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Facebook Ditched The Red Cross For Hurricane Harvey Relief
Now, Facebook is routing its millions of users, and $1 million of its own money, to the Center for Disaster Philanthropy, which in 2015 had just $3 million in revenue. A message on Facebook feeds with a donate button said, "Show your support. Facebook has matched $1 million in donations to the Center for Disaster Philanthropy."
- Categories
- Investing
- Region
- North America
- Tags
- nonprofits, philanthropy
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Michael and Susan Dell Foundation to Setup an Incubator in India
Talking about the incubator Rahil Rangwala, the Director for family economic stability at Michael and Susan Dell Foundation said, that the incubator will look at early-stage companies that offer financial inclusion, digital empowerment, job creation and services in other such impact areas.
- Categories
- Investing
- Region
- South Asia
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Register for SOCAP: Get a $250 Discount
SOCAP17 is still over a month away, but September 1 is the last chance to get tickets for under $1,000. Act now to get SOCAP17 tickets for $945 (a savings of $550 off full-price SOCAP tickets) using discount code MP_NextBillion applied to the Summer Special rate. Register soon!
- Categories
- Investing, Social Enterprise
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Largest Green-Bond Fund for Emerging Markets Nearing $2 Billion
The fund aims to marry the goals of investors seeking more high-yield opportunities and development banks seeking to expand the green economy in emerging markets.
- Categories
- Investing
- Tags
- impact investing
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Report: MFI investors have to wait a while to reap benefits of digitization in India
Investors generally tend to measure the success of their investment based on the growth of portfolio, profitability of the MFIs and consequently their return on investments.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Viewpoint: Marginalized Returns: Impact investing has been seduced by a false narrative of combining social impact with financial gains
Impact investing was originally created to improve the lives of others; that impact investing could also deliver financial returns to investors was a means to that end. But nowadays, achieving predefined financial returns has become the primary goal, with the needs of investors taking priority over the interests of the communities their funding seeks to benefit. This trend has fueled a growing mismatch between the supply of impact investment and the demand for funding from enterprises working to improve conditions for marginalized communities.
- Categories
- Impact Assessment, Investing
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These super-rich families are investing their fortunes to help others
The idea is similar to Bill Gates and Warren Buffett's The Giving Pledge, which requires signatories to give away at least half their wealth. But this is about investing for good.
- Categories
- Impact Assessment, Investing
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Want to fight climate change? Don’t invest in Tesla
“In our view, impact investing needs to begin with companies whose products and services have a notable positive environmental or social impact,” wrote Jessica Alsford, an equity strategist at the investment bank.
- Categories
- Environment, Investing
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