World Financing to the ODS reached USD $ 140,853,928,210!

Every year, the SDG Philanthropy Platform updates its information and data on grants awarded by private foundations and those awarded by Official Development Assistance (ODA).  According to this platform, between 2010 and 2015, USD $ 140,853,228,210 was the amount that reached the global funding from private foundations for Sustainable Development Goals (SDGs). Among the most important donors, the report highlights: Bill & Melinda Gates Foundation, Ford Foundation, Susan Thompson Buffet Foundation, Silicon Valley Community Foundation, the W.K Kellogg Foundation, among others.

The data provided by the Platform allow a comparative analysis between the amount of resources coming from Official Development Assistance and those that come from the philanthropic sector.

First, with regard to Official Development Assistance, the report shows that the funds are mostly working for SDGs linked to poverty reduction, zero hunger, health and well-being, quality education, the existence of sustainable cities and peace and justice. To a lesser extent, these funds are working for responsible production and consumption, reducing inequalities and fighting for gender equality.

On the other hand, the Funds from the philanthropic sector are mainly directed to projects related to health and well-being, quality education and gender equality. These funds are almost non-existent if we talk about reducing inequalities, reducing poverty, strengthening partnerships and protecting terrestrial ecosystems.  According to the platform, among the most recipients of Private Foundations fund´s are the United States, India, Great Britain, Mexico, China, Israel, Nigeria, among others.

The mission of the SDG Philanthropy Platform is to provide essential data to foster partnerships between Philanthropy, the United Nations, Governments, the Private Sector and Civil Society Organizations. The information provided by the platform is based on the information collected by the Center Foundation on the 1000 largest organizations in the United States and foundations in other countries that provided their data voluntarily to the Foundation. Although it is one of the most complete platforms that measures the commitment of the philanthropy with the SDG, this commitment is not completely represented, since there are Foundations whose data remained outside. However, it is important to mention that among the objectives of the Platform are: to expand the database so that it can provide information and increasingly comprehensive updates on the development assistance provided by different philanthropic foundations worldwide.

Source: http://sdgfunders.org/sdgs/