The Power of Cross-border Financial Flows: Reflections on the 2023 Global Philanthropy Tracker

The Global Philanthropy Tracker, a first-of-its kind report published by the Indiana University Lilly Family School of Philanthropy, measures cross-border donations from individuals and organizations around the world. According to the 2023 Global Philanthropy Tracker, philanthropic organizations and individuals based in 47 countries contributed $70 billion internationally in 2020. Four sources—philanthropy, global remittances, official development assistance, and private capital investment—together contributed $841 billion in cross-border resource flows. By reporting on these four flows, the report demonstrates ways civil societies, governments, businesses, and individuals collaborate to address global development challenges worldwide.

What lessons can be learned from this most recent data about the role of each sector individually, and about cross-sectoral partnerships, in addressing global challenges? What are the most effective ways to leverage these financial sources to address growing needs worldwide?

Please join the CSIS Global Food and Water Security Program on Friday, November 3rd at 10:00 am to welcome representatives from the Indiana University Lilly Family School of Philanthropy, Mastercard Foundation, PepsiCo Foundation, International Research & Exchanges Board, and the U.S. Department of State Office of Global Partnerships to discuss findings of the 2023 Global Philanthropy Tracker and the role of all sectors in addressing global development challenges.

This event is held in partnership with the Indiana University Lilly Family School of Philanthropy and made possible by general support.