Private International Aid
- In 2004 U.S. private international aid was at least $71 Billion
– more than 3 ½ times U.S. “official” foreign
aid. (News release “Centre for Global Prosperity”, Hudson
Institute April 12, 2006)
- In 2006, private capital flows to developing countries reached a
record level of US$647 billion, up 17% from 2005 (World Bank GDF Report
2007).
- The total number of US philanthropic foundations increased from
30,000 in 1993 to 76,000 in 2005 with the total grants-giving growing
from US$ 10 billion to more than US$ 30 billion in the same period
(DECPG Report)
- The world’s foundations’ work in the development field
is roughly estimated at US$ 4-4.5 billion annually, with US foundations
playing the major role. This amount, although being an important contribution
to development, can still hardly compete with ODA. (Philanthropic
Foundations-Actual versus potential role in international development
assistance)
- Of the companies that gave in 2004, 77% reported giving in more
in 2005 (CECP, Giving in Numbers 2006)
- The 2005 giving amount represents a roughly 1/5 gain from the revised
estimate of US$ 3.2 billion for 2002. (The Foundation Centre –
International grantmaking update October 2006 and from the Committee
Encouraging Corporate Philanthropy’s Giving in Numbers 2006)
- Sub-Saharan Africa (19.3%), Asia (18.1%), and global programs (17.8%)
received the largest portions of cross-border giving in 2005 (International
Grantmaking Update/Foundation Center)
- Health causes received 49.1% of international giving in 2004, with
international development following next at 11.1%.
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