Monday, April 16, 2012

Tony Blair: In Favour of Philanthropy

Tony Blair: In Favour of Philanthropy: Part of the difference lay in appreciating the extraordinary and dynamic role of the Philanthropic sector. Today's 11th Global Philanthropy Forum registers an opportunity to see how far this sector has developed and how much more it could develop further.

Some philanthropic institutions are global names today such as the Gates Foundation and Clinton Global Initiative. This in itself is new, and proof of their impact. Others are less well known but no less effective. Their reach is now felt in obvious spheres like health, education and poverty relief. But increasingly, this 'third sector' is supporting initiatives in business development, women's empowerment, human rights and the improvement of government itself. There are traditional parts of the sector such as the Faith community, which, for example, provides almost half of all health care in Africa. But there are also sprouting up scores of small start-up philanthropic institutions that will operate at a niche level, but make an extraordinary difference with very ordinary amounts of resource.

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