Nearly half of healthcare facilities in the world’s Least Developed Countries lack basic water services, leaving millions of patients vulnerable to infection and other problems. Leading WASH funders and nonprofits are looking to change that.
By 2035, more young people will be joining Africa’s workforce each year than the rest of the world combined. No grantmaker is more focused on this challenge than the Mastercard Foundation—tapping a $17 billion endowment.
Walmart’s business in India is growing rapidly. That economic stake—along with the company’s CSR goals around its supply chain—helps explain why its philanthropic arm is making $25 million in grants to boost farmers.
Every two years, the Carnegie Medal of Philanthropy is bestowed on a select group of ultra-wealthy donors at an elaborate gala. Does this program accomplish anything—or just stroke the egos of people who already get plenty of attention?
Hewlett is among the top U.S. funders focused on global issues, making $106 million in grants in 2018. Will its new Global Development and Population head—who is coming from the Gates Foundation—change how this program operates?
Achieving the U.N.’s ambitious Sustainable Development Goals requires unlocking vast amounts of private capital. MacArthur and two other funders have a plan to do exactly that—and take impact investing to a whole new level.
Visits to U.S. by foreign nonprofit grantees are an important part of cross-border giving. But these visitors can be stepping into a dicey legal grey area, given the way that immigration rules regulate fundraising activities. Here’s a quick primer.
In recent years, the Gates Foundation has emerged as one of the most important funders of women’s empowerment. Melinda Gates has driven that dramatically stepped-up giving, motivated by experiences she describes in her moving new book.
In his new book, “The Business of Changing the World,” Devex co-founder Raj Kumar shows how business-savy philanthropists are helping disrupt foreign aid with their focus on results. But what are the downsides of this sea change?
Water and sanitation have long been a focus for global grantmakers, but the approach has often been piecemeal, with projects failing after donors have moved on. In an interview, two leading WASH funders discuss their quest for a better approach.
Backed by billionaire donors and the Rockefeller Foundation, Co-Impact launched in 2017 aiming to take a collaborative and systemic approach to global development. With grantmaking now underway, how are these lofty ambitions playing out?
Since taking the helm of the Conrad N. Hilton Foundation, Peter Laugharn has streamlined its global programs and also sought to send more grants to community-based nonprofits in Africa. We talk to Laugharn about his vision for “localizing philanthropy.”
Hewlett is among the top U.S. funders of global development, and its director of this work, Ruth Levine, has been an influential advocate for women’s empowerment. With Levine moving on, we take stock of the global program’s hits and misses—and what may lie ahead.
Participatory grantmaking is gaining steam in the U.S. as an alternative to top-down funding strategies. But it’s also being explored overseas—including by an international funders collaborative looking to empower teenage girls to be leaders in civil society.
CARE’s ambitious initiative to boost women in agriculture in developing countries, backed by the PepsiCo Foundation, is based on an unproven theory of change. It’s the latest example of a funder making a big, risky bet on the potential of gender equity.
Global nonprofit love.fútbol engages communities to create soccer pitches, and recently received its first-ever major gift from a foundation. Here’s how the two organizations got in sync to advance their shared mission of helping children.
Crime, violence, and deep poverty continue to push Mexicans and Central Americans to flee northward. Several top U.S. foundations have been working on these challenges for years. What are they doing? And what’s been the impact?
After a historic surge in wealth and sweeping legal changes, some of China’s wealthiest business leaders are turning to large-scale giving. But figuring out what donors are up to isn’t easy given a lack of reliable information on Chinese philanthropy.
In contrast to development efforts that funnel money to international NGOs, the Haiti Development Institute, which was incubated by the Boston Foundation, makes small grants to grassroots groups that are keenly attuned to the needs of communities.
Dining for Women is an intriguing example of a giving circle with a wide reach. Thanks to its chapter dinners, it has granted millions to women and girls in developing countries. We hear about DFW’s giving model from several members of its team.
Recognizing that climate change threatens progress on the issue it cares about most—children in poverty—the Ikea Foundation has now pledged nearly $800 million to the cause. Where’s the money going?
The Surdna Foundation is known for being a trailblazer among progressive foundations. But how does that role play out in terms of where grants actually go? Here’s a quick peak.
The idea of philanthropy is not a well-embedded concept in Africa. But it's been catching on, and some of the continent's wealthiest people are engaged in large-scale giving—with much more to come.
The Hertz Foundation has been awarding fellowships to STEM postdoctoral students for more than 60 years. A new program is sending students in diverse scientific fields to work in health and development at the Gates Foundation.
The foundation dedicates about 25 percent of its annual giving to WASH, with a focus on two key water and sanitation issues—access and sustainability. We look at some recent grants going out the door.
For better or worse, we’re living in a golden age of funding competitions that seek to drive innovation or ferret out overlooked big ideas. We check in on how one of the newer efforts in this mix is coming along.
The Desai Foundation, founded by an Indian-born techie, started out with traditional grantmaking. But it pivoted to a more hands-on approach that includes fundraising to advance its mission of empowering women.
Africa has one of the world’s highest unemployment rates, particularly for young adults. The Mastercard Foundation is making a big new push to take on this high-stakes problem.
The Conrad N. Hilton Foundation is among a handful of major funders that's sticks with water and sanitation issues year in and year out. Its efforts in Ghana showcase the new approach it's now taking.
A new report provides an eye-opening snapshot of the private wealth flowing to conquer some of humanity's most intractable problems. But it also spotlights just how few billionaires and big foundations are giving for development.