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Due to the financial crisis of 2008, Wall Street and the financial sector are viewed as the bad guys by large parts of the country, especially those occupying the lower classes of life. To go into finance is seen as selling out. Yet the financial sector plays an important role in allocating funds to their most efficient uses as well.
Enter the idea of the philanthrocapitalist. By coupling the raw horsepower of capitalist strategies with social benefaction, innovators can enrich both themselves and society, instead of at society's expense. The Nature Conservancy is a prime example of this paradigm, using flood insurance programs to finance conservation efforts. The lesson here is clear: Solving the world's most difficult problems may depend on the collaboration of the best and the brightest of both the public and the private sectors.
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Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
If you're an artist trying to break into the music business, there's a good chance you've never heard of entertainment law. But if you're a law student at Mercer University in Georgia, you may...more
Boston University has a new professorship, and it's looking for its first class of honorees. The school's College of Arts and Sciences is looking for professors who have "demonstrated a sustained...more
The University of Texas at San Antonio has named its faculty and staff members of the year for their "exceptional teaching and innovative research to exemplary team spirit and impactful community...more
California Gov. Gavin Newsom has filled a number of key posts in his first 100 days, including the head of the state's Department of Resources, Recycling, and Recovery. Zoe Heller, who has...more
Linga TheBoss is a rapper, writer, and speaker from Nashville, Tenn., but she's also the inspiration behind a viral video that's gone viral on YouTube. In the video, the self-described "woman of...more
The University of Colorado at Boulder is in the news this week for an unusual reason: It's hosting a two-day "staff summit" next week that's open to all staff members, reports the Daily...more
"Any conversation centered around Hip-Hop, most notably the southern region's impact on the genre, is null and void without mentioning Bun B," Vibe quotes the rapper as saying in a recent...more
When Christina Reimche walks across the stage at Arizona State University's May 2024 convocation ceremony, she'll have more than just a degree to her name. She'll also have received a prestigious...more
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food,...more
Foundation: Lancaster County Community Foundation
In 2024, Lancaster County, Pa., will celebrate the 100th anniversary of a group of "visionaries" who "came together to shape a better future for Lancaster County," says Sam Bressi, president and CEO...more
Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.
