In 1936, near the end of the Great Depression, Children International launched one of the earliest child sponsorship charities. Today, child sponsorship is one of the most significant forms of foreign aid. It’s estimated that there are over 8 million internationally sponsored children in the world. With the average monthly sponsorship level set at about $30 (not including other gifts sent to sponsored children), the flow of resources from wealthy countries to poor countries from international child sponsorships is about $3.2 billion per year.
Despite the substantial amounts of money being funneled through these charities, few empirical studies have been conducted to gauge their effectiveness. But a new peer-reviewed, independent study on the viability of international child sponsorship led by Bruce Wydick, professor of economics and international studies at the University of San Francisco, reveals “large and statistically significant impacts on life outcomes for children enrolled in Compassion International’s Christian child sponsorship program.”
Some of the key findings from the study include: