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Titans of Industry Turning to Social Biz : Nine former Indian head honchos who are changing the world of social entrepreneurship
At SocialStory we have scoured the universe of Indian corporate bigwigs who have scaled the heights of their chosen worlds and have now decided to make the switch to the world of philanthropy. We have left out the likes of Azim Premji and Sunil Bharti Mittal because our primary criterion is that they should have switched to the philanthropic role full-time. Read on to find out more about these ex-corporate heroes who have now assumed avatars of social investors and social entrepreneurs.
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Economies of Scale or Diseconomies of Enormity: Should there be more mergers and acquisitions of international development NGOs?
In the for-profit sector, mergers and acquisitions (M&A) are ways to ensure that the most effective organizations survive and achieve greater scale. This improves cost-effectiveness in the overall market and spreads best practices more widely. But with the large numbers of NGOs in international development, why don’t we see more M&A activity in the non-profit sector? In light of the recent Merlin and Save the Children merger, WDI’s Prashant Yadav explores some reasons.
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NexThought Monday: What business can teach philanthropists
My company, Geneva Global, was founded by an international investment group looking for professional philanthropic advice that met investment banking standards. Given our DNA, I believe there are three business traits that would make philanthropists more effective.
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Indian Philanthropy Forum 2013 Focuses on Adolescent Girls, USAID
The 4th annual Indian Philanthropy Forum by Dasra, as usual, brought together philanthropists and investors to discuss trending social issues in India today and brainstorm effective ways of engagement with the social and social enterprise sectors. This year a salient theme emerged through every session: the empowerment of adolescent girls.
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- Social Enterprise
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Save the Children receives $40 million for Saving Newborn Lives program
Save the Children is pleased to announce the Bill & Melinda Gates Foundation's new five-year grant of $40 million to its Saving Newborn Lives program.
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- Health Care
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- philanthropy
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Charitable foundations look towards impact investing
Pierre Omidyar wanted to take the fortune he earned from his company, eBay, and become a philanthropist. So he started a traditional foundation for giving out grants. He called it the Omidyar Family Foundation.
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- Impact Assessment
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In New Brand of Philanthropy, Nonprofits Invest in For-Profits
When the W. K. Kellogg Foundation set aside $100 million in 2007 to invest in companies that could produce both social and financial benefits, it was considered revolutionary. Historically, major foundations had used mainly stocks, bonds, real estate and other traditional asset classes to build their endowments.
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- philanthropy
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Gates Foundation Announces $21 Million in Global Health Grants
The Bill & Melinda Gates Foundation has announced grants totaling more than $21 million to seven projects through its Grand Challenges in Global Health initiative.
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- Health Care
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- philanthropy