenerational deferral and the potential for enhanced agency costs.

Keywords

charity sectorcharity lawpublic benefitaccumulationintergenerational justiceintergenerational equityintergenerational deferralfreedom of dispositionfreedom of alienationagency costs
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Chapter
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Charity Law and Accumulation
Maintaining an Intergenerational Balance
 , pp. 21 - 50
Publisher: Cambridge University Press
Print publication year: 2021

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