November 30, 2011
Three Big Ideas from the World’s Only Secretariat for Philanthropy
RE: Philanthropy
By Dan Hymowitz and Heather Lord
11/29/11
In America, the debate lumbers on about the best way to coordinate the philanthropic sector and the U.S. government. Meanwhile, one post-conflict West African country has jumped right in — the Liberia Philanthropy Secretariat is the fruit of collaboration between President Ellen Johnson Sirleaf and private foundations. It is the world’s only national government office dedicated to engaging private philanthropy.
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Community Foundation Vital to Ohio Valley
The Wheeling Intelligencer
By Susie Nelson
11/29/11
These are difficult times for many in our community. Unemployment remains high, paychecks don’t go very far, and every day it seems another public service is being curtailed in the interest of budget cuts. That’s why the kinds of innovative investments being made by philanthropy – particularly community foundations – have never been more important in the Ohio Valley.
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Internet Pioneer Pushes Social Change Through Investing, Activism
The Los Angeles Times
By Michael Hiltzik
11/29/11
In today’s hyper-speed world of technology entrepreneurship, David C. Bohnett ranks as a grand old man. Bohnett, 55, founded GeoCities, the pioneering social networking company that made his fortune, back in 1994 — virtually Internet prehistory. He took GeoCities public in 1998 and it was sold the following year to Yahoo for more than $3 billion in Yahoo stock. Yet it was the original sale, which netted Bohnett personally something in the neighborhood of $300 million, that funded the next act of his life, as an investor in start-up Internet companies and a supporter of social philanthropies.
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New York Life Awards $300K to Youth Development Institute
New York Nonprofit Press
11/22/11
The New York Life Foundation has announced a two-year, $300,000 grant to the Youth Development Institute (YDI) to support the expansion of the Ladders to Leadership Program for middle school youth attending afterschool programs at nine sites throughout New York City.
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Philanthroteens: Transforming Teens Into Givers, Part 3
The Huffington Post
By Laura Arrillaga-Andreessen
11/29/11
When it comes to giving, we can draw inspiring lessons from today’s youth. The volunteer rate among sixteen- to nineteen-year-olds, in terms of hours given, has almost doubled since 1989, according to the Corporation for National and Community Service. Last week, I wrote about how colleges and universities are developing programs and fields of study in social entrepreneurship that can empower a new generation of individuals to create both nonprofit and for-profit companies with social benefit. This week, I’ll highlight the work of young social entrepreneurs and teen philanthropists.
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The Philanthropy of Africa’s 40 Richest
Forbes
By Mfonobong Nsehe
11/29/11
Africa’s 40 richest people have yet to make a mark in global philanthropy, but some of them are making notable efforts in their home countries. While conducting intensive research for Forbes’ inaugural list of Africa’s 40 Richest, we also probed the philanthropic donations of the continent’s wealthiest people.
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More Women, Higher Quality CSR? (Part I)
Sustainable Business Forum
By Andrea Learned
11/29/11
Taken literally, the answer to the question posed by this article’s title is: yes. New research from Catalyst and Harvard Business School (HBS) shows the strong connection between having more women on boards and in executive management and “greater corporate social responsibility.” While these findings focus on philanthropy or corporate giving as the key indicator of corporate social responsibility, this information should be considered just the beginning of the ways corporations will benefit from having more women, and in all ranks.
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