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credit: China.org

When it comes to helping the world's poorest people, there's no "silver bullet"but there are plenty of ways to invest in their future, the New York Times reports.

The world's richest people are putting their money where their mouth is.

According to the World Bank, the world's richest individuals and families have donated more than $1 trillion to groups that help the world's poorest people, but there's no "silver bullet" that will solve the world's problems, the Times notes.

"There is no'silver bullet' that will solve the world's problems," the head of the World Bank's philanthropic department tells the Times.

"There are a lot of different approaches to solving the world's problems."

One of those approaches is "impact investing," which involves putting money toward causes that have a positive impact on the world's people, the Times notes.

The world's richest people are putting their money where their mouth is, the Times reports.

According to the World Bank, the world's richest individuals and families have donated more than $1 trillion to groups that help the world's poorest people, but there's no "silver bullet" that will solve the world's problems. 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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Topeka Community Foundation to Hold Groundbreaking for 25 Affordable Housing Units in ...
Foundation: Topeka Community Foundation

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Social Impact Groups Bolster Leadership

One of Australia's most high-profile business leaders is leaving his post at the Australian Securities Exchange to lead the country's largest anti-slavery organization. David Braga, who has...more

Harvard Business School'S New Venture Competition Awards $225K in Cash Prizes

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Glacier Bank, Federal Home Loan Bank Award $190K to Montana Nonprofits
Foundation: Whitefish Community Foundation

"Through our collective efforts, we're not just providing financial support, but we're investing in Montana's vitality and resilience." That from Mike Smith, president of Glacier Bank, which...more

Penticton Prospera Branch Donates $5K to Local Breakfast Program for Kids

"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more

Hornady Manufacturing Presents Significant Donation to Ccc

Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more






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