This slide from the Foundation Center shows how foundation giving internationally has also increased significantly since they started keeping track. Numerous factors helped to moderate the overall decline in giving – including international giving, including the decision of funders to reduce operating expenses, continuing gifts and bequests from donors into new and existing foundations, and increased giving by the Bill and Melinda Gates Foundation. Excluding Gates, estimated foundation giving would have decreased by over 9%. How increases in international grantmaking will affect the philanthropic field: Foundation giving will likely show modest growth in the short-term, but in the longer term the overall philanthropic pie is going to get bigger, and the share of international grantmaking is likely going to increase. Relatively younger donors who are more globally focused will continue to build their foundations over coming years, bringing additional resources to the field. Many critical priorities, such as the climate crisis, improving the world’s health and nutrition, and supporting human rights and greater political stability through cross-cultural engagement and understanding – will only grow in importance.
All About Philanthropy in the United States
All About Philanthropy in the United States July 17, 2012 University of Virginia Andrew Ho Manager, Global Philanthropy Council on Foundations
Charity vs. Philanthropy Charity: A provision of goods to those in need Giving a meal to a homeless person Giving away your old clothes to the resale shop Giving to the Red Cross after a disaster Philanthropy: benevolent altruism with the intention of increasing the well-being of mankind Giving to institutions to solve root problems of society such as homelessness, poverty, social justice, public health, and education