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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.
For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more
Repsol, Spain's largest oil and gas company, is under fire from environmental groups for "greenwashing" its fuelsmeaning using palm oil instead of natural gasand is now facing a lawsuit from another...more
"We should not turn our back on any of the things that lifts us all up on any of the things that lifts us all up on their local community," says Mark Madrid, an associate administrator for the...more
Foundation: New York Community Trust
Nearly 5,000 kids in the New York area will get a boost in their academic and sports lives thanks to the Heisman Trophy Fund for Youth Development. The fund, a partnership between the Heisman...more
Foundation: Community Foundation of Broward
Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more
Badari Ambatti and his wife, Roopa Hhaprakash, moved from Bengaluru, India, to Garden City Park in New York about 10 years ago, and since then, they've made a home for themselves and their daughter,...more
"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more
Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more
It's not every day that a group of senior citizens wins a big prize, but that's exactly what happened to seniors in Kingsford, ND, last week. The Dickinson Area Community Foundation's Golden K...more
"Don't be afraid to be magnificent." That's the advice of the late Bruce Montgomery, who founded the Bruce Montgomery Foundation for the Arts in Philadelphia more than 50 years ago. Now, an...more
Art News from...
Community Foundation of Broward
Bloomberg Philanthropies
Central Valley Community Foundation
Rhode Island Foundation
Porter County Community Foundation
Community Foundation of Jackson Hole
Changemakers
California Community Foundation
San Diego Foundation
Gates Foundation
Hewlett Foundation
United Nations Foundation
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
