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

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Presentation transcript:

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, Total Private Financial Flows Private Investment Remittances Philanthropy

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

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 Impact Investing/ Mission- Related Investing Socially Responsible Investing & Socially Screened Investing ‘New’ Philanthropy Grantor Grantee Social Enterprises Program-Related Investing Social Stock Exchanges

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

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