Lessons from Facebook’s $1B Housing Crisis Investment


Foundation: Nike

credit:

Facebook is one of the most recent examples of big tech making investment to ease California's housing crisis, which has led to a homelessness epidemic in recent years.

Facebook has pledged $1 billion and other tech giants such as Microsoft and Google have also committed to the cause.

Supporters say that tech giants like Facebook have a social responsibility to their community, their country, and their world. Because of their influence, Facebook, Microsoft, Google, and others have an opportunity to do good, and they should take every opportunity to be true leaders.

Nike, Patagonia, Dick's Sporting Goods are all examples of other corporations that have taken a stand to help solve societal issues.

Facebook's investment could positively impact the company in years to come. The article recommends that the best solution is for big tech and the government to work in tandem to achieve the larger societal solution. 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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Foundation: Community Foundation for Greater Atlanta

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Program Provides Emergency Grants to Santa Barbara Businesses
Foundation: Santa Barbara Foundation

A partnership of the Santa Barbara Foundation and the Santa Barbara County provides emergency business grants. The funds, which are available through the U.S. Department of Housing and Urban...more

The Omaha Community Foundation Launches Impact Investing Fund
Foundation: Omaha Community Foundation

The Omaha Community Foundation has launched the Community Loan Fund with the aim of accelerating positive social outcomes within our community through impact investing. The Community Loan Fund...more

Report for America to Support More Than 300 New Reporter Positions for 2021

Report for America announced the selection of 64 new local news organizations as host newsroom partners, enabling the national service program to place more than 300 journalists in the field next...more

Adapting Old Buildings to Climate Change Requires New Financial Tools

The startup BlocPower uses software to identify buildings that are prime candidates to receive more efficient energy systems. That might mean installing an electric heat pump or a microgrid to...more

A Transformative Gift to Drive Racial & Economic Justice

Philanthropist MacKenzie Scott is donating an extraordinary $40 million unrestricted grant to LISC. It is the largest gift from an individual in LISC’s 40-year history—one that not only speaks...more

Call for Nominations: Invest in California’s Future
Foundation: James Irvine Foundation, Irvine Foundation

The James Irvine Foundation announces its open nominations for the 2021 Leadership Awards. The Awards recognize exceptional leadership, characterized by significance, innovation, effectiveness,...more

Understanding the Role Social Entrepreneurship Plays in Building a Strong Economy

Agnelorajesh Athaide, a serial and social entrepreneur, cofounder and chief mentor of The Business opportunities club (BOC), tackles new-age entrepreneurs who are seeking to bring about change...more

Laurene Powell Jobs's Charitable Group to Give Away Almost All of its Money

Laurene Powell Jobs, the widow of Apple founder Steve Jobs, plans to direct charitable empire Emerson Collective to give away her $28 billion in assets during her lifetime or shortly after her...more

How to Write a Theory of Change

Bridgespan tackles how a theory of change is a nonprofit's conceptual road map to impact. Bridgespan features how to write one that will help nonprofit leaders achieve their goals. According to...more





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Mulago Foundation’s Associate Portfolio Director, Kristin Gilliss, writes how the Skoll World Forum is featuring a variety of delegates and speakers working on innovative solutions to societal challenges worldwide.




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