Exciting times for philanthropy in Brazil | Latest from Alliance: It is evident that philanthropy in Brazil is playing a big part in creating positive change.
Philanthropy has cast off ‘charity’ as its organizing principle and adopted ‘social investment’. This is defined by Fernando Rossetti, CEO of GIFE, as ‘the voluntary giving of private resources in a planned, monitored, and systematic manner for social, cultural and environmental projects of public interest’. The consequence is that philanthropy is a key driver of change in the country, and able to talk both to government and to private corporations as equals.
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