Philanthrocapitalism and the Hidden Power of Big U.S. Foundations

This paper seeks to discuss the modern concept known as philanthrocapitalism. By shedding light on the
philanthropic commitment of American billionaires, it investigates how super-rich benefactors exercise power
by investing in huge foundations. A critical examination of the current rise of philanthrocapitalism is presented
first, followed by a discussion on how foundations can be used to gain and maintain power to advance personal
and business interests. The aim is to present a critical investigation of benefactors’ approaches to philanthropy.