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When it comes to helping the world's poorest people, there's no "silver bullet"but there are plenty of ways to invest in their future, the New York Times reports.

The world's richest people are putting their money where their mouth is.

According to the World Bank, the world's richest individuals and families have donated more than $1 trillion to groups that help the world's poorest people, but there's no "silver bullet" that will solve the world's problems, the Times notes.

"There is no'silver bullet' that will solve the world's problems," the head of the World Bank's philanthropic department tells the Times.

"There are a lot of different approaches to solving the world's problems."

One of those approaches is "impact investing," which involves putting money toward causes that have a positive impact on the world's people, the Times notes.

The world's richest people are putting their money where their mouth is, the Times reports.

According to the World Bank, the world's richest individuals and families have donated more than $1 trillion to groups that help the world's poorest people, but there's no "silver bullet" that will solve the world's problems. Read the Entire Article


Selected Grant News Headlines

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

Evening of Philanthropy Celebrates Devoted Donors

"Thanks to donors like you, ECU is an engine of opportunity for our students, a hub for economic development and industry, and a provider of first-class health care to the people of eastern North...more

The Moby Dick Manoeuvre: How Charity Organisers Harpoon Sydney'S Wealthy 'Whales'

Every year, the world's richest people gather in Sydney to raise money for children's hospitals, and this year's event is no exception. The Sydney Morning Herald reports Australia's richest...more

Breakthru Beverage Group Showcases Its Growth, Leadership, Culture and Philanthropy in ...

"We are committed to being an industry leader in creating a culture where every individual is valued, respected, and can fully contribute their best selves." So says Hillary Wirtz, the senior...more

Reforming Donor-Advised Funds
Foundation: National Philanthropic Trust

Donor-advised funds, which allow donors to store money in a private account and have it directed to charities without having to set up a private foundation, are a popular way to donate in the...more

Michael Crow

When Michael Crow heard about New York's New York Presbyterian Hospital's Lang Youth Medical Program, his first thought was, "What can I do to support this amazing program?" Crow is a member of the...more

Empowering Future Generations: Cornerstone Gift to Student Affairs Continues to ...

Bo and Donna Gossett have pledged $2.5 million to help create the "No. 1 student experience in the country," according to a press release from Clemson University. The couple's gift will go to...more

M3F Music Festival Funds Art Programs, Other Nonprofits in Arizona

For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more

College Philanthropy Director Associate

The University of Kentucky is looking for a director of philanthropy to lead its major gift fundraising efforts, the Lexington Herald-Leader reports. The ideal candidate has a bachelor's degree...more

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

The University of Arkansas at Pine Bluff is honoring five people for their "extensive community involvement, philanthropic endeavors, and exemplary service to the community," per a release. The...more

Uniting Through Volunteerism: National Volunteer Month Q&Amp;A with Besa

"I was working in corporate America for one of the world's largest retail companies, and it was challenging and wonderful in many ways. But I was finding my truest fulfillment on Saturday...more






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