The Responsibility of Philanthropy

Sydney Ideas - A podcast by Sydney Ideas

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The growth in foundations and philanthropic giving in Australia draws on a rich tradition in American culture. Two of America's leading voices on philanthropic giving discuss the effective philanthropy. Stephen Heintz, president of the Rockefeller Brothers Fund addresses the question of philanthropy’s responsibility to communities and to society. Philanthropy, he says, cannot rely simply on the presumption that it will always automatically be seen as inherently good, but must think about the broader consequences of its decisions and actions. Bradford K. Smith, the president of the Foundation Center of New York details the past, current and future trends and organizations involved in US foundation giving in Australia. He demonstrates the values of openness and availability of philanthropic data for advancing the social sector through more effective philanthropy.