A customized collection of news from foundations from around the Web.
Arabella is a for-profit consultancy whose nonprofit nexus raked in $1.6 billion in 2021 alone, and a stunning $6.5 billion since 2006.
Donors choose the Arabella network for two purposes: to quietly pass grants along to political groups or to fund "pop-up" groups, activist fronts run by Arabella's in-house nonprofits.
In 2021 alone, George Soros' Foundation to Promote Open Society pumped $36 million into the New Venture Fund, the Arabella network's flagship nonprofit.
Soros' grants were tagged almost exclusively for pop-up groups, such as the AAPI Civic Engagement Fund, which targets Asian Americans and Pacific Islanders for get-out-the-vote campaigns, and Illuminative, which does the same for Native Americans.
The Bill and Melinda Gates Foundation might be the single largest donor to the Arabella network over the past decade, committing at least $490 million between 2008 and 2022.
Little is known
Read the Entire ArticleSelected Foundation News
The People's Bank of China says it will start allowing people in China to use the country's new digital currency, the Digital Yuan, to buy goods and services starting next month, the BBC...more
When it comes to corporate social responsibility, India's government and public sector companies are at the top of the list.
But when it comes to companies of all sizes, they're at the bottom,...more
The world's biggest state investors are getting into the business of making positive social and environmental impact investments.
Singapore's Temasek Holdings, one of the world's largest state...more
"Our long-term vision is to see every dollar invested globally as a net positive for people and planet."
So says Niklas Adalberth, the founder of Norrsken Foundation, which operates Norrsken VC,...more
When it comes to giving back to the communities in which they operate, India's companies are in a race against time to up their game.
A new survey from Deloitte finds that just 28% of companies...more
Indian companies are spending more and more on philanthropic efforts.
A survey of 185 companies by accounting and consulting firm Deloitte found that 25% of them spend more than $100 million a...more
Indian companies are spending more and more time thinking about how to make a positive impact on the world around them, the Economic Times reports.
According to a survey of 185 companies by...more
During the Covid-19 virus, many businesses took a hard look at how they do business and realized they needed to do more to attract and retain top talent, Forbes reports.
According to a report...more
"We've noticed that there are a wide variety of investment opportunities that can truly be transformative for women's and children's health and have confirmed, time and time again, that without...more
Italian crowdfunding site Ener2Crowd has just launched a new service called FidoGreen, which it says is the first "sustainable finance platform for sustainable investments," Quartz...more
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.