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Session 3​ - Diaspora Philanthropy: Time, Talent, and Treasure​ ​

Event date with timezone
- Europe/Dublin
Type of Event
Conference

Overview
The word philanthropy has Greek origins whereby philos means love and anthropos means mankind. The modern meaning of the word describes philanthropy as private contributions for public purposes by individuals, corporations, or foundations. It is sometimes referred to as 'the kindness of strangers' or 'private action for public good'. Philanthropy is not only about the provision of financial resources, but it is also about the 3 T's - Time, Treasure and Talent. This, then, includes diaspora time through interventions such as mentoring and advice, talent through skills transfer, and treasure through economic philanthropic contributions.
The contributions of philanthropy for international development have been amplified by the formative work of global flagship entities such as the Carnegie Corporation of New York, Bill and Melinda Gates Foundation, and many others. It is also a powerful avenue through which corporations are beginning to reimagine their role in designing and delivering equitable futures across our societies through corporate philanthropy. Within this wider sectoral lens, there is a rich heritage of diaspora philanthropy where diaspora communities give strategically, through their time, talent, and treasure, to support developmental actors such as entrepreneurs, foundations, non-profits, universities, and others.

Diaspora Philanthropy: A Portal to Sustainable Development
This intersection between international development and philanthropy is rooted in the fact that philanthropy recognizes that neither the market nor government can do it alone when it comes to development. It also recognizes the role and impact an individual can have. It is a reflection that society is a stool with 3 legs - a profitable business sector, an efficient government sector, and an effective non-profit sector.
Echoing the purpose of this summit, philanthropy is driven by a desire to bring about future change - to improve somebody's circumstances, to provide opportunity, to cure a societal ill, or to support various forms of infrastructure for development. In this light, philanthropy is about addressing the root causes of issues which sets it apart from mainstream charity and illuminates its potential for international development. It is about adopting a discovery and experimentalist approach to deliver solutions to the challenges of our time. It is also a cross-cultural phenomenon rooted in many different belief systems around the world – it is a force for common good when viewed in this light.
The importance of diaspora philanthropy is conveyed in a subtle distinction between diaspora philanthropy and the role of diasporas in philanthropy. Diaspora philanthropy is the direct strategic giving by diasporas to support development at home and abroad either through their time or resources. Diaspora philanthropy is not new. Migrants and their descendants have been active contributors in this sector for centuries.
In terms of diasporas in philanthropy, this speaks more to the various roles that diasporas play across the philanthropic sector. Diaspora members can be both benefactors and beneficiaries of philanthropy. For example, there are diaspora members who can influence agenda-setting decision making on philanthropy, yet diaspora members are also on the front-line distributing or receiving philanthropic support.


Scope of Session
This session will strike a forward-looking assessment into the potentials of diaspora philanthropy as a tool for sustainable development by exploring some of the key trends and models for success. The session will not just explore the potentials but provide actionable takeaways to equip governments, diaspora organizations, foundations, and the private sector with ideas and applications to develop.
Ongoing key impacts such as the global intergenerational transfer of wealth, estimated to be over 30 trillion USD in the United States alone, and exemplars such as alumni engagement models will be explored to unearth applicable lessons in the context of diaspora philanthropy. To achieve this outcome, certain guiding questions will include:
• If philanthropy is private wealth for public good, then what is the role of government in nurturing diaspora philanthropy?
• What can be done to increase diaspora philanthropy? For example, how can fiscal policy be used to accelerate diaspora philanthropy?
• How can we measure or support the impact of the amount of time that diasporas invest in diaspora engagement initiatives? What drives diasporas to give their time and how can we attract other diaspora members to support through such activities?
• How can diaspora philanthropy organizations be helped to grow and increase their capacity to effectively fundraise from the diaspora? What are the models of success in diaspora fundraising?
• How can the next generation of diasporas be encouraged to act philanthropically to their country of origin or heritage?
• How can technology facilitate Diaspora Philanthropy?


Methodology of Session
The session will open with an input from the governmental host to share their diaspora engagement story, followed by an inspirational address from a global leader on the topic.
The session will conclude with a showcasing of a diaspora organization exemplar and an interactive discussion with participants to help develop recommendations for the enhancement of diaspora philanthropy within international development. In line with aims of the summit to provide peer-to-peer exchange and knowledge sharing, the digital platform also provides networking capacity throughout the session for participants to engage with each other. The final outcomes generated through the panellist and participant interventions will be reflected in the summit report and provide insight for the final ‘Outcome Document’ of the GDS.
We look forward to welcoming you to this session to learn about your ideas and views on diaspora philanthropy to engage diaspora time, talent, and treasure!

