The Power of Trust-Based Philanthropy | Community Foundations

The Power of Trust-Based Philanthropy


Foundation: Gates Foundation

credit:

The MacKenzie Scott Foundation has donated more than $14 billion to more than 1,600 organizations around the world over the past 15 years, but the largest donation it has ever made was to India, the New York Times reports.

"It is time for a resounding call to reshape the way we perceive and practice philanthropy in India," the foundation's CEO, MacKenzie Scott, said in a statement.

"While the future of philanthropy in India holds tremendous promise, let us draw philanthropy and inspiration from global philanthropists like MacKenzie Scott, who have disrupted the sector with their fearless approach."

The Times of India notes that India has seen a "remarkable upswing in philanthropy" in the past decade, with private sector funding for social initiatives up from about $1 billion in 2017 to more than $1 million in 2022.

The largest giver on the list is the Bill and Melinda Gates Foundation, which has donated more than $50 billion to date.

The Gates Foundation's giving to date is second only to the Giving Pledge by Facebook's Mark Zuckerberg, which has donated more than $45 billion to date.

(The world's richest people are giving away most of their wealth.)

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Funds Support Sought to Counter Sunderbans Climate-Linked Loss and Damage

The Sunderbans, a UNESCO World Heritage site that's separated from India by the Bay of Bengal, is one of the world's most vulnerable places to climate changeand it's in need of financial...more

City Make Prestigious National List for Innovation

"We are so proud to be a Smart City leader on the world stage through our innovation and forward-thinking mindset," says Trent Sullivan, mayor of the City of Greater Geelong in Australia. The...more

Oregon to Receive $58.2 Million in Federal Funds to Fight the Climate Crisis

Some $58 million is coming to Oregon to help the state deal with the effects of climate change, Sen. Ron Wyden and Sen. Jeff Merkley announced Tuesday. The money is coming from the federal...more

Climate Change: Heat-Tolerant Dairy Cow Research Advances

New Zealand farmers may soon be able to breed cows that don't mind the heat. The country's Livestock Improvement Corporation has discovered that cows with a "slick" genea variation of the gene...more

Chamber Chat: Capitalism €” Unparalleled in Unleashing Economic Potential

"Without these principles, there would be no Tesla, no Google, no Amazon." So writes Val Hale in a Wall Street Journal op-ed that makes the case for free market capitalism. Hale, a former...more

New Music Program at Bgc Kawarthas Helps Youth Find Creative Inspiration from ...

"It's a great resume piece for youth to be involved in something in their community," says the coordinator of music and digital arts at an organization called BGC Kawarthas in Canada. That's...more

Cop28: Afdb Releases Country Reports on Climate Change Finance

A new report from the African Development Bank is urging African countries to increase their use of green finance to fight climate change, the Guardian reports. The report, which the bank says is...more

State Grant Brings Incentives for Qps Teacher Hiring, Retention

With more than 3,500 unfilled teaching positions in Illinois, one school district has come up with a novel way to lure new teachers into its fold. The Quincy School Board on Wednesday night...more

Duke'S Health Innovation Institute Targets Racial Disparities

A group of researchers at Duke University has created an algorithm that it hopes will reduce racial disparities in the diagnosis and treatment of peripheral artery disease, or PAD, the Wall Street...more

13 Innovators Shaping the Future of Health

"In an industry worth more than $800 billion, it's hard to stand out." That's Fortune's take on its annual list of innovators who are making a difference in the lives of people around the...more






Indigital is Australia’s first Indigenous Edu-tech company, specializing technology development and digital skills training in augmented and mixed realities, artificial intelligence, machine learning, internet of things and geospatial technologies.




Social Sector Jobs

  Foundation Related Jobs
  Executive Director Jobs
  Social Services Employment
  Social Work Jobs
  Foundation Related Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2023 Copyright Michael Saunders