US foreign aid has collapsed. How should philanthropy respond?

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Can philanthropy fill the gap left by the closure of USAID? Unlikely, say the experts — but it can do something.

It’s been a deeply turbulent three weeks for foreign aid, with the abrupt dismantling of USAID sending shockwaves through the sector. Funding for lifesaving programs has evaporated overnight, leaving many to wonder whether foundations will step in to fill the void.