Thursday, 2 February 2012

How should private foundations support development?

By Noshua Watson

Last October, I had the privilege of giving evidence to the UK Parliament’s International Development Committee inquiry into private foundations.  I was invited to speak due to my role as project manager of the Bellagio Initiative on the Future of Philanthropy and Development in the Pursuit of Human Wellbeing, funded by the Rockefeller Foundation.

In general, I agree with the Committee that foundations should take more risks in their project choice, funding approaches and political advocacy. However, I am much more cautious than they are about the role of high-profile advocates like Bono and Bill Clinton because I feel it continues to perpetuate existing power dynamics.

You can read more about what I think on the Bellagio site and the (UK) Guardian’s analysis. And don’t forget to read some of our conclusions from the Bellagio Initiative about how foundations can support wellbeing.