How can philanthropy change the world?

October 4, 2018
Communications Colunga Foundation

Credicorp Capital Foundation held the seminar "The Future of Philanthropy", which featured a presentation by Matthew Bishop, current Executive Director of the Rockefeller Foundation, in addition to an interesting panel that joined Fundación Colunga, America Solidaria, Mustakis Foundation Y Show Chile.

Seminario "El Futuro de la Filantropía"

See photo gallery here

How can philanthropy change the world? It was the question for the central theme of the exhibition of Matthew Bishop, recognized editor of The Economist and co-author of the book "Philanthrocapitalism: How Giving Can Save the World", who reviewed the history of philanthropy and highlighted current trends, some examples of initiatives and the challenges that this sector has.

In this sense, Bishop appealed that philanthropy - unlike the State - can take risks, innovate and experiment, because it has the resources to afford that. Has the ability to follow long-term projects, create alliances with various actors to improve the impact of projects; it can be a catalyst for civil society, business and the State. Philanthropy can create positive agendas.

Bishop, believes that, if that "love for humanity" is accompanied by the rational, great ideas can arise. The duty of philanthropy, according to the writer, is to be a coordinating entity for these collaborations, but also to focus on the results of their investments, to feed the efficiency of the NGO sector. For the expert, philanthropy should be increasingly integral, innovative and responsible for its social role. "Philanthropists have the possibility to take charge of social problems, of inequalities ... They can help to be part of the solution to these challenges," said Bishop.

Examples in the world, there are several and inspiring. In Chile, too.

Collaboration in the third sector

The seminar featured a panel composed of Esperanza Cueto, President of the Colunga Foundation; Sebastián Zulueta, Executive Director of América Solidaria Internacional; George Anastassiou, Chairman of the Board of Directors of Fundación Mustakis and Tomás Recart, Executive Director of Enseña Chile, who talked about their collaboration experiences.

"There has been a transition to a new relationship between donors and grantees, from assistance to collaboration, to becoming partners. We are looking at the longer term projects. Today donors also sit at the table and are part of the search for solutions, and in that context I think there are new forms of investment. With América Solidaria, in these years, we have been learning, advanced in common purposes. Today we are no longer the project's financier, but we have other collaboration links", Esperanza Cueto said.

Sebastián Zulueta, meanwhile, focused on the importance of innovation converging with the direct beneficiaries of the initiatives. "Philanthropy and solidarity are useless, except that we innovate in being able to give participation to the communities with which we are working. When we generate innovations that go from the top down, and that do not consider at all times the participation of the communities, we erase with the elbow what we write with the hand. I believe that when we invest in that, we will achieve much greater impacts. "

Out of the four Chilean experiences exposed, concepts such as trust, mutual learning, appetite for innovation, common purposes, challenges to move forward, contributions to social causes ... As Matthew Bishop concluded: "More philanthropy and better".

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