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Billionaire Michael Dell Announces $1 Billion Commitment To Support Social Entrepreneurs, Nonprofits
The funding will go toward the financial support of causes like social entrepreneurship in India, college success for low-income students in the U.S. and South Africa, and data-driven education across the regions, Dell's wife Susan, who joined him during the talk, said.
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- Education
- Region
- North America
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How Big-Donor Philanthropists Can Get Results
According to The Bridgespan Group, a Boston-based consultancy for philanthropists, only 20% of philanthropic commitments of $10 million or higher go to organizations or initiatives making a social change—such as improving public health, the justice system, the environment, or international development.
- Categories
- Investing
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Your Guide To Impact Investing
For more than four years, I’ve been covering impact investing as a regular Forbes contributor and have written hundreds of pieces about the space. Here’s the thing: most impact investments are only open to wealthy people. This is a guide to impact investing for everyone else, the 98 percent of the population who don’t meet the criteria for investing with the wealthy.
- Categories
- Impact Assessment, Investing
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Trump Meets Bill Gates After President Seeks Cuts in Foreign Aid
President Donald Trump met with Microsoft Corp. co-founder Bill Gates at the White House on Monday, just days after releasing a budget proposal that would impose deep cuts on funding for many of the causes championed by the billionaire philanthropist.
- Categories
- Health Care
- Tags
- philanthropy
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Google.org grants $50 million to nonprofits striving for equal access in education
According to a report from Google.org, the search giant’s philanthropic arm, 74 percent of students globally have little or no internet connectivity, 221 million students in schools are being taught in a language that is foreign to them and 32 million primary school-aged children can’t even reach traditional classrooms because of violent conflict and displacement.
- Categories
- Technology
- Tags
- philanthropy
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Viewpoint: How billionaire philanthropists could really make an impact
Tom Hall of UBS argues that if the likes of Bill Gates and Mark Zuckerberg were to put their money into impact investment instead of grants they could make a real contribution to the Sustainable Development Goals
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing, philanthropy, SDGs
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Social Business Roundup: SOCAP Aims for the Mainstream, Cambodia Caps Microcredit, Quali Health Simplifies Health Care
In announcing its new ownership, SOCAP mentioned the word “mainstream” six times – the popular social business and investing conference is clearly aiming to grow beyond its current niche. In Cambodia, the National Bank capped interest on microcredit to a maximum of 18 percent per year – about half of what some MFIs currently charge. And a visit to India inspired a South African doctor to launch a profitable health care clinic in a local shantytown. These stories and more in our weekly roundup.
- Categories
- Environment, Health Care, Investing
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How Will The Rise Of Crowdfunding Reshape How We Give To Charity?
Last September, a Chicago resident named Joel Cervantes Macias spotted an 89-year-old man named Fendicio hawking Mexican ice pops–they’re called “paletas”–out of a street cart. The man looked too old to be working, but Macias only had so much spare cash (and so much room for dessert). So he posted a picture of Fendicio on the charitable crowdfunding site GoFundMe, asking others to pitch in for a vacation.
- Categories
- Investing
- Region
- North America
- Tags
- crowdfunding, philanthropy