Oxfam America


From: http://www.oxfamamerica.org/newsandpublications/press_releases/archive2007/oxfam-america-launches-50-million-fundraising-campaign


Oxfam America Launches $50 Million Fundraising Campaign

Posted: 15 November 2007

For more information, contact:
Helen DaSilva, Senior Press Officer
617-728-2409 (office)
617-331-2984 (mobile)
hdasilva@oxfamamerica.org


NEW YORK — International relief and development agency Oxfam America announced a new $50 million fundraising initiative, the Campaign for Oxfam America, at last night’s Esquire House celebrity event in New York City. To date, the Campaign has raised $43.8 million.

"This is not a typical campaign,” said Janet McKinley, chair of Oxfam America’s board of directors and of the Campaign for Oxfam America. “We're not raising money for new buildings or for a perpetual endowment. The highest return a donor can get is to put money to work now.”

“Oxfam is seeking investors who want to expand our programs over a five-year period, building the capacity of poor communities, particularly women, to earn more, save more, invest in their families, and better manage their risks,” McKinley continued. “And given the increasing frequency and severity of natural disasters, those risks are rising.” McKinley and her husband, George Miller, have already committed $5 million to the Campaign for Oxfam America.

“The show of support we have seen for the Campaign is especially significant since Oxfam, in order to preserve its independence and voice, does not accept funding from the US government. The organization depends entirely on gifts and grants from individual donors, foundations, and corporations to carry out its mission of poverty alleviation and social justice,” McKinley concluded.

To date, individuals have contributed 57 percent of the donations for the Campaign for Oxfam America. Foundations and corporations have donated 43 percent. The Campaign has received commitments for 10 seven-figure and 50 six-figure gifts.

Among the leading institutional donors, the New York City-based Ford Foundation has already committed $9 million to the Campaign.

“The foundation shares Oxfam America’s commitment to reducing poverty, creating economic opportunities, investing in women and families,” said Susan V. Berresford, president of the Ford Foundation. “We welcome these efforts to create lasting, equitable solutions to the most pressing global issues.”

Another major donor to Oxfam, The William and Flora Hewlett Foundation in Menlo Park, CA, has contributed $4.5 million in current grants.

“Oxfam makes canny use of its financial support,” said Paul Brest, president of the Hewlett Foundation. “We share its goals of reforming aid and making global trade practices fairer as an effective way to lift the world’s population out of poverty.”

Funds raised through the Campaign for Oxfam America will support longer-term investment in four distinct areas of work:

Saving Lives

Empowering Woman and Families

Creating Economic Opportunity

Ensuring Impact and Effectiveness


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