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Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Thursday, December 18, 2014 — No Region Specified

Can Innovation Help the Poor Escape from Payday Lenders? Ford Thinks So

Source: Inside Philanthropy

The Ford Foundation has been working to close the racial wealth gap for over two decades, a gap much in the news these days, and one part of that effort has been to help "unbanked" low-income people escape from the shady world of payday lending and worse, and access the financial services that middle-class people take for granted. To that end, Ford recently gave $1 million dollars to the Center for Financial Services Innovation (CFSI) to continue its work on building financial tools for the underserved.
Wednesday, December 17, 2014 — No Region Specified

2014 in Impact Investing: The Big Bang and its Aftermath

Source: The Huffington Post

Impact investing reached and surpassed the tipping point in 2014, ceasing to be an insiders' game.
Tuesday, December 16, 2014 — No Region Specified

5 Reasons Today's Leaders Are Focused on Using Wealth and Power to Create Impact

Source: Business Insider

Leaders are migrating from figureheads to action figures. From bureaucrats to disrupters. From managing the established to creating and sponsoring more social impact.
Friday, December 12, 2014 — No Region Specified

Impact Investments Show Strong Returns, Survey Says

Source: The Chronicle of Philanthropy

An overwhelming majority of "impact investments" met or exceeded financial and social-benefit goals, according to a survey released Thursday.
Friday, November 21, 2014 — No Region Specified

PRESS RELEASE: Agora Fund Will Bring Rigor of Investing to Philanthropy

Source: Agora Fund

Innovative new social enterprise will work with donors and nonprofits to apply the rigor, transparency and ease of a for-profit investment platform to the world of charitable giving.
Friday, November 7, 2014 — No Region Specified

Facebook adds button designed to make it easier for users to donate to charities battling Ebola

Source: The Daily Mail

Facebook is stepping up its efforts to fight Ebola by adding a button designed to make it easier for its users to donate to charities battling the disease.
Tuesday, November 4, 2014 — No Region Specified

Crowdfunding Global Health

Source: National Geographic

According to Wikipedia, crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet”.
Monday, October 27, 2014 — No Region Specified

OPINION: Is social investment bad for the charity sector?

Source: Civil Society

In recent months senior figures in the world of charity have questioned whether social investment is good for the sector. David Ainsworth examines why this new field is facing a backlash.
Wednesday, October 22, 2014 — North Africa and Near East

Dubai entrepreneur’s 100% Mad scheme to give away $1bn

Source: The National

Launching a social enterprise that will revolutionise the way we donate money to charity is a tall order. But the Dubai-based businessman Tariq Qureishy, 50, aims to raise US$1 billion in the next two years, and give the entire amount to charity through his social venture 100% Mad.
Tuesday, October 14, 2014 — No Region Specified

New Calvert chief sees two trends in sustainable investing

Source: Washington Business Journal

John Streur, incoming CEO of Calvert Investments Inc., sees "two broad trends that are really coming together to shape and influence socially responsible investing."
Tuesday, October 14, 2014 — No Region Specified

Global Innovation Fund Receives $200m from Omidyar Network, Governments of Australia, Sweden, UK, US

Source: MicroCapital

The Global Innovation Fund (GIF), a UK-based nonprofit, recently announced its launch in the US city of New York. GIF plans to fund “social innovations” brought forward by nonprofit entities as well as for-profit organizations and government.
Wednesday, October 8, 2014 — No Region Specified

An Unconventional Billionaire Is Revolutionizing Philanthropy By Closing His $8 Billion Foundation

Source: Fast CoExist

Should charity go on forever? For Chuck Feeney, the answer is an emphatic no--and fellow billionaires, from newly-minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, can learn from his example.
Friday, October 3, 2014 — South Asia

Philanthropic capital should be invested more strategically for poverty alleviation: Country Director, Acumen Pakistan

Source: Business Recorder

Farrukh H Khan is the Country Director & CEO of Acumen Pakistan and one of the leading independent business and financial advisors in the country.
Friday, October 3, 2014 — No Region Specified

Rockefeller Foundation aims for Impact

Source: BusinessWeek

Judith Rodin is the president of the Rockefeller Foundation, which means she’s in charge of giving away one of America’s historic fortunes. One problem: “As rich as Rockefeller” doesn’t mean quite what it once did. The foundation ranks only 16th in assets among U.S. charities, according to the Foundation Center.
Tuesday, September 23, 2014 — No Region Specified

