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Press Release: Five Foundations Commit $1.7+ Billion to Nonprofit Organizations in Wake of Pandemic
The Doris Duke Charitable Foundation, Ford Foundation, W.K. Kellogg Foundation, the John D. & Catherine T. MacArthur Foundation, and the Andrew W. Mellon Foundation announced a joint commitment to increase their payouts to nonprofit organizations with more than $1.7 billion within the next three years to help stabilize and sustain a nonprofit sector facing devastating economic effects due to the global pandemic and the epidemic of social injustice.
- Categories
- Coronavirus, Finance
- Region
- North America
- Tags
- nonprofits, philanthropy
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Post: 2019 Was a Record Year for VC Funding in Emerging Markets
Last year marked records for venture investment in a number of emerging private capital markets, including Africa, Southeast Asia, Latin America, India and CEE and CIS , according to a recent report by EMPEA.
- Categories
- Coronavirus
- Tags
- edtech, fintech, nonprofits
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WHO Foundation to Broaden Funding Base for Global Health Investment
The WHO Foundation, which is legally separate from the UN health agency, will facilitate contributions from the public, individual major donors and corporate partners.
It will make grants that support WHO's efforts to address pressing global health challenges, which include extending universal health coverage to one billion people.- Categories
- Coronavirus, Health Care
- Tags
- nonprofits
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A New Take on Silicon Valley: Why it’s Time for the Tech Sector to Embrace Social Impact
From the rise of B Corps to the emergence of social enterprise, the world is experiencing a true revolution in what business can be. Now, according to Tristan Pollock at CTO.ai., smartphone proliferation has brought this shift toward social impact to the technology industry. He discusses the ramifications of this trend, and why the tech sector should fully embrace it.
- Categories
- Technology
- Tags
- nonprofits, startups
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What More Could Donors Be Doing on COVID-19?
Development professionals in Latin America and the Caribbean are most frustrated with donors’ response — 88% of respondents based there feel donors are not doing enough, followed by 79% in North America.
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Google and Gates Foundation to Help Spread Digital Payments in Developing Countries
The initiative would help tie together a growing array of digital financial services.
- Categories
- Finance, Technology
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Press Release: Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19
Nonprofit microfinance organization Grameen America today announced that it has launched the Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs the organization serves.
- Categories
- Coronavirus
- Region
- North America
- Tags
- microfinance, nonprofits
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Heifer International Joins Libra Association to ‘Support Financial Inclusion’
Global nonprofit Heifer International is joining the Libra Association, it announced Monday, becoming the 23rd official member of the organization.
- Categories
- Finance, Technology
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