President of the United Nations Economic and Social Council Ambassador Milos Koterec of Slovakia opened on Monday 27th February the first Dialogue of Development Cooperation Forum (DCF) with private philanthropic organizations. The Development Cooperation Forum, established by the 2005 World Summit in response to the changes in development cooperation as well as to the growing role taken by non-traditional actors, has an important role in spurring global discussions among foundations and United Nations Member States. The meeting focused on issues of comparative advantages and good practices of philantropic organizations and on promoting partnerships to achieve better development results. It enjoyed participation of important stakeholder like President of Ford Foundation Luis Ubinas, Executive Director of Trust Africa Akwasi Aidoo, Founder of Education for Employment network Ron Bruder, Vice President for Strategic Philantropy Foundation Center Lisa Philip, Bakery Kone of the African Capacity Building Foundation, Managing Director of Rockefeller Foundation Rob Garris and many others, as well as representatives of member states.