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Tata Trusts’ FISE to raise $30 mn to fund social startups
The fund claims to be the country’s first-ever technology-focused fund investing in high-impact social enterprises. Called Social Alpha Fund-1, it is the third tier of the Social Alpha stack being built with Tata Trusts and the Foundation for Innovation and Social Entrepreneurship (FISE), said Manoj Kumar, co-founder and chief executive of FISE.
- Categories
- Investing
- Region
- South Asia
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Philanthropy King: Bill Gates Gives Away $4.6 Billion, Unveils New Campaign To Combat Malaria
Gates gave away $4.6 billion in Microsoft shares in June to his personal charity, the Bill & Melinda Gates Foundation, according to a filing published Monday by the Securities and Exchange Commission.
- Categories
- Health Care
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Q&A: Founder of China’s first foundation talks future of philanthropy
China is home to the second largest percentage of the world’s billionaires, but philanthropy there remains a relatively new, emerging trend.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- philanthropy
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Public Favors Nonprofit over For-profit Social Enterprise
Three consumer psychologists recently performed a series of studies looking at consumers’ reactions to for-profit social ventures in contrast to nonprofits. They try hard to make a case for the proliferation of for-profit social enterprise, but it is pretty clear that the public is still skeptical.
- Categories
- Uncategorized
- Region
- North America
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U.S. Impact Investing Alliance Launches to Scale the Practice of Impact Investing
The Alliance was founded last year by representatives from philanthropy, business and finance to champion the potential of impact investing by increasing awareness of impact investing in the U.S., fostering deployment of and demand for impact capital across asset classes globally, and by partnering with policymakers and other stakeholders to build the impact investing ecosystem.
- Categories
- Impact Assessment, Investing
- Region
- North America
- Tags
- ESG, impact investing, philanthropy
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Opinion: The ethical argument against philanthropy
By offering philanthropists nothing but gratitude, we allow a huge amount of power to go unchecked.
- Categories
- Uncategorized
- Tags
- nonprofits, philanthropy
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F.B. Heron Foundation President Clara Miller to Step Down
Miller, who has served as director and president of Heron since 2010, will assume the role of president emerita and will continue to write, speak, and undertake research aimed at advancing the foundation's mission.
- Categories
- Investing
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Is Higher Ed the Next Big Frontier for Impact Investing? Some Funders Think So
Impact investing, with its promise of both financial returns and measurable social benefits, is one of the hottest trends in philanthropy. But as more legacy foundations look to harness the "other 95 percent" of their capital to their mission, and as newer business-minded donors flood into the field, plenty of questions remain about where and how impact investing is likely to be most useful or effective.
- Region
- North America
- Tags
- philanthropy
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