Social enterprise and social entrepreneurship (SEE)—a business-inspired approach to solving social problems—has exploded across the United States and the world in the last decade.
“There is an underappreciated paradox of knowledge that plays a pivotal role in our advanced hyper-connected liberal democracies: the greater the amount of information that circulates, the more we rely on so-called reputational devices to evaluate it,” begins an interesting March article in the online Aeon magazine by Gloria Origgi, Italian philosopher and author of last year’s Reputation: What It Is and Why It Matters.
In a recent post reporting on Timothy and Thomas Pearson rescinding their $100 million donation to the University of Chicago, I wondered if the news foreshadowed a future in which a new breed of more hands-on mega-donors revokes gifts with greater frequency due to dissatisfaction with the recipient organization.
Coincidentally enough, the same day the Pearson post hit, the Sanford Burnham Prebys (SBP) Medical Discovery Institute in La Jolla, California announced that an anonymous donor canceled $75 million from a record $275 million gift to the institute in 2015.
The interview focuses on TWI’s reporting practices, which are informed by and aligned with their philosophy of trust-based grantmaking, the idea that philanthropy can be more effective when funders approach their grantee relationships from a place of trust, rather than suspicion. You can read more about this idea and its nine pillars on TWI’s website
Philanthropy’s role in the Arab region is shifting from a more traditional religious and charitable paradigm to one of secular development.
The ongoing outcry about sexual misconduct in charities and international organisations is breathing much needed fresh air into the global aid community. However, there’s little indication that this particular scandal will have a meaningful impact on how foreign aid supports development and social change.
In rural El Salvador, a family living on $1.90 a day might live in a makeshift house with dirt floors, thin walls, and no running water. But next year, dozens of those families will move into one of the world’s first communities of 3D-printed homes.
DURBAN – Donors have raised more than R300, 000 for South African athlete, Mhlengi Gwala who is recovering in hospital after he was attacked by a group of men while cycling on Tuesday morning.
The attackers reportedly dragged the 26-year-old triathlete and tried to hack off his legs with a chainsaw even after he offered his belongings.
It ended as it began – quietly, low key, with no fanfare. The Dublin office of Atlantic Philanthropies closed this week as billionaire Chuck Feeney, who gave away his €7 billion fortune through it, would have wanted.
There was even a snowfall outside Atlantic’s offices in Dublin city centre on Wednesday evening, landing more and more heavily as the evening wore on as if to cover Atlantic’s departing tracks.
About two years ago, the Robert Sterling Clark Foundation had a chance to rethink both what we do and how we do it. We adjusted our giving programs—painfully letting go of important issues and organizations with the belief that we could do more for New York City with a more focused giving strategy.
The foundation was interested in finding a way to contribute and make an impact in a city as large as New York, and we decided to leverage our resources by investing in city leaders, the organizations that develop them, and the networks of which they are part. Our board of directors took on the challenge of funding leadership development programs for civic leaders in NYC.