Action 6

in
Federal, state, and local governments should strengthen relationships with the philanthropic sector to leverage their respective funds as a source of capital for sustainable community development. There are more than 400 U.S. foundations with combined total assets of $10 billion. These foundations play a critical role in supporting development for the general community well-being. The public sector should work with foundations on place-based community development initiatives to better leverage public and private funds.

Philanthropy as a source of funds for community development

On August 27th, 2007 D.James Baker says:
Government support must be augmented with private funds, and philanthropy is an excellent source. With more than 100 universities each now in campaigns to raise more than $1 billion in endowment, the time is right to go to private donors. There is much wealth in the giving generation, and there should be a major campaign for this.

Public/Private Financial Partnerships: Action 6

On September 9th, 2007 Larisa Dobriansky says:
Agree strongly with the above comment. Create public-private financial partnerships need to include philanthropic organizations , as well as academic institutions, NGOs, etc.
Syndicate content