At the 2009 conference of the Grupo de Fundaciones y Empresas (Group of Foundations and Companies – GDFE) of Argentina held in May in Buenos Aires, participants discussed contributions by donor agencies and civil society at large in times of crisis and released the main findings of Private Social Investment in Argentina, a study conducted by GDFE.
The study was based on a survey of 134 corporate and foundation donors located in Buenos Aires, Córdoba, Mendoza, Santa Fe and Tucumán. It revealed an increasing number of organizations dedicated to social investment, greater institutionalization through stable human resources, and the creation of specific areas within companies. The study also showed that gifts in kind were the most common type of corporate donations. The outlook for funding in 2009 is positive: 67 per cent expressed a desire to maintain their budget in 2009, while 29 per cent were willing to increase it.
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