A customized collection of news from foundations from around the Web.
Here's what you need to know: The richest 1% of people on the planet have seen their wealth increase by an average of $2.7 billion per day since 2020.
That's the first time in 25 years that extreme wealth and extreme poverty have increased at the same time, according to Oxfam's "Survival of the Richest" report.
"While ordinary people are making daily sacrifices on essentials like food, the super-rich have outdone even their wildest dreams," says Gabriela Bucher, executive director of Oxfam International, per the Guardian.
Oxfam is calling for a wealth tax on the world's richest, arguing that such a tax could raise $1.7 billion a year, enough to lift 2 billion people out of poverty.
Giving to Amplify Earth Action: The WEF on Tuesday launched Giving to Amplify Earth Action, an initiative to increase philanthropic funding to tackle climate change and biodiversity loss, per the Guardian.
The group estimates that $3 trillion is needed to address climate change and biodiversity issues, and CEO Per Heggenes of the Ikea Foundation says it's "unacceptable" that just 2% of...
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Pedestrians in West Hartford, Conn., will soon be able to cross more easily thanks to a $697,000 state grant.
The Hartford Courant reports that the money from the Department of Transportation's...more
"I tried to get half and half the other day.
I had to walk four city blocks, just to get a quart of half and half so I could have coffee.
So to even get food around here is difficult," David...more
People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review.
That's why the Spokane Workforce Council is...more
More than 3,000 kids in Aberdeen, Scotland, sang "Northern Lights of Old Aberdeen" in front of thousands of family and friends over the weekend as part of the city's annual "Big Sing" event, the BBC...more
North Carolina's Cape Hatteras Secondary School has named its top students for the 2023-24 school term.
Here are the top 10, per the Daily News: Zion Aiken: Math Iadette Harris: English IZander...more
Massachusetts' Fitchburg State University is adding two new majors this fallone in creative arts therapies and one in creative arts enterprisemaking it the first public institution in the state to...more
The New Brunswick Teachers Association is asking teachers and voters in the Canadian province to take a survey ahead of the next provincial election in September, the CBC reports.
"We've seen a...more
Frances Bronet, president of New York's Pratt Institute, has been named chair of the Association of Independent Colleges of Art and Design, a group "dedicated to strengthening creative institutions,...more
The Oklahoma Arts Council has released its annual list of grant requests, and it's a doozy.
This year's list includes a call for artists to "bring the arts to other statewide organizations," as...more
Northern Illinois University is looking for a full-time assistant coach for its men's basketball team, the Chicago Tribune reports.
The ideal candidate will have at least three years' experience...more
Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.