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Giving news
New philanthropy goes global
Added: 11 September 2008British philanthropy is in the midst of a sea change: more wealthy people are giving, and in more sophisticated ways. But this ‘new philanthropy’ is not solely a UK phenomenon.
Around the globe, individuals are increasingly embracing philanthropy to ‘give back to society’ and to test innovative approaches to tackling complex social problems.
In the September issue of the Philanthropy UK Newsletter – due out next week – we explore emerging trends in philanthropy in six countries and regions around the globe: Brazil, India, the Middle East, Russia, South Africa and Turkey.
While the driving forces of change vary across these countries, they all share an important trend – a shift from ‘charity’ to ‘philanthropy’ – commonly understood as the difference between tackling causes rather than symptoms – as donors become more strategic, and more engaged, in their giving.
The Newsletter also features tips for donors seeking to support overseas projects – including how to find help in getting started, managing risk, and building on the success of other initiatives and experienced funders. “There is a need for a combination of approaches,” says Caroline Hartnell, Editor of Alliance magazine, which also features international giving in its September issue. “If funders can combine approaches – such as ‘new philanthropy’ and strong local NGOs in developing countries – then there is opportunity for significant impact.”
- Philanthropy UK’s September 2008 Newsletter will be published next week. Click here to subscribe.
