NYU Abu Dhabi Launches MENA’s First Strategic Philanthropy Initiative To Study And Promote High-impact Philanthropy – Al-Bawaba


NYU Abu Dhabi (NYUAD) has announced the launch of the Strategic Philanthropy Initiative (SPI), the first academic and community-based platform that aims to shape a dynamic and strategic practice of philanthropy within the UAE as well as across the Gulf and wider Middle East and North Africa (MENA) region. The SPI was established through a multi-year framework agreement between NYUAD and Emirati businessman and social entrepreneur Badr Jafar, who will support this initiative throughout its formative years.
The SPI, through three tracks of research, convening, and training, will look to advance localised strategic philanthropy within and from the MENA region, at a time when historic wealth creation and transfer is expected to lead to a significant increase in philanthropic activity both within and from the region. This is expected to coincide with an era of enhanced collaboration between public, private and social sector organisations in support of optimal social and environmental outcomes. Trends towards tech-enabled micro-philanthropy and online giving are also expected to accelerate transparent and impact-driven philanthropy practices. 
Badr Jafar, SPI’s Patron, commented: “Over the next decade alone, USD 3.9 trillion is estimated to be transferred to the next generation. This, coupled with the rise of young change-makers embracing purpose as a core driver of value creation, has the potential to lead us into a golden age of philanthropy. This is particularly true in the MENA region where 60 percent of the population is under the age of 25. Equipping our youth with the tools, resources, and infrastructure needed to boost impact using their time, talent and treasure is a massive and timely opportunity, and this collaboration with NYUAD is well-positioned to champion this cause and make a real difference.”
While philanthropy is a long-standing practice in the Arab world, there are numerous factors that are said to be impeding advancement in the sector. According to the publication The State of Arab Philanthropy and the Case for Change, a deficit of data, transparency and accountability, and the lack of an enabling regulatory environment are all significant areas for improvement that will help enhance the growth and impact of the sector. The Arab Giving Survey reported that 76 percent of donors now require transparency on impact and evidence of how effective a charity is in achieving its goal. The survey also highlighted that 71 percent of respondents would increase their donations with clearer reporting by the charities on how and where funds are spent
“It’s exciting to see economists and political scientists, social thinkers and NextGen philanthropists, policy makers and NYUAD students join forces for the betterment of our communities through strategic philanthropy,” NYUAD Vice Chancellor Mariët Westermann said. “This partnership will advance the study, reach, and effectiveness of strategic philanthropy in the UAE, the wider region and the world, and drive collective action for change on the most pressing social and environmental issues.”
Leveraging NYU’s global network and establishing partnerships with existing centres for the study of philanthropy around the world, the SPI will conduct research and gather robust data, publish insight reports and peer-reviewed articles, educate students and train next-generation philanthropists, and convene events to promote collective action amongst social sector practitioners, the donor community, business leaders and policymakers. The SPI will also develop policy recommendations to magnify the impact of philanthropic capital within and from the region.
According to a recent global survey by Alliance, 89 percent of respondents believe that Africa and Asia, including the Middle East, will account for the most growth of its philanthropy sector over the next 25 years. The launch of the SPI also coincides with significant shifts taking place in the nature and practice of philanthropy, especially amongst next-generation donors who are fundamentally transforming giving, and redefining the role of philanthropy in society. As the book Generation Impact reports, young donors want to be more hands-on, and to embrace many of the fast-emerging innovations in how to deploy their wealth for maximum impact.
The SPI will also launch a student competition and a related prize in philanthropy to acknowledge and inspire innovative and impactful social sector ideas and concepts that are scalable in the MENA region and globally.
Badr Jafar added, “As the business community across the world, including the Gulf, seeks to fundamentally reassess its role as an agent for positive social and environmental impact, the potential for greater cross-sector learnings and collaboration between the business and the social sector is huge. I expect that the SPI will be able to play an important role in facilitating these conversations and spurring related partnerships.”
The launch of the SPI, which coincides with the 10 year anniversary of NYUAD, will be housed on campus and will collaborate with other organisations in the region and globally, as well as convene regular gatherings in cities across the Gulf. 
© 2000 – 2021 Al Bawaba (www.albawaba.com)
NYU’s agreement with the Emirate of Abu Dhabi to create NYU Abu Dhabi is the outcome of a shared understanding of the essential roles and challenges of higher education in the 21st century: a common belief in the value of a liberal arts education, concurrence on the benefits a research university brings to the society that sustains it, a conviction that interaction with new ideas and people who are different is valuable and necessary, and a commitment to educating students who are true citizens of the world.
Subscribe to our newsletter for exclusive updates and enhanced content
Subscribe
DMCA.com Protection Status

source

202 thoughts on “NYU Abu Dhabi Launches MENA’s First Strategic Philanthropy Initiative To Study And Promote High-impact Philanthropy – Al-Bawaba”

  1. Hi, i believe that i saw you visited my blog thus i
    got here to return the prefer?.I’m trying to in finding issues
    to improve my web site!I suppose its adequate to make use of some of your ideas!!

  2. Thank you for every other wonderful article. Where else may anyone get that kind of information in such an ideal approach of writing?
    I have a presentation next week, and I’m on the search for such info.

  3. Hello There. I found your blog using msn. This is a very
    well written article. I will be sure to bookmark it and come
    back to read more of your useful info. Thanks for the post.
    I will definitely return.

  4. I’m truly enjoying the design and layout of your site.
    It’s a very easy on the eyes which makes it much
    more enjoyable for me to come here and visit more often. Did you hire out
    a designer to create your theme? Fantastic work!

  5. Every weekend i used to pay a visit this website, because i wish for
    enjoyment, as this this web page conations in fact fastidious funny
    stuff too.

  6. Pretty great post. I just stumbled upon your blog and wished to mention that
    I’ve truly enjoyed browsing your blog posts. In any case I will be subscribing to your
    feed and I hope you write once more very soon!

  7. Hmm is anyone else encountering problems with the pictures on this blog loading?
    I’m trying to figure out if its a problem on my end or if
    it’s the blog. Any feed-back would be greatly appreciated.

  8. I was curious if you ever considered changing the structure
    of your site? Its very well written; I love what youve
    got to say. But maybe you could a little more in the way of content so people
    could connect with it better. Youve got an awful
    lot of text for only having 1 or two pictures. Maybe you could space it out better?

  9. Hey! I just wanted to ask if you ever have any issues with hackers?
    My last blog (wordpress) was hacked and I ended up
    losing months of hard work due to no backup. Do you have any solutions
    to stop hackers?

  10. Pingback: 3foundations

  11. Pretty nice post. I just stumbled upon your blog and wanted to say that
    I have really enjoyed browsing your blog posts.
    After all I will be subscribing to your feed and I hope you write
    again very soon!

  12. Thanks , I have recently been looking for info about this
    topic for a while and yours is the best I have discovered so far.
    But, what in regards to the conclusion? Are you positive concerning the supply?

Leave a Comment

Your email address will not be published.