The Era of Philanthrocapitalism

credit:

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.
Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Real-World Experiences Can Help Your Creative Arts Students Create Real-World Change

"When I met with Gibson and a fellow trustee, Ronnie Greenwood, we quickly established a working relationship to consider how music students at [the University of the West of Scotland's] Ayr Campus...more

Sculpturecenter'S Annual Gala Celebrates Creative Community

"People often ask me why I chose wood. The answer is, that was the material that was available to me," said Thaddeus Mosley at SculptureCenter's annual gala in New York City last night. The...more

Putting the Empathy in Innovation: Grants Recipients Build Student Confidence, Connection ...

"When your peers are staring at you, waiting for instruction, it makes it hard to want to experiment, or create the sense of dynamism or play that brings music to life." So says James Spinazzola,...more

Santa Rosa High School'S Artquest Marks Anniversary, Hosts Arts Showcase

For 30 years, students in Santa Rosa, Calif., have had the option of studying either the visual or performing arts, the Press Democrat reports. Now they've got a chance to see their work up close...more

Two California Schools Tapped for National Arts Education Grants

The American Theatre Wing, the force behind the Tony Awards, is putting its money where its mouth is. The group has awarded more than 250 students in 34 states with grants to help them continue...more

M3F Music Festival Funds Art Programs, Other Nonprofits in Arizona

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

Find Your Voice

The Beatles' "All You Need Is Love" may be the most well-known song in the history of rock 'n' roll, but for a group of teens in San Francisco, it's more than a song. For the past 14 weeks, 10...more

Repsol: Environmentalists Denounce It for Greenwashing

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

Supporting Entrepreneurs

"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

Heisman Trophy Fund Awards $1.2 Million to Nyc and Long Island Nonprofits
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