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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.
Chris Pan's commencement speech at Ohio State has been called "cringe-worthy" and "the worst Ohio State commencement speech ever"but the social entrepreneur and 1999 Ohio State graduate wants to set...more
"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more
Rumors have been swirling that the Lakeland Cultural Arts Center in Florida is going under, but the organization's president says those rumors are "greatly exaggerated." In a statement released...more
The Mormon Tabernacle Choir, under the direction of music professor Donald Runnicles, will perform at the University of Utah Sunday morning, the Salt Lake Tribune reports. It will be the first...more
"To be able to invest a further ? 1 million in the North East at a time of such economic challenge for many is a privilege for the Foundation trustees, and we're thrilled to see the difference it...more
Foundation: Berkshire Taconic Community Foundation
Ellsworth Kelly, widely considered the father of abstract art, died last week at his home in upstate New York at the age of 92. But his legacy lives on in the form of $1.5 million in grants to...more
"When you reach a young person through music and support them with confidence and life skills, there's no limit to what they can achieve," says Anna Hohenboken, CEO of an Australian...more
A Canadian university is breaking ground on what it says will be the country's largest medical research center. The Advanced Medical Research Center, set to open in 2026 at the University of...more
If you're a medical student in China, there's a good chance you've heard of the National Innovation and Entrepreneurship Training Program for College Students (I&E Program), which aims to promote...more
The city of High Spring, Fla., is spending $347,000 in state grant money to buy a historic theater that was almost torn down in 2022, the Ledger reports. According to WCJB, commissioners voted...more
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Berkshire Taconic Community Foundation
Gates Foundation
Whitefish Community Foundation
Community Foundation of Greater Lafayette
Community Foundation for Southeast Michigan
Kansas Health Foundation
Self Family Foundation
Pew Charitable Trusts
William Penn Foundation
Ball Brothers Foundation
Social Entrepreneurship
Spotlight
3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.
