Friday
September 18
2026

Wallace Global Fund to Spend Itself to Zero, Putting Its Entire Endowment Behind Movements as It Challenges Philanthropy to Pay Out More to Meet This Moment

Wallace Global Fund (WGF) announced today that it is spending its entire endowment down to zero, deploying every dollar toward frontline organizers and movements working to build a just multiracial democracy, advance human rights and economic justice, protect the planet and hold corporations accountable.

Photo courtesy of DisobeyArt.

Source: PR Newswire (link opens in a new window)

Categories
Investing
Tags
global development, human rights, philanthropy, scale