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London-based Founders Pledge, a young philanthropic organization, is using a hyper-efficient giving-forwards model to attract high tech entrepreneurs as "Pledgers."
100 percent of its proceeds are going to charity. The value of a donation is a fixed percentage of a future wealth of a member.
To date, 1,250 entrepreneurs have signed up pledging nearly $2 billion in share value.
For each $1 billion in share value created by the community members, there is a minimum $20 million donation committed to charity.
The organization, led by social entrepreneur David Goldberg, has recently grown from the U.K. to 26 countries, opening new offices in New York and San Francisco. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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When it comes to giving back to the community, Hogan Brooks is at the top of the list. The Texas real estate investor and property managerwhose website says he "believes property management...more
"We are firing on all cylinders now." That's how the director of equality and opportunity litigation at a conservative public interest law firm is framing his group's victory in a discrimination...more
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Foundation: California Community Foundation, San Diego Foundation
The San Diego Foundation is calling for proposals for its 2024 Community Scholars Initiative grant program, which aims to fund "high-impact projects that support students with disabilities, foster...more
In the fourth quarter of 2023, American household debt hit $17.5 trillion, according to the Federal Reserve's quarterly report on household debt and credit. That's $212 billion more than in the...more
A man who introduced America to some of Mexico's best-known beers has died at the age of 73. Carlos Alvarez founded the Gambrinus Company in San Antonio, Texas, in 1986 and introduced the US to...more
When it comes to green technology, the Nordics stand out, with Denmark, Norway, Sweden, Finland, Iceland, the Faroe Islands, Greenland, and the US making up the top 10 of the Organization for...more
It's not every day that a hospital is named the nation's top medical facility, but that's exactly what's happened at Alabama's Children's of Alabama. The Children's of Alabama Clinical Scholars...more
"Is there anything we can help you with today?" asks a text message, followed by a series of seven follow-up texts over 30 days. The idea is to make it as easy for patients to get in touch with...more
Philanthropy News from...
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Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
