Africa’s foremost diplomat, Kofi Annan, was one of the biggest human export from the continent.
Aside from being the seventh Secretary-General of the United Nations for nine years (1997 to 2006), the late Ghanaian was one of the founders of the Global Fund. The funding mechanism is now the world’s largest financier of AIDS, Tuberculosis, and malaria prevention, treatment, and care programmes.
Social enterprise business ventures are all the rage. Entrepreneurs and consumers (not to mention scholars, policymakers, donors, and other stakeholders) see in them a solution to vexing social problems—a promise of salvation from the organizational baggage that weighs down more traditional approaches to tackling the ills that plague society.
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The world of giving has been changing fast in recent years—so fast that it can be hard to keep up with all that’s going on. Nearly every week seems to bring news of a huge gift or funding initiative, often from deep-pocketed donors who only recently emerged on the scene.
When Ise Bosch first decided to engage in social change philanthropy from her native Germany, she entered a very uncrowded space. In Transformative Philanthropy, a book released earlier this year, Bosch writes that in Germany, “wealthy people usually don’t display their wealth and few even know what ‘philanthropy’ means.” While we often point to the sparse resources American donors direct to women’s and LGBTQ causes—the focus of Bosch’s giving—that funding can be even harder to find abroad.
Public policy amplifies the role the rich play in philanthropy
Our era of gaping inequality may be a foe to civic concord, but it is a friend to private philanthropy. Every passing month seems to bring an announcement about a new mega-donation — Michael Bloomberg’s $1.8 billion gift to Johns Hopkins University being just the most recent to make headlines.
CAPE TOWN — Giving back to the rural folk among whom you were raised is always a heartfelt deed – but when you do this in a way so fundamental that it far outstrips what even the government has been able to do, it becomes profound. Navigating the complex apartheid-born legislation that reduces township residents to mere tenants with no collateral to work with is a major feat, especially in the small rural towns over which the winds of change seem to have whistled unchecked.