Category Archives: Business

The Chan Zuckerberg Initiative: The Search for a New CIO

The Chan Zuckerberg Initiative: The Search for a New CIO

The billionaire founder of Facebook Inc. Mark Zuckerberg, along with Dr. Priscilla Chan, his wife, recently announced that they are on the hunt for a chief investment officer (CIO) who will manage more than $10 billion in philanthropic contributions through their LLC, the Chan Zuckerberg Initiative. The organization has brought on Yale University’s longtime CIO… Continue Reading

6 of the Ways Nonprofits Can Demonstrate a Commitment to Transparency

6 of the Ways Nonprofits Can Demonstrate a Commitment to Transparency

When vetting a nonprofit that you are thinking about donating to, it is important to think about transparency. When nonprofits operate transparently, they build trust with the people supporting them. Legally, nonprofits have to disclose certain information to the public and board members must have access to financials to fulfill their role. Ideally, a nonprofit’s… Continue Reading

This Is What You Need to Know about Jeff Bezos’ $2 Billion Fund for Homelessness and Education

This Is What You Need to Know about Jeff Bezos’ $2 Billion Fund for Homelessness and Education

About a year ago, Jeff Bezos put out an open call for suggestions about how to direct his philanthropy. It seems like the founder of Amazon has finally made his decision.  Very recently, Jeff Bezos, the richest man on the planet, announced via Twitter that he was creating a $2-billion philanthropic venture called the Bezos… Continue Reading

5 Tips for Engaging in the Most Effective Corporate Philanthropy Possible

5 Tips for Engaging in the Most Effective Corporate Philanthropy Possible

Despite the fact that corporate charity benefits businesses in a variety of ways, from improving morale to expanding professional networks, there remains a number of misconceptions about giving as a business. For example, business owners often think that giving should only occur when profits reach a certain level, but there are other ways of helping… Continue Reading

Spotlight – Bill Gates Gives Alzheimer’s Research a Big Boost

Spotlight – Bill Gates Gives Alzheimer’s Research a Big Boost

Alzheimer’s disease affects more than 5 million Americans in the United States, and a new case develops about every minute. However, the condition remains rather difficult to diagnose, and testing involves incredible expense. Because of this reality, Bill Gates recently announced a new investment in Diagnostics Accelerator, a venture philanthropy fund working to improve the… Continue Reading

What You Need to Know about Barbara Dalio and Her Approach to Philanthropy

What You Need to Know about Barbara Dalio and Her Approach to Philanthropy

One of the major focuses of philanthropy in 2018 has been education, and Barbara Dalio has emerged as one of the most influential philanthropists in this sector. While Dalio has become one of the most prolific education-based donors, she distinguishes herself from others with her hands-on approach to giving. She and her husband Ray, the… Continue Reading

The Debate about the Motivation behind Corporate Philanthropy

The Debate about the Motivation behind Corporate Philanthropy

The benefits of corporate philanthropy for a company are manifold. In addition to creating a better public image for themselves, organizations can use philanthropy to motivate and inspire their employees. However, a great debate about the motivation behind corporate philanthropy has raged for some time. While some people believe that motivation matters, others contend that… Continue Reading

This Tool Makes Philanthropists Think about Their Impact

This Tool Makes Philanthropists Think about Their Impact

One of the emerging trends in philanthropy is a push to hold donors more accountable for the impact that they make through their funding decisions. This trend was solidified by the introduction of Philamplify a few years ago. An initiative of the National Committee for Responsive Philanthropy (NCRP), Philamplify provides critical feedback to select foundations… Continue Reading

What You Need to Know about Beyoncé’s Extensive Philanthropy

What You Need to Know about Beyoncé’s Extensive Philanthropy

When people think of prominent philanthropists, they may talk about John D. Rockefeller or perhaps Bill Gates as a more modern example. However, this view of philanthropy is far too narrow, especially when considering the intersection of pop culture and giving. Many leading pop culture figures have also emerged as major philanthropists. One of the… Continue Reading

Digital Currency’s Potential to Disrupt the Charity Sector

Digital Currency’s Potential to Disrupt the Charity Sector

The conversation about cryptocurrency in the world of philanthropy has grown steadily since Pine emerged as the first major Bitcoin philanthropist. Pine has given away millions of dollars as the founder of the Pineapple Fund, which has promised to give away about $86 million worth of the cryptocurrency to a number of different causes. While… Continue Reading