20 Oct 2014
Karolina Mzyk, Policy Specialist , Foundations
Philanthropy has so much to offer. Photo: UNDP in Pakistan.
Philanthropy is evolving rapidly as a sector, taking new shapes and forms. Although philanthropic contributions are poorly measured because difficult to estimate, total philanthropy from Northern countries (DAC donors) was reported to be $59 billion in 2011.
Traditional philanthropic giving, such as grant-making, have been complemented by innovative approaches such as impact investing and advocacy, and more voices are calling for strategic philanthropy to engage in the conversation on the Post-2015 development agenda, another new development within the sector that traditionally has been aside of global processes.
When we first reached out to foundations asking their views on the future development goals, our conversation was mostly about explaining the MDGs. The language and the measuring mechanisms of the MDG framework have not been well known or used by foundations, despite enormous philanthropic resources committed to issues such as education and health.
The Global Philanthropy Forum (GPF), dedicated to global development, did not mention MDGs during its annual gathering.
But this conversation has shifted dramatically. Committed foundations and associations have stepped up efforts in mobilizing and educating peers about the importance of the conversation about the future global development goals and implications for philanthropic strategies.
“Collaborative philanthropy” became the buzzword at the …