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The Foundation Review

2021

Brazil

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Full-Text Articles in Business

Brazilian Foundations And The Responses To Covid-19, Marcos Paulo Lucca-Silveira, Pietro Rodrigues, Marketa Jerabek, Marcia Kalvon Woods, João Paulo Vergueiro Sep 2021

Brazilian Foundations And The Responses To Covid-19, Marcos Paulo Lucca-Silveira, Pietro Rodrigues, Marketa Jerabek, Marcia Kalvon Woods, João Paulo Vergueiro

The Foundation Review

This article aims to systematically analyze the contribution of corporate and family foundations in the fight against COVID-19 in Brazil, one of the countries most affected by the pandemic. Despite its resultant economic and social crisis, the pandemic has sparked an unprecedented wave of philanthropy in Brazil. It is estimated that more than $1.2 billion has been raised and donated by corporations, corporate and private foundations, crowdfunding, and fundraising campaigns.

Foundations, in particular, have played an important role in financing relevant scientific work, supporting public policies, and assisting nonprofit organizations and vulnerable communities. And while there is increasing knowledge about …