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DRK Foundation raises $65 million to fund 100 new social innovation companies
A major Bay Area venture philanthropy foundation is committing $65 million to jumpstart 100 new socially-minded entrepreneurs with big ideas to solve some of the world’s most pressing problems.
- Categories
- Impact Assessment
- Region
- North America
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Mark Zuckerberg’s foundation is investing millions in a company that trains coders in Africa
Andela, the Lagos-based company that trains and deploys software developers, is closing a $24 million Series B round—with the Chan Zuckerberg Initiative (CZI), founded by Zuckerberg and his wife Priscilla Chan, leading the round.'
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: The Impact of a Clinton Presidency on Philanthropy Could Be Huge
As we've noted before, if Clinton wins the White House, she'll enter office with more understanding of philanthropy and nonprofits than any president in history. But of equal or greater significance may be the new attention her presidency could bring to gender equity within philanthropy, making it a priority like never before.
- Categories
- Impact Assessment
- Region
- North America
- Tags
- philanthropy
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Survey: Big U.S. Donors Losing Faith In Charity To Solve Problems
Seven out of 10 high-net-worth (HNW) Americans have more confidence in the private sector to solve social and environmental problems than the public or nonprofit sector.
- Categories
- Investing
- Region
- North America
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New MacArthur Competition to Award $100 Million to Help Solve a Critical Problem of Our Time
A new competition launched today will award a $100 million grant to a single proposal designed to help solve a critical problem affecting people, places, or the planet.
- Categories
- Uncategorized
- Tags
- philanthropy
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Opportunity International’s Evolving Microfinance Strategy: A Podcast Q&A with CEO Vicki Escarra
Opportunity International, a pioneer in the microfinance space, operates 39 microfinance institutions in Africa, Eastern Europe, Central and East Asia and Latin America. But recently, the organization has been undergoing a strategic shift, announcing the sale of several MFIs in sub-Saharan Africa. We spoke with Opportunity's CEO, Vicki Escarra, about these moves – and many other topics – in this Q&A, NextBillion's second podcast.
- Categories
- Technology
- Tags
- microfinance, philanthropy
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John Edwardson Gives $5 Million to Enhance Chicago Booth’s Social Entrepreneurship Program
University of Chicago Trustee and Chicago Booth alumnus John Edwardson has given an additional $5 million gift to his alma mater to support and expand its program for social entrepreneurs, which is part of Chicago Booth’s Social Enterprise Initiative. The newly established program will be called the Edwardson Social Entrepreneurship Program.
- Categories
- Uncategorized
- Tags
- philanthropy
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Are Impact Investing and Women’s Leadership Connected?
As a follower of philanthropy, I am intrigued by leaders who seem to have a fundamentally unique vision. I am also intrigued by the idea that women's perspectives on leadership could be pivotal in tackling big problems in new ways.
- Categories
- Investing