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Good sibling, bad sibling: philanthropy and inequality
Increased concentration of wealth and increasing inequality are the conditions likely to give rise to philanthropy. This was true with Carnegie and Rockefeller in the US and it seems to be true in the BRICS …
Philanthropy changing but not fast enough
The financial crisis in 2008, the sovereign debt crisis and the political crisis in the following years have proved wrong the idea that an economic system based on unbridled consumerism can make even the poorest …
Interview – Bradford Smith
‘You’re not going to see a radical transformation of philanthropy because it’s not the kind of field that radically transforms.’ Following the financial crisis, foundations are beginning to change the way they use their resources …
Taking a chance on longevity: a third option for endowed foundations
It wasn’t so long ago that trustees of endowed foundations could spend 5 per cent of the value of their portfolio each year on their mission, confident that the residue would maintain its value in …
Philanthropy in India today
India is now the world’s third largest economy. Despite the global financial crash in 2008, philanthropy in India has grown exponentially and improved in quality over recent years. This, believes Arpan Seth of Bain & …
The view from Brazil
The many similarities between Brazilian and Indian philanthropy underline that wherever there is accelerated economic growth, there is also a wealth of new philanthropic initiatives. But one cannot view them through the lens of other, …
Interview – Tony O Elumelu
‘For Africa the issue of commercial vs impact investing is not important. What is important is investing in sustainable solutions.’ In 2010, leading African businessman Tony Elumelu set up the foundation that bears his name. …
Interview – Stephen Dawson
‘The term impact investing is so broad, I think there’s a danger of disappointment when people actually find out what it’s about.’ In 2008, Stephen Dawson, having made the journey from venture capitalist to venture …
Let a hundred flowers blossom
Internationally, there is a huge range of philanthropic practices. Africa has a deep, generations-old tradition of philanthropy, albeit under-acknowledged. Indeed, we should be speaking about traditions of philanthropies, to allow for the range of intentions, …
Then and now
When the financial crisis broke in 2008, Alliance asked a number of people around the world how its effects were playing out in their region and what they expected the consequences to be. We caught …