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Opinion: The ethical argument against philanthropy
By offering philanthropists nothing but gratitude, we allow a huge amount of power to go unchecked.
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- Uncategorized
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- nonprofits, philanthropy
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F.B. Heron Foundation President Clara Miller to Step Down
Miller, who has served as director and president of Heron since 2010, will assume the role of president emerita and will continue to write, speak, and undertake research aimed at advancing the foundation's mission.
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- Investing
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Is Higher Ed the Next Big Frontier for Impact Investing? Some Funders Think So
Impact investing, with its promise of both financial returns and measurable social benefits, is one of the hottest trends in philanthropy. But as more legacy foundations look to harness the "other 95 percent" of their capital to their mission, and as newer business-minded donors flood into the field, plenty of questions remain about where and how impact investing is likely to be most useful or effective.
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- North America
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- philanthropy
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Financial Inclusion Takes the Next Step: An Interview with MetLife Foundation President Dennis White
As NextBillion launches our new Financial Health site under the sponsorship of MetLife Foundation, we touched base with its president and CEO, Dennis White. In this wide-ranging interview, White discusses the evolution of the financial inclusion movement, and the work the foundation is doing to advance it – including its grant-making and investing approach, its ongoing challenges, and what it has learned from both success and failure, among other issues.
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- Finance
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The Philanthropy World is Embracing Impact Investing
Instead of just using the stock market, more and more foundations putting their endowments into projects that help the world–including hitting the Sustainable Development Goals.
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- Investing
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- impact investing, philanthropy, SDGs
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National Geographic Society Commits $50 Million of Endowment to Impact Investments
Creation of new impact investment program, managed by CA Capital Management, will accelerate the organization's funding of research, exploration and education, inspiring solutions for the global good.
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- Investing
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How’s That Unique Impact Investing Effort Playing Out in Chicago?
Last year, we highlighted an innovative initiative that aims to let pretty much anyone with a little extra money get involved in financing efforts to tackle societal problems. It’s a $100 million collaboration called Benefit Chicago that involves the MacArthur Foundation, Chicago Community Trust, and the Calvert Foundation. And basically, it brings the complicated realm of impact investing down to a much more public and accessible level.
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- Investing
- Region
- North America
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How Billionaires Can Make More Impact With Their Donations
Philanthropy’s deepest-pocketed donors often short-change the causes they claim to care about the most. That’s because while the majority of the world’s wealthiest givers have expressed interest in solving complex social issues like poverty, educational inequity, environmental degradation, and human rights abuses, only 20% follow through with funding of $10 million or more to actually try to create some fundamental change.
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- Uncategorized