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Showing posts from August, 2014

Private philanthropy is beautiful!

Financial flow is defined as the sum of :
(a) private flows : the flow of private capital + private philanthropy + private remittances, and
(b) state flows : i.e. ODA (governmental/official development assistance)

In 2011, total financial flow from developed economies to developing economies was $577 BOf this, 80% ($461 B) was private flowOf this, total private philanthropy was 13% ($59 B)The total flow from the US alone was $278.5 B Of this, about 90% ($251 B) was private flowOf this, total private philanthropy was 15.5% ($39 B)

Reference:
[Index of Global Philanthropy and Remittances, 2013]