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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 New Mexico town of El Rito has been named one of America's 10 most livable cities by Time. The honor goes to El Rito for the third year in a row, thanks in large part to the work of its...more
"This research pushed me outside my comfort zone and forced me to interact first-hand with hard truths about what social media is being used for in the modern day," Daisy Rehbock writes in her...more
"I didn't want to acknowledge any life challenges I had along the waywhich left me feeling burnt out from not showing my whole self," says Trish Boes, founder and CEO of UnlimitMe. But now, she...more
The world's largest mangrove forest is on the verge of becoming a ghost forest. Fires are raging in Bangladesh's Sundarbans forest, which is also home to the Royal Bengal Tiger, and firefighters...more
"When I came to Harare from Zaka, I had nobody and knew nobody, but I had to define my career path and carve my own niche, hence the confidence that all these important people here now have in...more
Foundation: Whitefish Community Foundation
"But wait. We're not done yet." That was the message from Lois Davis, CEO of the Whitefish Community Foundation, as it handed out $520,300 in grants to 68 nonprofit organizations in the...more
The Greater Hermiston Community Foundation is accepting applications for its 2024 grant cycle. Local organizations serving Hermiston, Umatilla, Stanfield, Echo, and Irrigon are eligible to...more
Want to invest in companies that are good for the planet but also good for the bottom line? Look no further than Nordis Capital, a Montreal-based investment firm that aims to invest in companies...more
The Italian government has put the kibosh on a plan to build ground-mounted photovoltaic systems on agricultural land, Bloomberg reports. According to a draft of a new agriculture law, "the areas...more
An international nonprofit is looking for a regional director to lead its efforts in Africa, and it's looking for someone with "strong interpersonal leadership skills" and a "growth...more
Social Entrepreneurship
Spotlight
Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
