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A course run by Harvard and the University of Zurich, in collaboration with the World Economic Forum, called "Impact Investing for the Next Generation," aims to equip rich young millennials with the skills to make more impact investments that are designed to benefit society as well as turn a profit.
The push comes amid rising pressure on the world's wealthiest citizens to give more back.
They are also taught soft skills, especially how to deal with family politics to convince people to support their ideas, and find peers as well as consultants to help support programs.
Participants had to pass an interview before paying up to $12,000 for a week of classes in the U.S. and Switzerland, not including airfares and board. A more intensive related course costs $58,000.
Graduates are encouraged to evaluate assets in the family business that could be used to deliver assistance to benefit those in need. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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A hospital in San Diego is using artificial intelligence to help doctors more quickly identify patients at risk of sepsis, the San Diego Union-Tribune reports. Dr. Christopher Longhurst,...more
The Old Medical School in Leeds, England, was once one of the country's first provincial medical schools. Now, it's being turned into a "hub for health-tech innovation," per a press release from...more
The Great Lakes region is home to one-fifth of the world's fresh water, but that could soon change. The National Science Foundation has announced a $160 million, 10-year investment in a coalition...more
Foundation: MacArthur Foundation
This year's MacArthur Foundation 100&Change grant competition has a new requirement: applicants must include diversity, equity, and inclusion in their proposals, the Chicago Tribune...more
Foundation: MacArthur Foundation
This year's MacArthur Foundation 100&Change grant competition has a new requirement: applicants must include diversity, equity, and inclusion in their proposals, the Chicago Tribune...more
"Experiential learning is the best way to get at the nuance and complexity of fields like philanthropy or business," Brian Goebel, managing director of Emory University's Business & Society...more
When Balazs Bognar moved to Tokyo from Urbana, Ill., at age 17, he had no idea he'd end up living there for the rest of his life. "He would take me and my mom and my brothers to cities around the...more
Alber Elbaz's fashion brand, AZ Factory, is shutting down, but not in a bad way. Instead, it's launching a new educational program called AZ Academy: Business for Designers, reports Women's Wear...more
Foundation: Central Valley Community Foundation
California's Central Valley is home to 25% of the US' fruits and nuts, and the state's agriculture-heavy San Joaquin Valley alone accounts for 19% of revenue and 14% of gross domestic product, per a...more
Social Entrepreneurship
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Global Companies Appeal for Needed Market Changes in Renewable Energy
Global companies like General Motors, Wal-Mart, Bloomberg, Facebook, Hewlett-Packard, Intel, Johnson & Johnson, Mars, Novelis, Sprint, Proctor and Gamble and REI are calling out for necessary market changes to make it easier to buy and access more renewable energy.
