Could Embracing Innovation Accelerate Progress in Philanthropy?


Foundation: Gates Foundation, Rockefeller Foundation, Winthrop Rockefeller Foundation

credit:

Despite $60 billion dollars going toward philanthropic causes each year, no philanthropist can identify a problem they have actually solved. While hungry people may be fed, and homeless people may be given a place to live, the problems of hunger and homelessness still exist. The same cannot be said, however, in other endeavors which involve large sums of money. Of such example is the tech industry.


In the tech industry, problems are identified, researched, developed, and eventually solved. Take the iPhone, for example. Philanthropic efforts do not end problems, and thus the money might be better spent elsewhere. This is not to say philanthropy is a bad thing, but we may want to consider where these billions of dollars in grants handed out each year are actually going.


Read the Entire Article


Recent Grant News Headlines

Up to the minute current grant news from foundations and the federal government from around the Web.

Giving Away Silicon Valley’s Billions
Foundation: Silicon Valley Community Foundation

Stanford Magazine highlights Nicole Taylor, president and CEO of Silicon Valley Community Foundation (SVCF), who plans to put the 'community' back in 'community foundation.' As SVCF's new...more

How to Write a Theory of Change

Bridgespan tackles how a theory of change is a nonprofit's conceptual road map to impact. Bridgespan features how to write one that will help nonprofit leaders achieve their goals. According to...more

Online Course -Voices of Social Change
Foundation: International Youth Foundation

Coursera announces its Voices of Social Change, a free online short course co-designed and delivered by eight young social entrepreneurs. Voices of Social Change, powered by Laureate...more

Every Adult Can Build Youth Resilience and Help Students Thrive
Foundation: Greater Tacoma Community Foundation

The Greater Tacoma Community Foundation, the Tacoma Whole Child Partnership, and Tacoma Public Schools address how school employees who work in a capacity often referred to as support staff can also...more

A Pioneering Mangrove Conservation Project in Madagascar

Madagascar communities launched the world's largest mangrove carbon conservation project, sequestering a huge amount of carbon and securing an ecosystem vital to fishery health. In partnership...more

Financing for Social Entrepreneurship in Peru

In a study conducted by the Asia Pacific Foundation of Canada, "Financing For Social Entrepreneurship in Peru," finds that social enterprises in Peru have to a large extent relied on their founders,...more