Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up


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The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people.

Here's what you need to know: The richest 1% of people on the planet have seen their wealth increase by an average of $2.7 billion per day since 2020.

That's the first time in 25 years that extreme wealth and extreme poverty have increased at the same time, according to Oxfam's "Survival of the Richest" report.

"While ordinary people are making daily sacrifices on essentials like food, the super-rich have outdone even their wildest dreams," says Gabriela Bucher, executive director of Oxfam International, per the Guardian.

Oxfam is calling for a wealth tax on the world's richest, arguing that such a tax could raise $1.7 billion a year, enough to lift 2 billion people out of poverty.

Giving to Amplify Earth Action: The WEF on Tuesday launched Giving to Amplify Earth Action, an initiative to increase philanthropic funding to tackle climate change and biodiversity loss, per the Guardian.

The group estimates that $3 trillion is needed to address climate change and biodiversity issues, and CEO Per Heggenes of the Ikea Foundation says it's "unacceptable" that just 2% of... 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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$100 Million for Equity: Macarthur Foundation'S New Big Bet and Mandate
Foundation: MacArthur Foundation

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$100 Million for Equity: Macarthur Foundation'S New Big Bet and Mandate
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

Philanthropy Lab Awards $90K to 13 Atlanta Nonprofits

"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

Name Dropping

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

Exclusive: Az Factory Is Morphing Into the Az Academy

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

Fostering Inclusive and Sustainable Agricultural Innovation in California'S Central Valley
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





The Bill & Melinda Gates Foundation has pledged $50 million to support emergency efforts to contain the threat caused by Ebola in West Africa.



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