PRESS RELEASE: CGAP CEO Ehrbeck Will Join Omidyar Network As Partner

Source: Press Release

Omidyar Network today announced that Tilman Ehrbeck will join the philanthropic investment firm as a partner. Based in Washington D.C., Ehrbeck will oversee Omidyar Network's Financial Inclusion, Impact Investing, and Property Rights initiatives. Omidyar Network Managing Partner Matt Bannick made the announcement during the Clinton Global Initiative Annual Meeting in New York.
Wednesday, September 17, 2014 — No Region Specified

How Millennials Will Change the Face of Philanthropy

Source: Diplomatic Courier

Millennials are expected to be the core beneficiaries of a coming $30 trillion transfer of wealth between generations, according to Accenture’s report on the “Greater Wealth Transfer.” This will impact philanthropy, investments, and possibly even global financial markets.
Tuesday, September 16, 2014 — Latin America

Philip Morris Sues Uruguay Over Graphic Cigarette Packaging

Source: NPR

Shopping for cigarettes in Uruguay isn't a pleasant experience. Photos of decaying teeth, premature babies and gruesome hospital scenes wrap around every pack. In fact, the country requires manufacturers to cover at least 80 percent of the packaging with medical warnings and graphic images.
Thursday, September 11, 2014 — South Asia

The Man Who Feeds 1.2 Million Kids A Day

Source: Fast CoExist

Running a massive school meals program that feeds malnourished kids, Manoj Kumar is on a mission to show how entrepreneurs can make real inroads in tackling India's age-old social problems.
Tuesday, September 9, 2014 — No Region Specified

Harvard Receives Largest-Ever Donation

Source: NPR

A $350 million gift pledged to Harvard University's School of Public Health is the largest single donation in the university's long history, officials said, and will help bolster research in several key areas including global pandemics.
Tuesday, September 2, 2014 — South Asia

Unitus Seed Fund Has Raised USD 20 Million From Investors

Source: Press Release

New investors in India’s most active Micro VC impact fund demonstrate that commercial and philanthropic investors are drawn to impact investing
Thursday, August 21, 2014 — Sub-Saharan Africa

Ebola crisis provides glimpse into Samaritan’s Purse, SIM

Source: Washington Post

Samaritan’s Purse and SIM USA were instrumental in the evacuation of two U.S. missionaries from West Africa. These religious relief groups maintain a low profile in the U.S. but are often on the front line of public health crises. Health organizations and leaders of affected areas are also working to contain the deadly outbreak. Here are the key players.
Tuesday, August 12, 2014 — No Region Specified

A Few Simple Tricks Make Starting A Business Overseas Cheap And Easy

Source: Fast CoExist

Zoe Cohen produces her Zoko Bags from Kenya. Here's how she got her start as a destination entrepreneur.
Tuesday, August 5, 2014 — No Region Specified

PRESS RELEASE: USAID and Rockefeller Foundation Announce $100 Million Global Resilience Partnership in Africa and Asia

Source: USAID

?WASHINGTON, D.C. - The U.S. Agency for International Development (USAID) and The Rockefeller Foundation announced today a $100 million Global Resilience Partnership that lays out a bold new vision for building resilience to chronic stresses and increasing shocks in communities across Africa and Asia.
Tuesday, August 5, 2014 — No Region Specified

‘While the US may be late to the party, it has a lot to offer Africa’

Source: HowWeMadeItInAfrica

Africa offers US multinationals a compelling trade and investment opportunity thanks to the rapid economic growth rates being experienced across the continent along with burgeoning population growth and increasing urbanisation, according to South African-based Standard Bank.
Friday, August 1, 2014 — No Region Specified

Banking For The Poor: Will This Be Bill Gates' Greatest Philanthropic Achievement?

Source: Forbes

Microsoft co-founder Bill Gates has given away more than $28 billion, comfortably making him the world’s greatest living philanthropist.
Friday, August 1, 2014 — No Region Specified

Impact Investing’s Image Problem

Source: FinancialAdvisor mag

Steve Schueth, president of First Affirmative Financial Network, offered an analogy that made the usual invest-to-make-money-first-and-then-be-philanthropic-later approach sound something like a Viking raid.
Thursday, July 17, 2014 — No Region Specified

What Conditions Will Bring More Investors into the Sustainable Seafood Sector?

