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Could Embracing Innovation Accelerate Progress in Philanthropy?
Foundation: Gates Foundation, Rockefeller Foundation, Winthrop Rockefeller Foundation
Despite $60 billion dollars going toward philanthropic causes each year, no philanthropist can identify a problem they have actually solved. While hungry people may be fed, and homeless people may be given a place to live, the problems of hunger and homelessness still exist. The same cannot be said, however, in other endeavors which involve large sums of money. Of such example is the tech industry.
In the tech industry, problems are identified, researched, developed, and eventually solved. Take the iPhone, for example. Philanthropic efforts do not end problems, and thus the money might be better spent elsewhere. This is not to say philanthropy is a bad thing, but we may want to consider where these billions of dollars in grants handed out each year are actually going.
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Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider. That would be British telecom company...more
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Foundation: GlobalGiving
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"All investments are impact investments," says Adam Spence, CEO of SVX, a non-profit financial services firm that has just launched Canada's first index designed to measure the impact of investments...more
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Foundation: Silicon Valley Community Foundation, California Endowment
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Foundation: California Community Foundation, California Endowment
Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more
Social Entrepreneurship
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Reviving Ancient Indian Art Forms – Empowering Artisans Towards Entrepreneurship
Rivaayat is an initiative by Shri Ram College of Commerce, Delhi to revive various dying art form and solve innumerable problems faced by the artisans. Rivaayat began with reviving a 20,000-year-old art form of pottery that is a means of survival for 600 families residing in Uttam Nagar, Delhi.
