Executive Director, Diaspora Investment Alliance
Senior Director of Business Development, CAF America
Aspen Institute Transitions The Diaspora Investment Alliance (DIA) to Charities Aid Foundation of America
Washington, DC, February 17, 2016 – The Aspen Institute today announced the transfer of The Diaspora Investment Alliance (DIA) to Charities Aid Foundation of America (CAF America), the nation’s leader in global giving. The DIA will reside independently under CAF America who will evolve the initiative under its leadership and unique global footprint. DIA’s primary goal is to more effectively channel investments from diaspora communities into their countries of origin.
“We’re proud to transfer The Diaspora Investment Alliance to CAF America,” said Elliot Gerson of The Aspen Institute. “We’re confident that they will help evolve this important initiative and we are excited to see them play an integral role in shaping the future of both the DIA program and diaspora communities in the United States.”
Originally launched by the Aspen Institute in partnership with the Rockefeller Foundation, DIA aims to harness the untapped social and economic potential of diaspora communities while effectively helping make investments into countries of origin.
In addition to its ability to expedite philanthropic support to 215,000+ organizations in more than 90 countries, CAF America has the support of the CAF Global Alliance network, a philanthropic network of nine offices on six continents and serves as an official partner of the SDG Philanthropy Platform. CAF America has unmatched capacity to offer both tactical and strategic support to diaspora populations eager to make a difference in their home countries.
CAF America will continue the DIA’s exploratory pilot phase, which is currently focusing on US diaspora communities (e.g., Bangladesh, India, Kenya, Nigeria, Pakistan, The Philippines, and Ukraine with others under consideration).
About The Diaspora Investment Alliance
The Aspen Institute Diaspora Investment Alliance (DIA) is a collaborative effort between the Rockefeller Foundation and the Aspen Institute that designed targeted and coordinated approach to facilitate the strategic investment of financial and human capital from diasporas to their home countries. DIA’s primary goal is to more effectively channel investments from diaspora communities into their countries of origin.
The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues. The Institute has campuses in Aspen, Colorado, and on the Wye River on Maryland’s Eastern Shore. It also maintains offices in New York City and has an international network of partners. Learn more at www.aspeninstitute.org.