Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up


credit: Flickr

The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people.

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... Read the Entire Article


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Uapb Chancellor'S Scholarship Gala Celebrates Philanthropy and Elegance
Foundation: Rockefeller Foundation, Winthrop Rockefeller Foundation

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Plasticfri, Swedish Eco-Friendly Startup Wins S'Pore Biz Competition

When Max and Allen Low were kids, their parents would ask them to spend a few minutes picking up garbage. "This became a habit which continued into adulthood, and we still make time for that...more

Glacier Bank, Federal Home Loan Bank Award $190K to Montana Nonprofits
Foundation: Whitefish Community Foundation

"Through our collective efforts, we're not just providing financial support, but we're investing in Montana's vitality and resilience." That from Mike Smith, president of Glacier Bank, which...more

The Our Fund Foundation and Community Foundation of Broward'S 2024 Lgbtq+ Social ...
Foundation: Community Foundation of Broward

Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more

Senate Bill Encouraging Mental and Physical Health Education in Schools Works Its Way ...

"It's more than just food and water and shelter, we now know that as a society, we now know that as a society." That's what an Alaska school board member has to say about a bill that would...more

Challenges of Hinterland Tourism

If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more

During Nysc, I Sacrificed Pleasure, Became Stingy to Grow My Food Business

When Gladys Markus graduated from her accounting course at Nigeria's Plateau State University last year, she had one thing on her mind: Starting a food business. The then-22-year-old had been...more

Australian Entrepreneur Hailed for Cleaning Philippines' Trash-Strewn River €“ but Will It Last?

"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more

Penticton Prospera Branch Donates $5K to Local Breakfast Program for Kids

"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more

Devin Booker Starting 5 2023-24 Grant Recipients Announced

Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more






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