Carol Adelman

Carol Adelman of the Center for Global Prosperity at the Hudson Institute talks about a new report that measures philanthropy from the private sector.

Hudson Institute’s Center for Global Prosperity (CGP) has just launched its sixth annual “Index of Global Philanthropy and Remittances”, a summary of the magnitude and sources of private giving to the developing world. CGP measures philanthropy from foundations, corporations, private and voluntary organizations, universities and colleges, volunteers, and religious organizations and is the sole source of these financial flows from U.S. and other donor countries to developing countries.

Since its launch in 2003, CGP has helped to reframe the discussion on foreign aid by showing that the full scale of countries’ generosity is measured not just by government aid, but by private philanthropy, volunteerism, as well as successful public-private partnerships. We highlight the central role of the private sector, both for-profit and not-for-profit, in creating economic growth and prosperity through seminars, publications, conferences, the media, case studies in the Index, and blogging on hot topics in development aid, philanthropy and remittances.

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