IslamicFinance.de

The global coronavirus crisis has exacerbated existing inequalities and laid bare the fissures in our societies. If philanthropic actors were able to ignore this state of affairs before, they no longer can. If we are to first survive, then thrive, we can no longer afford to shy away from supporting radical changes in the world. "The Role of Philanthropy in Society" study demonstrates the transformative potential of philanthropy. The study reveals a charitable impulse that is rooted historically and culturally in all of the countries in the study. Funding for progressive work does exist, but is limited. In all of these countries it has traditionally come from foreign funders. One of the major developments in emerging market countries has been the rise of corporate philanthropy. Common to all country papers emerging from the study is a mistrust of NGOs by donors who see civil society as unaccountable. Individual giving holds promise, as well as community philanthropy.