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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
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From Beneficiary to Customer: 40K Transitions from School-building Charity to Edtech Social Enterprise
It took five years for 40K to build its first school in India. Over that time, the organization learned a lot about the key barriers that were preventing quality education from proliferating in rural areas. Over the next two years, 40K transformed from a school-building charity to an edtech social enterprise. Clary Castrission, founder and CEO, explains why, and how the transition is progressing.
- Categories
- Education, Social Enterprise, Technology
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Does Social Activism Divert Funds From Investments To Philanthropies?
Throughout the last three months, as activists resisted policy changes on immigration, trade and the environment, donations to the American Civil Liberties Union, the Sierra Club and other nonprofits reportedly spiked. But the trend wasn't entirely unexpected.
- Categories
- Impact Assessment, Investing
- Region
- North America
- Tags
- philanthropy
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Australia initiative aims to help non-profits prepare for impact investment
The Impact Investment Ready initiative, launched Tuesday by Impact Investing Australia and Philanthropy Australia, will support not for profits with Discovery Grants, as well as for-purpose organisations with Growth Grants. Philanthropy Australia’s Chris Wootton, who manages the Discovery Grant arm of the program, said impact investment was a significant opportunity for not-for-profit organisations to secure funding.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing, philanthropy
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