Transcript Global Philanthropy: Reinventing Assistance

Growing Philanthropy in the
Global Community
Dr. Carol Adelman, Senior Fellow & Director
Center for Global Prosperity
Hudson Institute
How the Developing World
has Changed
• Increase in Open Markets and
Open Societies
• Demographic and Social Transitions
• Growth in Private Philanthropy,
Remittances, and Local Charities
• Expanded Knowledge and Demand
through Technology
Private Flows by Type, 1991-2010
Private Investment
Total Private Financial Flows
Remittances
Philanthropy
Total U.S. Economic Engagement
with Developing Nations, 2010
Foundations
Religious Organizations
Corporations
Universities
& Colleges
Volunteerism
PVOs
Incomplete Private giving Numbers Submitted to
OECD and More Complete Numbers from CGP,
2010 (Billions $)
•
With incomplete data, many
countries underreport their
private giving numbers.
•
For the 2012 Index, CGP
collected more complete data
for 14 out of the 23 DAC donor
countries.
The New Landscape of Global Private
Assistance
• Cause Related Marketing
• ePhilanthropy and Mobile Phones
• Public-Private Partnerships
• Remittances
• New Financial Mechanisms
New Financial Mechanisms:
Beyond Philanthropy
Traditional Philanthropy
Grantor  Grantee
‘New’ Philanthropy
Grantor
Grantee
Socially Responsible Investing
&
Socially Screened Investing
Program-Related Investing
Social Stock Exchanges
Impact Investing/ MissionRelated Investing
Social Enterprises
Trends in Global Private Assistance
Donors & Recipients

Partnerships
Top Down Planning

Democratization of
Voice
All about the $$$

All about Engaged
Leadership
Corporate Social
Responsibility

Shared Value
Loyalty to Institutions

Loyalty to Fixing
Problems
New U.S. Government Initiative:
Global Philanthropy Working Group
• Creating an International Giving Day
• Folding philanthropy into Embassy portfolios and
identifying a State Department duty officer for
philanthropy
• Conducting effective public diplomacy messaging
on philanthropy
• Increasing working level relationships among
foundations, individual donors and Department
staff
• Encouraging international measurement of donor
support, including time and talent, as well as
corporate support
A New Government Foreign Aid Business
Model for a New Developing World
• Flexibility for Diverse & Changing
Problems
• Competition for Demand-Driven Ideas
• Partnership: Co-Investment and
Peer to Peer Relationships
• Transparency, Efficiency, and Results