The PtP Take-Off Phase Conference: New insights into applications of the PtP concept to different asset classes

By on April 20, 2017

The PtP Project is pleased to bring you a new report from Project Director Dr. Lester Salamon highlighting new insights unveiled at a recent PtP Conference into how the PtP concept can be applied to a wide assortment of assets, including state-owned enterprises or facilities, debt swaps, proceeds from state-controlled gambling or mineral extraction enterprises, bribes, and the transformation of nonprofits or mutual societies into for-profit businesses.
 
This Conference, entitled “Philanthropication thru Privatization: The Take-Off Phase,” took place on November 3-4, 2016, at the Volkswagen Foundation’s Herrenhausen Palace Conference Center in Hanover, Germany, and assembled a diverse group of government, business, and civil society experts from countries as wide-ranging as China and Brazil, Pakistan and Poland, Italy and India, Spain and Tanzania to launch the take-off phase for the Philanthropication thru Privatization (PtP) Project—the new approach to building charitable assets from the proceeds of a variety of “privatization” transactions initially unveiled at a prior conference held in 2013.
 
Introducing this second PtP Conference, Dr. Wilhelm Krull, the Chairman of the PtP International Advisory Committee and General Secretary of the Volkswagen Foundationitself a PtP foundation—noted that this concept, which was first introduced at an earlier 2013 Volkswagen Foundation conference, was fast becoming a global brand, setting the stage for this next phase of its development. Where the earlier conference sought to introduce the PtP concept to the many PtP foundations—many of whom were unaware of their common origins or of the potentials they hold for foundation development elsewhere—the aim of the 2016 Conference was to introduce the PtP concept to key stakeholders in the many asset classes to which the concept had, to their surprise, already been applied, and to encourage its further application in the future.
 
In his report on this conference, PtP Project Director Dr. Lester Salamon summarizes the reports of an extraordinary team of experts who have looked into the application of the PtP concept to five different asset classes—from state-owned enterprises to debt swaps, stolen assets, nonprofit conversions, and streams of revenue kicked up by state-controlled businesses. The result is a rich harvest of insights that could revolutionize the philanthropic landscape of the world.
 
Click here to download the full report as a PDF.
Click here for the complete conference agenda, links to speaker presentations, and the conference participants list.
 

NEWS RELEASE | The BOTA Foundation: A Model for the Safe Return of Stolen Assets?

By on January 20, 2017

FOR IMMEDIATE RELEASE Contact: Chelsea Newhouse     We are pleased to announce the publication of The BOTA Foundation: A Model for the Safe Return of Stolen Assets?, the first in a series of reports from the Philanthropication thru Privatization

Now Available: Portuguese translation of “Philanthropication thru Privatization” from IDIS

By on September 30, 2016

We are very happy to announce the publication of a Portuguese translation of Philanthropication thru Privatization: Building Permanent Endowments for the Common Good, Filantropização via Privatização: Garantindo Receitas Permanentes para o Bem Comum.   This translation was undertaken and published

A Win-Win Route Out of the Greek Debt Crisis

By on June 9, 2015

A new article by Project Director Lester Salamon, published today in the May-June edition of The World Financial Review, takes a look at a novel solution to the on-going Greek debt crisis. Rooted in his work exploring a phenomenon he

NEWS RELEASE | A “win-win” solution for transforming the philanthropic landscape of the world

By on October 1, 2014

  FOR IMMEDIATE RELEASE   With the resources and capabilities of governments and private charity barely growing or in decline around the world, yet the problems of poverty, ill-health, and environmental degradation ballooning daily, it is increasingly clear that new

Philanthropication thru Privatization: A way to build charitable assets?

By on March 25, 2013

by Project Director Lester Salamon I had the good fortune to be called out by name recently by celebrated Economist Magazine columnist Matthew Bishop for having put together his “dream conference” combining his “two favorite themes: privatization and philanthrocapitalism.” The