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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.
Asian millennials are expected to inherit more than a third of the world's wealth by 2030, and a new service in Asia aims to help them do just that. The philanthropic arm of Singapore's sovereign...more
Bloomberg is looking for a Salesforce.com developer to join its New York office. You'll be responsible for building and maintaining Bloomberg's sales and service applications on the Salesforce...more
The Atlanta Braves have a new co-owner, and it's no surprise. Anil Damani, a native of Pakistan who now lives in Atlanta, bought a controlling stake in the team earlier this year, reports the...more
A Kansas State University fraternity has donated $35,000 to a local animal shelter after one of its members was seriously injured in a car accident. Blake Aurand, a member of the Delta Sigma Phi...more
David Pecker, the former CEO of the parent company of the National Enquirer, took the stand in his own defense Thursday in the trial of Michael Cohen, President Trump's former personal...more
The Toronto Globe and Mail's "On the Scene" feature takes a look at some of the week's philanthropic events around Canada, including a record-setting auction that raised $250,000 for a mental-health...more
Nigeria's Mike Adenuga Jr. turned 71 yesterday, and in honor of the billionaire's big day, Business Insider has compiled a profile of him that includes this standout line: "In a universe often...more
If you're a billionaire in India, you may be on the Forbes list of the world's richest people. And if you're also a billionaire in India, you may also be on the Forbes list of the world's richest...more
When it comes to philanthropy, millennials and Gen Z are outpacing baby boomers in a big way, according to a new report from Instituto Beja and Oxygen. The report finds that 74% of millennials...more
"All investments are impact investments," says Adam Spence, CEO of SVX, a non-profit financial services firm that has just launched Canada's first index designed to measure the impact of investments...more
Social Entrepreneurship
Spotlight
Social Entrepreneurship: Meet the Disruptors of The World Of Philanthropy
William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”
