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Growing Philanthropy in the Global Community

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

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Growing Philanthropy in the Global Community

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  1. Growing Philanthropy in the Global Community Dr. Carol Adelman, Senior Fellow & Director Center for Global Prosperity Hudson Institute

  2. 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

  3. Total Private Financial Flows Private Investment Remittances Philanthropy Private Flows by Type, 1991-2010

  4. Total U.S. Economic Engagement with Developing Nations, 2010 Foundations Religious Organizations Corporations Universities & Colleges Volunteerism PVOs

  5. 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.

  6. The New Landscape of Global Private Assistance • Cause Related Marketing • ePhilanthropy and Mobile Phones • Public-Private Partnerships • Remittances • New Financial Mechanisms

  7. 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/ Mission-Related Investing Social Enterprises

  8. Trends in Global Private Assistance Donors & Recipients  Partnerships Top Down Planning  Democratization of Voice All about the $$$  All about Engaged Leadership Corporate Social  Shared Value Responsibility Loyalty to Institutions  Loyalty to Fixing Problems

  9. 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

  10. 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

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