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First global funding pact launched to secure indigenous land rights
Indigenous people under threat from companies seeking to develop their land for agriculture, mining and energy projects will be supported with money and practical help through a major global partnership backed by philanthropic and government funding.
- Categories
- Environment
- Tags
- human rights, philanthropy
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Microsoft launches Technology for Social Impact group, pledges to help 300k nonprofits move to the cloud
“This new team will build the kind of robust ecosystem that today works so well for businesses, to help nonprofits move to the cloud and provide the support they need,” Microsoft Philanthropies GM Justin Spelhaug said in a blog post announcing the news.
- Categories
- Technology
- Tags
- nonprofits, philanthropy
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Seven Lessons From A Decade Of Impact Investing
Impact investors have funneled more than $100 billion into projects designed to make money by doing good, and $8 billion of that flowed into projects that improve the way we manage land. AlphaSource Advisors has been in the impact space for over a decade, and they’ve learned a few things along the way.
- Categories
- Impact Assessment, Investing
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Viewpoint: Generational Musings on Impact Investing: Are They Worth the Paper?
Millennials fall between 20 and 37 years of age; this is still a young generation and, as such, an idealistic group. Research shows that as families grow and people get older, their investing strategies change. Saving the whales might sound good to a twenty-year-old, but the financial burden of children and aging parents may influence a forty-year-old to focus on financial return.
- Categories
- Impact Assessment, Investing
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How Nonprofits Can Make The Super Rich Work For Them
A recent report about the values and giving practices of high and ultra-high net worth adults–people with at least $1 million in liquid financial assets–by U.S. Trust, Bank of America’s private wealth management group, provides some answers.
- Categories
- Investing
- Region
- North America
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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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How Mastercard’s “Data Philanthropy” Program Is Tackling The Global Financial Information Gap
Through its Center for Inclusive Growth, an independent subsidiary of the company launched in 2013 to support financial inclusion in the developing world, Mastercard is experimenting with a new type of philanthropy: data donation. Mastercard is one of the largest payments companies in the world, and Shamina Singh, president of the Center for Inclusive Growth, says that when the Center was founded, it was with a mandate from the company’s board of directors to “think about Mastercard’s assets broadly, and then think about how those assets can be applied for social good.”
- Categories
- Uncategorized
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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