Source: National Geographic

As sustainable seafood markets grow, philanthropists, nonprofit leaders, and entrepreneurs see opportunities for impact-minded investors to make profits while creating positive change in the oceans.
Thursday, July 17, 2014 — No Region Specified

Buffett gives record $2.1 billion donation to Gates Foundation

Source: Bloomberg

Warren Buffett, the second-richest person in the United States, made his largest single charitable contribution ever when he donated $2.1 billion to the Bill and Melinda Gates Foundation.
Tuesday, July 15, 2014 — No Region Specified

Nearing A Deadline, Is The World Going To Meet The Millennium Development Goals?

Source: Fast CoExist

The latest UN appraisal shows progress, but in some areas, such as child mortality and biodiversity loss, we're falling short.
Thursday, July 3, 2014 — Asia Pacific

Corporate ‘Prizes’ Driving Innovation

Source: Pro Bono Australia

As the global trend for corporate prize winning competitions to drive innovation increases, a new US report offers guidance for the public sector, Not for Profits and philanthropic foundations on cultivating the winning opportunities.
Monday, June 23, 2014 — No Region Specified

Foreign Aid Isn't Charity. It's an Investment

Source: Business Week

One of the few bright spots of bipartisanship on Capitol Hill of late has been in global development. The House recently passed a bill to support President Clinton’s Power Africa initiative, which is designed to boost access to electricity across six countries in the region. Both houses also managed to reauthorize PEPFAR—the President’s Emergency Fund for AIDS Relief— which provides antiretrovirals toalmost 7 million people worldwide.
Friday, June 6, 2014 — No Region Specified

Impact Investing: Not Just For Billionaires

Source: Forbes

Foundations just make grants, correct? Not necessarily. Grants are becoming one option in a more complex menu of financial tools for the social sector.
Tuesday, June 3, 2014 — No Region Specified

Is Impact Investing the Next Big Thing for Bloomberg?

Source: Inside Philanthropy

Despite his business background, Michael Bloomberg's philanthropy has been pretty traditional, albeit in an outsized way: He's made big cash grants to NGOs trying to solve major problems.
Thursday, May 15, 2014 — No Region Specified

When Philanthropists Give Directly, Are Climate Dividends Next?

Source: Huffington Post

International development philanthropies have been testing out a simple solution to a complex problem. Can we help the poorest people in the world by just giving them money? If so, how about giving them money with no strings attached? An idea that simple to solve a problem that complex must be met with skepticism, especially from groups that thrive in the existing top-down international development aid structure.
Wednesday, May 14, 2014 — No Region Specified

An Idea for Female Donors: Social-Impact Investing

Source: Women's Enews

A new wave of social-change philanthropy is focusing on endeavors that run on a for-profit basis. The idea is to encourage a more businesslike approach to solving the world's pressing problems and earning a return on investment in the process.
Tuesday, April 29, 2014 — South Asia

Rohingya Health Crisis In West Myanmar After Aid Groups Forced Out

Source: Business Insider

The United Nations says at least 40 Rohingya were killed there by Buddhist Rakhine villagers. The government denies any killings occurred.
Friday, April 18, 2014 — No Region Specified

Development Assistance For Global Health: Is The Funding Revolution Over?

Source: Health Affairs

In many ways, the last twenty years have been somewhat of a “revolution” in global health, as marked by rising attention, growing funding, and the creation of new, large scale initiatives to address global health challenges in low and middle income countries.
Monday, March 31, 2014 — No Region Specified

How Philanthropists And Investors Can Work Together To Create Social Change

Source: Forbes

Scaling up innovation is rarely as simple as investing in a company. The best social innovations aren’t companies – rather they are social movements, coalitions co-created by businesses, social sector organisations and governments working together. But how do you fund and scale up a movement?
Monday, March 24, 2014 — No Region Specified

Maker of Toms shoes expands into coffee roasting

Source: ajc.com

Toms, the Los Angeles company known for its comfy, eco-friendly footwear and its shoes-donating ways, is tiptoeing into an unusual product line: coffee.
Thursday, March 20, 2014 — No Region Specified

Catalyzing Impact Investments Through Coordinated Grantmaking

Source: Philanthropy News Digest

In an increasingly resource-constrained world, the ability to drive more impact investments into the communities and issues we care about is imperative
Wednesday, March 12, 2014 — No Region Specified

Haitians sue UN over cholera epidemic

Source: Yahoo! News

Nearly 1,500 Haitians filed a lawsuit Tuesday seeking compensation from the United Nations for victims of a cholera outbreak that health officials say has killed more than 8,000 people and sickened over 600,000 in the impoverished Caribbean nation.
Wednesday, February 12, 2014 — No Region Specified

Africa: Narrow Funding Base 'Puts WHO Drug Programme At Risk'

