Maecenatism

1998 HELMUT K. ANHEIER et. al. (ed): Private Funds, Public Purpose Philanthropic Foundations in International Perspective. p. 186. pub. Kluwer Academic/Plenum Publishers →ISBN In a way, the 1980s can be interpreted as a reversal of long-standing governmental attitudes toward foundations, as the 1987 law and subsequent initiatives intended to publicly encourage a revival of "mécénat" (i.e., maecenatism or patronage), especially in the field of arts and culture. Nevertheless, these recent legislative activities still place relatively heavy financial and regulatory restrictions on donors and foundations.