This book focuses on the influence of philanthropic foundations in
global development, and on how the global south has engaged with them.
The idea of corporate philanthropy stretches back a long way, with the
late 19th industrialist Andrew Carnegie seeing it as an important
obligation of the very wealthy. In the modern day, Bill Gates has taken
up this call, suggesting that the very wealthy should donate half their
wealth to philanthropic causes, and endowing his own foundation with
something in the order of $50 billion. This book brings together case
studies of the most influential of these foundations over the last one
hundred years: the Rockefeller, Ford, and Gates' Foundations,
investigating their impact on education and research, health and
agriculture. The book concludes by asking whether global south
foundations such as Al Waleed Philanthropies, Tata Trusts, and those
from China may point to the future of global philanthropic foundations.
The sheer scale of resources that foundations can devote to their work
results in significant influence in global politics, to the point that
Foundations can drive and even set government policy. This influence is
likely to grow in the post-Covid environment, making this book an
important resource for researchers, practitioners and policy makers
working on global development.