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.
Private funders have a long history of working to improve water, sanitation, and hygiene in developing countries. On World Water Day, we take stock of where these efforts stand right now.
Silicon Valley donors are often dinged for seeking quick fixes to entrenched social problems. So what should we think of a $1 million prize competition that looks to new technology to reduce violence against women?
Violence, exploitation, sexual harassment and other abuses are constant threats to female workers in the global garment industry. Here's the latest initiative by a funder working to shed light on this problem.
About 50 percent of well-meaning water and sanitation projects around the world fail. A civil engineer with years of field experience explains what needs to change in this critical area of global development funding.
GiveWell, the charity evaluator, believes that most gifts achieve little impact. Its push to redirect donor dollars is making headway—even as the limits of its approach have also become clearer.
Tens of millions of women work in a global garment industry where violence, exploitation and sexual harassment are pervasive problems. A group of funders has been collaborating to help them.
Around 2 billion people worldwide suffer from some form of malnutrition, which can have devastating long-term effects on children. We look at how top funders are mobilizing around this issue.
Visa is one of the most valuable brands on the planet, but it only recently launched a philanthropic arm. Its focus on financial inclusion offers a way to help the global poor and boost the bottom line.