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The world's richest people are putting their money where their mouth is.
The world's richest people, in fact, are putting their money where their mouth is.
Bill and Melinda Gates have announced the creation of the Giving Pledge, which will see the Gateses donate $100 million over the next five years to groups that make a positive difference in the world, Bloomberg reports.
"We just want our money to do something meaningful," Melinda Gates tells Bloomberg.
"They want to achieve impact not just philanthropy but also with their portfolio, and they're willing to consider farming spectrum of risk returns."
The Giving Pledge was inspired by the couple's concerns about "greenwashing" farmers and the lack of transparency in environmental, social, and governance (ESG) data, Bloomberg notes.
The couple has also created the Giving Initiative, which will invest in companies that make a positive difference in the world through social, economic, or environmental causes, according to a press release.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Wendy Freedman, the John and Marion Sullivan University Professor in Astronomy and Astrophysics and the College, received the National Medal of Science.She also led the initiative to build the Giant...more
Press Release: The Community Foundation of Singapore Ushers in a New Era of Philanthropy.Community Foundation Of Singapore marks a new chapter with the launch of a refreshed brand identity, a renewed...more
The Community Foundation of Singapore (CFS) has appointed Mr Paul Tan as Chief Executive Officer, effective 1 April 2025.Outgoing CEO Ms Catherine Loh steps down after 13 years of dedicated...more
Employees can organize giving campaigns or drives, such as collecting diapers, nonperishable food, or personal hygiene products.Employers can also set up a payroll system allowing employees to have...more
Debra Vasilopoulos was surprised with the 2025 Town of Palm Beach United Way Distinguished Citizen Award.The award is the highest honor given by the organization and recognizes individuals who embody...more
The Project Fibonacci Foundation is a dynamic organization dedicated to transforming education and opening doors to innovative opportunities for young minds.By investing in inspiring speakers,...more
Reina Shukl pioneers advanced wellness solutions such as cryotherapy and infrared therapy to enhance recovery, performance, and overall well-being.Shivangi Desai is a leading health and nutrition...more
Foundation: Community Foundation for Southeast Michigan
BridgeDetroit is powered by generous grant support from the Knight, Ford, Skillman, Kresge, Wilson, McGregor, and Hudson-Webber foundations.BridgeDetroit is also supported by the Community Foundation...more
Foundation: North Valley Community Foundation
The Rebuild Paradise Foundation gravel grant program comes after the 2018 Camp Fires that devastated the Butte County community.The grant comes from the Camp Fire Fund and the Donna Muriell Memorial...more
The Fort Myers Beach Community Foundation's biggest night of the year will be this April 12.The fundraiser will feature auctions for some hot-ticket items, including trips to Las Vegas, Nashville,...more
Philanthropy News from...
Community Foundation for Southeast Michigan
North Valley Community Foundation
National Philanthropic Trust
Schwab Charitable
Community Foundation of Grundy County
Broomfield Community Foundation
Tulsa Community Foundation
Parasol Tahoe Community Foundation
Community Foundation of Northwest Mississippi
Hewlett Foundation
Social Entrepreneurship
Spotlight
5 P’s of Social Entrepreneurship
Monika Mitchell, founder of Good Business New York, asks, Do You Have What it Takes to Be a Social Entrepreneur? She lists down the five P’s essential in every entrepreneur: Passion. Purpose. Plan. Partner. Profit.
