Our member, Fondation Lombard Odier, has recently become a founding partner of The Geneva Centre for Philanthropy. In collaboration with the University of Geneva, the Geneva Centre for Philanthropy was established, in partnership with a number of Geneva’s major foundations, in the aim to cater for the global needs of the sector and help to build its international reputation.
The Edmond de Rothschild Foundations, Fondation Lombard Odier and a private Geneva-based foundation will work closely with the University of Geneva to encourage academic training and research in the field of philanthropy, disseminating knowledge in the broader community and educating practitioners. The centre, which will operate as an autonomous body, will address many themes such as management, law, finance, economics and ethics.
With a combined approach from scientific and academic backgrounds, the centre will be in a special position to address the many emerging themes and questions touching upon many areas in the philanthropy sector. This partnership will allow for an effective, strategic philanthropy.
As the sector evolves, there are an increasing number of diverse stakeholders, meaning traditional practices are no longer so relevant. Philanthropy has now become a strategic tool for a wide range of players, therefore, there needs to be a more diverse, inclusive strategy to approach it. There is a growing philanthropy sector, not only in Europe, but in emerging countries like China, India and Brazil and this highlights the need for a more academic approach to philanthropy with a more theoretical insight. This will have a bigger impact in facing development issues such as water, migration and global warming.
The new Geneva Centre for Philanthropy has recognised this, and through their partnerships and combined backgrounds, will approach philanthropy and the evolving global trends in a more strategic, academic way to create key partnerships in searching for effective, long-term solutions. Within its unique context the aim is to shape the practice of philanthropy, and its social impact, to develop a practice of modern philanthropy applicable for today.
You can find more information here.