Lessons from Facebook’s $1B Housing Crisis Investment


Foundation: Nike

Facebook is one of the most recent examples of big tech making investment to ease California's housing crisis, which has led to a homelessness epidemic in recent years.

Facebook has pledged $1 billion and other tech giants such as Microsoft and Google have also committed to the cause.

Supporters say that tech giants like Facebook have a social responsibility to their community, their country, and their world. Because of their influence, Facebook, Microsoft, Google, and others have an opportunity to do good, and they should take every opportunity to be true leaders.

Nike, Patagonia, Dick's Sporting Goods are all examples of other corporations that have taken a stand to help solve societal issues.

Facebook's investment could positively impact the company in years to come. The article recommends that the best solution is for big tech and the government to work in tandem to achieve the larger societal solution. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

President'S Budget Targets Philanthropy

President Obama's budget plan for 2025 calls for a 25% tax on wealthy Americans who make big donations to charity, and it's not sitting well with the philanthropic community, the Wall Street Journal...more

Governor'S 2024 Smart Communities Awards Nominations Now Open

"The city of Spokane is a leading example for how communities can respond to the housing crisis," says Washington Gov. Jay Inslee in praising the city for its efforts to create more affordable...more

California Delta Salmon, Habitat Restoration Projects Getting Millions in State Grant Funding

California Gov. Gavin Newsom is making good on his promise to spend $200 million to restore the state's salmon population. The state has awarded $50 million in grants to 15 projects, including...more

Bezos Earth Fund Invests $60 Million In Centers To Improve Alternative Meats

Jeff Bezos is putting his money where his mouth is. The Amazon founder and chairman of the Earth Fund announced Tuesday that he's giving $60 million to create centers at universities that will...more

Promise and Peril: Philanthropy at the Precipice

America's richest people are giving away a lot more than they used to, according to a new white paper from the Brookings Institution. The paper, titled "Pledge and Peril: Philanthropy at the...more

Mayor Adams, Fund For Public Health Nyc Announce Conference To Improve Black Maternal Health

"The numbers are clear: Black New Yorkers are four times more likely than white New Yorkers to experience a pregnancy-associated death," Eric Adams, mayor of New York City, said at a press...more

This Philly Nonprofit Received $4 Million from Amazon Shareholder Mackenzie Scott

MacKenzie Scott, ex-wife of Amazon CEO Jeff Bezos, has donated $4 million to a Philadelphia nonprofit. The gift will go to the West Philadelphia Skills Initiative, which works to connect...more

Titans of Innovation and Philanthropy Join Forces with Dr. Shaquille O'Neal and Edsoma to ...

"When I heard him talking like that and with the support of Shaquille, I just said, 'Listen, I got to.' I'm in education.'" That's what retired NBA star Shaquille O'Neal says he told Kyle Wallgren,...more

Northern Trust Releases 2023 Philanthropic Impact Report

Northern Trust employees gave more than 53,000 hours of their time in 2018 to charitya record for the company, CNBC reports. According to the company's 2023 Philanthropic Impact Report, nearly...more

Srq Daily Mar 13, 2024
Foundation: Community Foundation of Sarasota County, Gulf Coast Community Foundation

Customers at Rise Up Cafe in Sarasota, Fla., will soon notice a difference: The coffee and ice cream shop staffed by people with intellectual and developmental disabilities is moving to a new...more





Millennials often get flak for being picky, narcissistic and fickle, especially when it comes to doing business. While unemployment struggles often reach more people in younger generations, these seven millennial entrepreneurs featured in the Huffington Post are too busy creating positive social impact, changing other people’s lives and theirs.




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