Presidential hopeful Bernie Sanders has stated that credit ratings agencies should be nonprofit, and that they should not be reliant on Wall Street. He argued that companies such as Standard & Poor’s, Moody’s, and Fitch have too close a relationship to Wall Street, which creates a conflict of interest. Under such a model, those groups […]
Tag: philanthropy
Malaria on the Rise in South Sudan
Despite the hard work of NGOs and other nonprofits in the area, South Sudan is currently reporting 1.6 million cases of malaria. Aweil, a rural area in the northwest corner of the country, has been hit the hardest, according to recent reports. Organizations like Chris Flowers’s J.C. Flowers Foundation have made progress—saving 736,700 lives and […]
Social media certainly lit up during Christmas when photos began circulating of lights coming from an abandoned Charity Hospital in New Orleans. The picture is the perfect type of image to go viral: it resides in Charity Hospital, which has been shut down since 2005 due to Hurricane Katrina. Given that the location around it […]
Harvard University has officially raised more than $6 billion in gifts, pledges, and donations through its Capital Campaign, according to members of the college’s Faculty of Arts and Sciences. The university is two years into its public fundraising phase, and it now appears to be forging ahead robustly. The campaign’s goal is to raise $6.5 […]
If you live in or near a big city, chances are you’re fairly accustomed to seeing homeless people. With colder weather already settled in and the holidays coming up, now would be a good time to spend some time putting together care packages for the homeless people in your area who could really use your […]
It probably comes as no surprise that many parolees return to society without much of a support network—and certainly without a job. But businesses and organizations around the country are aiming to change all that. In New York City, the J.C. Flowers Foundation’s Circles of Support program provides moral support and job-readiness training for parolees […]
Basketball legend Michael Jordan—whom you probably know best from the iconic 1996 film Space Jam—is handing over the $8.9 million he was awarded in a recent settlement to local nonprofits that help Chicago area children. Jordan plans to donate the money next summer. Jordan was awarded the money in a successful lawsuit against grocery chains […]
Raising children with the expectation that they will give back to their communities is important, and not just because you want to give them things to put on their resumes or eventual college applications. Teaching children the value of volunteer work teaches them to value what they have, to appreciate their own lives and find […]
Millennials, those people who are now between the ages of 18 and 34, tend to get a bad wrap. They are often accused of not working hard enough, or expecting too much out of the opportunities they do have. Some older folk seem to think that all millennials are self-important children, who think they’re important […]
Many of us have a desire to save the world in whatever way we can—that’s why philanthropy is so important and widespread. But what’s the most effective way to approach health initiatives? It’s all good and well to throw money at a problem, or even try to swoop in and save the day—but will that […]