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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.
The Canada Cultural Spaces Fund of the Department of Canadian Heritage is awarding a $5 Million grant to assist in creating the Cape Breton Centre for Arts, Culture and Innovation, to be located in...more
Foundation: Gates Foundation
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...more
Foundation: Ford Foundation
Ford Foundation has bestowed seven million dollars to Native American communities and organizations. The grant money is split between several groups, but there is a common cause. The belief behind...more
Foundation: Akron Community Foundation
The Akron Community Foundation has awarded a $2.8 Million grant to arts organizations in Summit County. $509,000 of that money will be used for dance programs for the county. It will also fund...more
Foundation: Barr Foundation, Boston Foundation
This article goes into great detail on the goals and plans that Boston is taking to increase the practice and presence of art in the city. It first discusses the reason behind the project. Mayor...more
The Arts Alive Foundation, sponsored by PNC Bank, has selected seven worthy organizations to receive grants totaling $250,000. An endeavor that has been carried out for the last seven years, the Arts...more
Due to a national award program, amounting over 82 million dollars, there is a federal agency offering nearly a million dollars to thirty three Philadelphia organizations that focus on arts and...more
The Regional Arts Development Fund is provided to offer grants to musicians to help with the cost of recording sessions for musicians. This fund offers grants up to 10,000 and can be a very...more
Foundation: Ford Foundation, Rockefeller Foundation
United States Artists has received almost $20 million in recent contributions. The money comes from philanthropic groups, especially the Ford Foundation, and private donors. United States Artist will...more
Christopher Johnson, through an $18,500 grant through the Grammy Foundation will be conducting a study on the effects of music in the K-12 educational environment. Due to costs of music program...more
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