From Northeastern University:
Rebecca Riccio, director of the Social Impact Lab at Northeastern University, was recently asked to justify the practice of local philanthropy in the United States when a dollar can go so much further in other countries.
In response, Riccio acknowledged the math behind that statement but emphasized that local philanthropy is much more than just a transactional equation. “I see local philanthropy as a deeply held value, a trust, that is not just about money, but about engaging in and taking responsibilities for our communities,” Riccio said.
– See more at: http://www.northeastern.edu/news/2014/04/local-philanthropy/#sthash.dJk8XKag.dpuf