SPEAKERS

Host -the networking institute

Kingsley Aikins

KA

Kingsley Aikins is CEO of The Networking Institute based in Ireland which is a consultancy and training company that delivers online and offline courses in Networking, Philanthropy & Fundraising and Diaspora Engagement. He has done many Diaspora related projects with UN-IOM, ICMPD, GIZ, EUROMED and USAID as well as national governments and multinational corporations. 

He is an Economics and Politics graduate of Trinity College Dublin. For ten years he worked for IDA Ireland and The Irish Trade Board and was based in Sydney Australia and he was responsible for attracting foreign direct investment into Ireland and promoting Irish exports. He then ran Ireland’s largest Diaspora organisation, The Ireland Funds, based in the US. During his 21 years running The Ireland Funds over a quarter of a billion dollars was raised for projects of Peace, Culture and Charity in Ireland, North and South.  

Since returning to live in Ireland in 2010 and establishing The Networking Institute he, and his colleagues, have worked with over 30 countries, regions and cities helping them develop strategies to connect with their Diasporas. He developed the concept of Diaspora Capital that is made up of three flows – flows of people, knowledge and money. He has written and spoken extensively on the topic around the world. He lives in Dublin with his wife and three children.

 Killian Clifford - iom

KC

Killian is the senior migration governance expert with responsibility for migrant financial and economic empowerment. He has a private sector background from banking and finance where he worked in London for many years before transferring those skills to the development sector. He has worked extensively in mobile money and payments where he delivered some of the first successful mobile money deployments in Africa and Asia. Before joining IOM he was the Director of Policy and Advocacy for mobile money at the GSMA working on the intersection of mobile money and development including remittances, MSME development, trade, and taxation. He has also been an advisor to other UN agencies in the field of digital and mobile remittances. 

Killian has two masters’ degrees, one in Finance from the Smurfit school of business at University College Dublin and another in Development from the Institute of Development Studies at the University of Sussex. 

Keynote SpeakeR - Almaz Negash, ADN

AN

Almaz Negash is named as one of the 100 outstanding Silicon Valley Women of Influence for her work in social innovation.  In 2010, Almaz founded the African Diaspora Network (ADN) to inform and engage Africans in the diaspora and facilitate direct collaboration with social entrepreneurs, innovators and business leaders to invest and improve the lives of everyone on the continent and the communities where we live.  Under her leadership and vision, ADN is now the home of The African Diaspora Investment Symposium (ADIS), an annual convening in Silicon Valley, Builders of Africa’s Future, and Impact & Investment Forums.  Currently, Almaz is exploring ways to provide access to capital to Black led startups and SMEs via the newly launched program called: Accelerating Black Leadership & Entrepreneurship (ABLE). Whether creating market driven solutions to reduce homelessness and mental health with Pay for Success (a.k.a. Social Impact Bond) - a more than $28 million project in Santa Clara County, supporting women to gain financial security through microenterprise development, international trade, or engaging former heads of states on Global Leadership & Ethics, she’s a committed and inspiring social change agent. 

Diaspora organization - Sanjeev Joshipura, InDiaspora

S

Sanjeev Joshipura serves as Indiaspora’s Executive Director since January 2018 and served as Director since July 2016. Immediately prior to that, he was active in the US-India corridor in a public policy and business capacity, via his own consulting firm.  A naturalized American citizen, he was born and raised in India and migrated to North America in 2000. In the corporate realm, Sanjeev has worked at Fortune 500 multinational organizations in different industries, in the areas of strategy, finance and project management. 

Since 2008, he has been actively engaged in public policy, American politics, and global government relations. He has managed a US Senate election campaign, worked as a staff member on Capitol Hill advising congressmen and senators on economics and international affairs, and been the Executive Director of an international financial services industry association. 

Sanjeev has a bachelor's in computer engineering from Pune University, India, an MBA from the University of Toronto, Canada, and a Certificate in Financial Risk Management from the Illinois Institute of Technology, USA. A passionate cricket fan, he is involved in cricket administration as a member of Cricket Ireland’s Commercial Advisory Group. He lives in the suburbs of Washington, DC with his wife and twin children.  

Event Document(s)