A customized collection of news from foundations from around the Web.
"To reach the speed and scale required to heal the earth's systems, we need to unlock not only private capital and government funds, but also the philanthropy sector as a truly catalytic force to achieve the necessary acceleration."
That's why the WEF has launched the Giving to Amplify Earth Action (GAEA), a global initiative to fund and grow new and existing public, private, and philanthropic partnerships to help unlock the $3 trillion needed each year to reach net zero, reverse nature loss, and restore biodiversity by 2050.
"Current funding is slow and inadequate, and a new approach is needed to get capital flowing," Schwab says.
"Philanthropic giving can address this, with unique qualities not found in other financing: it is nimble, more tolerant of risks, and is driven by values and long-term outcomes rather than quarterly returns."
Giving to Amplify Earth Action is supported by more than 45 partners, including the African Climate Foundation, Andre Hoffmann Family Office, the Arab Foundations Forum, Bezos Earth Fund, BMW Foundation, Children's Investment Fund Foundation, the Clean
Read the Entire ArticleSelected Foundation News
Foundation: Community Foundation for Northeast Michigan
The Community Foundation for Northeast Michigan has announced the first round of grants from its recently reactivated Urgent Needs Fund.The funding will help provide essentials like food, warmth,...more
Foundation: Allegany County Area Foundation
The Allegany County Area Foundation has approved more $15,000 in grants to support several organizations and programs.The following organizations received grants: Salvation Army, Powerhouse Youth...more
The Harrison County Community Foundation is a permanent, charitable resource that supports a wide variety of local causes and organizations.The HCCF supports all kinds of civic and charitable...more
Foundation: Oregon Community Foundation
A $10,000 grant has been awarded to the Douglas Education Service District.Douglas ESD will use the grant to purchase iPads and clinical assessment software.The organization says the tools will allow...more
Foundation: Ashland County Community Foundation
Inaugural 'Our Community Salutes' event honors students signing up for military service.Parker talked to a recruiter and learned about the chance to be a nuclear engineer in the Navy.Report for...more
Campbell River's inaugural Spring CommuniTEA Party has sold out just one week after tickets went on sale.Set for May 4 at Stonehouse Teas, a fundraiser will benefit the Campbell River Community...more
Foundation: Community Foundation for South Central New York
Foundation to launch second hygiene fund drive.Community Foundation for South Central New York will launch its second annual Hygiene Fund Drive beginning Tuesday, April 15.The project began last...more
Foundation: Kern Community Foundation
The Westside Recreation and Park District's Expanded Learning Opportunities Program (ELOP) is a key part of summer enrichment for students in Taft.ELOP is bringing new STEM, art, and entrepreneurship...more
Drew Turner is in his first year on the Youth Philanthropy Council (YPC) YPC empowers high school students from all four local school corporations to be changemakers in their communities.YPC members...more
Foundation: Key Biscayne Community Foundation
Key Biscayne Community Programs announces open call to local visionaries.Key Biscayners are invited to submit event concepts for funding.The Village is accepting "Letters of Interest" for its...more
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.