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When Bill and Melinda Gates recently announced their philanthropy to the Bill and Melinda Gates Foundation, they didn't just say they'd donate $1 billion to charity over the next three decades.
They said they'd invest that money in so-called "impact investing" projects around the world that would change the world for the better.
The Gateses are among the world's richest families, with a combined wealth of more than $200 billion, and they're not alone in their philanthropic efforts.
A new report from the Giving Pledge finds that more and more wealthy families are investing their money in projects that have a positive impact on the communities in which they live.
One example: The Gateses' philanthropic arm, the Bill and Melinda Gates Foundation, will invest $50 million in three projects in Kenya, Nigeria, and South Africa over the next three years, reports the New York Times.
It's not clear how the money will be spent, but the report says the Gateses plan to work with other philanthropic groups, including the Bill and Melinda Gates Foundation's Global Fund for Good.
The report also notes that more and more family offices are investing in impact investing, though it's not clear whether they're doing so legally, per the Times.
The report
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
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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
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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
Five years ago, Abdelhamid and Alhaidar spoke about launching BitMal.Today, the company has gone from idea to commercialization.They share their startup successes and learnings after...more
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Arizona State University's Lodestar Center for Philanthropy and Nonprofit Innovation conducted a survey.The center received 212 valid responses to its survey of 501(c)(3) organizations headquartered...more
Foundation: Community Foundation of Grundy County
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Foundation: Broomfield Community Foundation
The BRTF won the Heart of Broomfield award in 2022 for their volunteer service in finding housing, household supplies and cultural mentors.100% of the funding went directly to support...more
Philanthropy News from...
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
Gates Foundation
Ford Foundation
Kellogg Foundation
Social Entrepreneurship
Spotlight
Childcare Charitable Group Named Top Social Enterprise
Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”
