A challenge to embolden Brazilian philanthropy in 2023

 

Simon Hungin

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The Institute for Development of Social Investment (IDIS) has recently released the second edition of its publication Perspectives for Brazilian Philanthropy which identifies inspiring actions and highlights ways for a more strategic and transformative private social investment within the context of Brazilian philanthropy.

The publication notes several events from the previous year, which was marked by polarising elections, the aftermath of which called for the need for organisations to publicly demonstrate their commitment to democracy. Additionally, Brazil’s return to the UN Hunger Map, record levels of deforestation and the serious situation of indigenous people in the Brazilian Amazon are all indications of a concerning downward trend for the nation.

However, IDIS CEO Paula Fabiani stated within the publication that the content ‘presents examples of innovations, new methodologies and financing models unexpected partnerships, significant changes, and new ways of doing differently (and better) what was already working’.

Eight trends have been identified within the publication as examples of how philanthropy can develop in Brazil in the future:

  • The power (and necessity) of dialogue for building bridges
  • Beyond responsibility: legacy
  • Diversification of financing models
  • The number is not the finishing line: next steps after social impact assessment
  • Environmental and social agendas walking side by side
  • Third sector engaged in promoting public policies
  • Strengthening civil society organisations: trust, governance and transparency
  • Family philanthropy shows its face

Within these eight perspectives, which demonstrate how philanthropists and social investors can act in a strategic, effective and agile way, the concept of boldness emerges as a common theme, and one which can provide opportunities for more transformative, inclusive and diverse philanthropy within Brazil.

IDIS is a civil society organisation which supports social investors in Brazil. Founded in 1999, it supports individuals, families, companies, foundations, and corporate and family institutes, as well as civil society organisations in actions that transform realities and contribute to the reduction of social inequalities in the country.

Simon Hungin is a freelance writer that supports Alliance magazine.


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