Maecenata Stiftung

From Waqf to Foundation : The Case for a Global and Integrated History of Philanthropy / Thomas Adam

By: Material type: ArticleArticle2020Online resources: Enthalten in Journal of Muslim philanthropy & civil society IV(2020), 1, Seite 55-73Summary: This article provides a historical exploration of the genealogy of the institution of the foundation in Western societies over the last millennium. The first foundations emerged in the twelfth and thirteenth century - the time of the Crusades - from interreligious and intercultural contacts and transfers between Islam and Christianity. The Western institution of the foundation was inspired by the institution of the wakf that developed in Islamic society. In the following centuries, the foundation developed into its modern incarnation through the impact of the Protestant Reformation, the subsequent secularization, and the accumulation of large surplus capital in the hands of entrepreneurs and businessmen during the industrial revolution.
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This article provides a historical exploration of the genealogy of the institution of the foundation in Western societies over the last millennium. The first foundations emerged in the twelfth and thirteenth century - the time of the Crusades - from interreligious and intercultural contacts and transfers between Islam and Christianity. The Western institution of the foundation was inspired by the institution of the wakf that developed in Islamic society. In the following centuries, the foundation developed into its modern incarnation through the impact of the Protestant Reformation, the subsequent secularization, and the accumulation of large surplus capital in the hands of entrepreneurs and businessmen during the industrial revolution.

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