Private philanthropic foundations, and their role in development finance, have captured a lot of headlines and column inches in recent times — but non-grantmaking foundations and the opportunities they provide for partnerships can sometimes be overlooked.
In a bid to redress that, Devex dug into the data to reveal the private foundations providing the most development finance beyond grantmaking — and there’s one that comes out miles ahead.
Non-grantmaking activities mainly comprise loans and reimbursable grants, and increasingly in some cases pay-for-results mechanisms like development impact bonds.