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Where the Money Goes: Private Wealth for Public Good

July 1, 2013

With this report, Gina Anderson offers a glimpse into the world of Australian philanthropy through the prism of 12 major philanthropic foundations. The report complements the work of the Australian Charities and Not-for-profits Commission in its efforts to promote accountability through regulation and mandatory information disclosure. When it comes to transparency, however, regulation and compulsion are no substitute for a willingness on the part of philanthropic foundations to invite public scrutiny by voluntarily sharing their data and metrics. The report marks a major commitment on the part of 12 leading private foundations toward greater transparency, data gathering, and evidence-based reporting of grants and programs, and in so doing establishes their pioneering leadership in this important initiative.

Family, HNWI, and independent philanthropy; Impact investment, corporate, blended-finance

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