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Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets
Education Catalyst Fund, which is managed by global philanthropic organization Michael and Susan Dell Foundation-backed CBA Capital, has made two more investments in the education space.
- Categories
- Investing, Technology
- Region
- South Asia
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Press release: Acumen America Makes Its First Financial Inclusion Investment Under New Partnership With Metlife Foundation
Acumen, the nonprofit global venture fund, today announced its first financial inclusion investment under its Acumen America portfolio. Launched in 2016, Acumen America invests in social enterprises addressing the problems of poverty in the United States with a focus on the sectors of health care, workforce development and financial inclusion.
- Region
- North America
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The/Nudge receives $250,000 grant from Rockefeller Foundation
The/Nudge Foundation, a Nandan Nilekani- backed non-profit focussed on sustainable poverty alleviation, has received a $250,000 grant from The Rockefeller Foundation, one of the largest and oldest names in global development philanthropy. The firm will use the grant to build organisational capacity, and expand its reach outside of Karnataka.
- Categories
- Uncategorized
- Region
- South Asia
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Alibaba launches US$1.5 billion fund to help fight poverty in China
At a conference attended by the company’s 36 partners at its headquarters in Hangzhou, executive chairman Jack Ma announced it would set up the Alibaba Poverty Relief Fund, with the money to be donated over the next five years.
- Categories
- Investing
- Region
- Asia Pacific
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Press release: Dana K. Bezerra Named President of Heron Foundation
Bezerra offers a breadth of experience that spans the philanthropic and for-profit sectors. She joined Heron in 2006 and has been responsible for deal-sourcing, identifying and developing relationships across a spectrum of investors, syndicating capital when possible, and cultivating opportunities to deploy the full range of Heron’s “toolbox” (including grants, program related investments, and market-rate mission related investments).
- Categories
- Investing
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Philanthropy is Changing Fast: 12 Lessons from Three Reports
A slew of reports over the last two years from the more progressive spheres of the social good sector shows that philanthropy cannot continue with “business as usual” if we hope to actually achieve the global SDGs. Mark Horoszowski and Petra Barbu of MovingWorlds pull some nuggets of wisdom from several recent reports, all pointing toward new rules the changemakers of the future are, or soon will be, following.
- Categories
- Social Enterprise
- Tags
- philanthropy
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Gates Foundation, Abu Dhabi Pair to Fight Forgotten Diseases
The $100 million fund will seek to eliminate river blindness, or onchocerciasis, and lymphatic filariasis, which leads to a condition known as elephantiasis, from countries where they circulate in Africa and the Middle East. The Crown Prince will donate $20 million and the Gates Foundation 20% of the total amount raised to the new "Reaching the Last Mile Fund," with a plan to raise the remaining $60 million from others in the region and beyond.
- Categories
- Health Care
- Region
- North Africa & Near East
- Tags
- philanthropy
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New $500 Million Co-Impact Fund Leverages Collaborative Philanthropy for Systems Change
Jeff Skoll joins Richard Chandler, Bill and Melinda Gates, Dr. Romesh and Kathy Wadhwani, and The Rockefeller Foundation in this landmark effort.
- Categories
- Investing
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