Source: All Africa

The future of a WHO programme that ensures the quality of medicines for numerous global health NGOs and UN agencies is vulnerable unless more donors start funding it, health experts have warned.
Tuesday, February 11, 2014 — No Region Specified

Georgetown gets $10M gift for social innovation

Source: The Washington Post

Georgetown University has received a $10 million gift for a new center aimed at fostering innovation among students who want to build skills and organizations to solve society’s problems, the school announced Monday.
Monday, January 6, 2014 — No Region Specified

Tony Elumelu's new Africapitalism

Source: Devex

Global development leaders can’t seem to get enough of Tony Elumelu, the soft-spoken Nigerian banker and philanthropist who last year made headlines when he announced a $2.5 billion investment in U.S. President Barack Obama’s Power Africa initiative.
Friday, November 15, 2013 — No Region Specified

Leading health and philanthropic organizations outline plan to address global preterm birth burden

Source: Science Codex

A call-to-action was issued to advance a comprehensive research agenda to address the global burden of preterm birth, which has become the leading cause of newborn deaths worldwide.
Thursday, November 14, 2013 — South Asia

"Donate to health, not Gods"

Source: Deccan Chronicle

Instead of donating money to temples, Dr Poonawalla suggested Indian billionaires to look at donating funds for education and health care purposes.
Wednesday, November 13, 2013 — No Region Specified

8 Incredibly Effective Ways to Save Children from Preventable Deaths

Source: Co.Exist

How many children's lives can be saved with $1 million? That's the question posed to the eight finalists in the inaugural Caplow Children’s Prize, the biggest humanitarian prize for saving the lives of children.
Tuesday, November 5, 2013 — No Region Specified

MasterCard Launches Center to Drive Inclusive Growth Around the World

Source: Wall St. Journal

MasterCard has launched the Center for Inclusive Growth to further sustainable and equitable economic growth and financial inclusion around the world.
Wednesday, September 11, 2013 — No Region Specified

Raikes steps down as CEO of Gates Foundation

Source: PC World

Former Microsoft exec Jeff Raikes said Tuesday that he would step down as the chief executive of the Bill & Melinda Gates Foundation, theoretically freeing himself up as Microsoft searches for a new CEO.
Wednesday, August 28, 2013 — No Region Specified

The Consequences of Impact Investing on Philanthropy

Source: The Huffington Post

As the investment culture expands from simply the bottom line of profit to an increased focus on the triple bottom line (social, environment and profit), philanthropy will continue to be an essential catalyst in unlocking the potential of impact investing. This is because these game-changing funding models may not achieve the necessary scale to produce a profit without some initial subsidies.
Thursday, January 17, 2013 — No Region Specified

Save the Children receives $40 million for Saving Newborn Lives program

Source: Save the Children

Save the Children is pleased to announce the Bill & Melinda Gates Foundation's new five-year grant of $40 million to its Saving Newborn Lives program.
Wednesday, January 2, 2013 — No Region Specified

Charitable foundations look towards impact investing

Source: Marketplace

Pierre Omidyar wanted to take the fortune he earned from his company, eBay, and become a philanthropist. So he started a traditional foundation for giving out grants. He called it the Omidyar Family Foundation.
Wednesday, December 12, 2012 — No Region Specified

In New Brand of Philanthropy, Nonprofits Invest in For-Profits

Source: DealBook

When the W. K. Kellogg Foundation set aside $100 million in 2007 to invest in companies that could produce both social and financial benefits, it was considered revolutionary. Historically, major foundations had used mainly stocks, bonds, real estate and other traditional asset classes to build their endowments.
Monday, December 10, 2012 — No Region Specified

Gates Foundation Announces $21 Million in Global Health Grants

Source: Philanthropy News Digest

The Bill & Melinda Gates Foundation has announced grants totaling more than $21 million to seven projects through its Grand Challenges in Global Health initiative.
Monday, December 3, 2012 — South Asia

What Is eBay’s Omidyar Doing on Delhi’s MedTech Row?

Source: New York Times

Pierre Omidyar is best known as the founder of the online auction company e-Bay, which he grew from an “odd little Web site” to one of Web commerce’s biggest and longest-lasting success stories.
Friday, September 21, 2012 — No Region Specified

White House Hosts Innovation Forum for Philanthropists

Source: The Chronicle of Philanthropy

More than 150 leaders in philanthropy and finance gathered at the White House on Thursday for a private meeting on “innovation in philanthropy” that featured Jean Case, chief executive of the Case Foundation, as a keynote speaker.
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