• Description

Most Latin American countries continue with high GDP growth rates amid the global financial crisis. While the nonprofit sector in these countries is among the smallest in the world, these nations are on the cusp of significant philanthropic transformation. This is due, in part, to a rising middle class, technology connecting more citizens and improving distribution of resources, and increasing corporate social responsibility. Excluding perhaps Cuba, the region has the greatest disparity of income in the world, and while U.S. foundations and government agencies have historically sustained the region's development, local foundations and public charities should continue to do more to assume responsibility for local philanthropic needs. This paper gives an overview of grantmaking by U.S. and foreign foundations in Latin America and the Caribbean (LAC) by recipient country and by thematic category. It delineates between Council on Foundation members and non-members who have a significant presence in the region. This paper also provides data, where available, of registered public charities and foundations in Mexico, Brasil, Colombia, Peru, Argentina, and Chile. Data can be used to improve collaboration among Council members, recruit non-members who are active in the region, and to identify trends in particular countries.