Philanthropy Roundup: October 2019

A student uses a dropper to measure liquid in a school lab
Highlighted in this month's Philanthropy Roundup: A call for strong new social programs, including more effective schools and colleges.

If you’re a philanthropist, your schedule might make it hard to keep up with the latest news, topics and emerging trends in the world of giving back.

That’s why we’re making it easier for you to stay current.

Our “Philanthropy Roundup” posts highlight stories – at the local and national level – that are valuable to our readers and will keep you up to date in the world of philanthropy. Check out the articles below.

$500 Million to $5 Billion
Forbes

Coined at a Rockefeller Foundation event in 2007, the term “impact investing” is defined as investing in ventures that both make money and have a positive social or environmental impact. It’s a strategy that’s been embraced by many of the world’s richest individuals. Forbes has put together The Impact 50 to highlight some of the most notable impact investors.

The U.S. is the No. 1 most generous country in the world for the last decade
MarketWatch

The United States has been the most generous country in the world over the past decade. That’s the conclusion of the World Giving Index, a ranking that measured how likely residents of 128 countries were to practice acts of generosity. The index, from the U.K.-based nonprofit Charities Aid Foundation, is based on Gallup’s World Poll surveys of 1.3 million people.

Melinda Gates: Here’s Why I’m Committing $1 Billion to Promote Gender Equality
TIME

Melinda Gates plans to spend $1 billion over the next decade in hopes of reducing gender inequality, the philanthropist and investor announced in this article she wrote for TIME. Her three priorities are: making it easier for women to advance professionally; increasing gender diversity in the technology, public affairs, and media fields; and jumpstarting reforms in male-dominated organizations.

Robert F. Smith’s $34 Million Gift was Inspired by a Small Act of Philanthropy He Saw his Mom Make
Business Insider

In May, billionaire Robert F. Smith pledged to pay off student loan debt for an entire graduating class.  Smith made the announcement that he would pay off the student loans of the 400 graduating seniors during his commencement address at Morehouse College. In this article, Smith explains the role his parents played in inspiring the decision.

We Need Big Ideas. Philanthropy Has Them.
The Chronicle of Philanthropy

To start narrowing our country’s extreme wealth gap and repair our weakened social fabric, we desperately need a host of strong new social programs, including more effective schools and colleges, better job opportunities and training, and truly affordable health care for working families. This article explains why philanthropy is best positioned to solve these challenges.