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Preview: Philanthropy News

Forbes - Philanthropy

Forbes - Philanthropy

Copyright: Copyright 2016 Forbes LLC

Why Nonprofit Organizations Should Take Risks More Often -- Even If It Means Failure

Fri, 28 Oct 2016 10:10:00 -0400

Innovation is essential to growth. But for nonprofit organizations, the lack of risk, resources and funding along with fear of failure often inhibit innovation. Here's why nonprofits need more risk and more failure.

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Brewing Change In Rwanda With A Woman-Owned Craft Beer Facility

Thu, 27 Oct 2016 12:34:00 -0400

A Canadian craft brewery and an entrepreneur behind one of Kigali, Rwanda’s first Chinese restaurants are teaming up to open the first Rwandan women owned and operated craft brewery.

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What You Can Learn From A One-Legged Entrepreneur

Thu, 27 Oct 2016 12:26:00 -0400

Amit owns a micro-business in Mumbai, where he delivers printing supplies door-to-door. Like many of us, his days used to run together: taking orders from corporate clients, traveling a 30-mile radius on his motorbike to wholesalers and delivering stationery and printing supplies. He had a formula that really worked and [...]

ISKCON Celebrates 50 Years Since Its Founding

Thu, 27 Oct 2016 11:44:00 -0400

Founded in 1966 in New York, ISKCON boasts more than 600 centers and millions of adherents worldwide who worship the Hindu deity Krishna, a central figure in the Hindu religion.

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This Incubator Helps Youth Make An Impact In Their Communities

Wed, 26 Oct 2016 07:56:00 -0400

GivingPoint gives young people the training, resources, and support they need to turn their passion for public service into actual, functioning non-profits and social enterprises that have a positive impact on their community.

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This New System Will Help The Blind To Read

Tue, 25 Oct 2016 13:22:00 -0400

A new system could make Braille more affordable and better to use - opening up new possibilities for the blind and partially sighted.

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Komen In NYC: Still Walking And Changing Awareness

Sun, 23 Oct 2016 10:00:00 -0400

The Komen organization says that since 1983, it's raised and distributed more money for breast cancer care, education and scientific investigations than any entity besides the U.S. government: $2 billion for communities, including rural and poor areas...

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A Conversation With Vicki Escarra, Global CEO of Opportunity International

Sun, 23 Oct 2016 04:03:00 -0400

Vicki Escarra, the global CEO of Opportunity International, talks about Opportunity International’s work across Africa and some of the challenges and opportunities in microfinance and its deployment across the continent.

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Leaders Let The People Of Flint Down, So Pro Bono Volunteers Stepped Up

Thu, 20 Oct 2016 17:21:00 -0400

With Pro Bono Week 2016 upon us next week (October 23 - 29), it’s time to celebrate the value of this unique form of volunteering.

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Fresh Food With A Fresh Start On Life

Thu, 20 Oct 2016 10:57:00 -0400

Lamb Rump With Pancetta And Butter Bean Cassoulet, Lamb Shoulder, Rosemary Dumplings And KaleCourtesy of The Clink Dining at one of The Clink restaurants in the United Kingdom is more than a meal, it’s about second chances. The restaurant's name isn't just cute, its servers and workers are current inmates who [...]

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How Do B Corp Breweries Stay Solvent In Service Of The 'Triple Bottom Line?'

Thu, 20 Oct 2016 07:30:00 -0400

Ten North American breweries have pledged to work in pursuit of profit, people and planet; so how do these notoriously narrow-margined businesses keep their net earnings from going flat?

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Capital And The Common Good: An Interview With Georgia Levenson Keohane

Wed, 19 Oct 2016 12:06:00 -0400

The collapse of global financial markets in the past ten years has left an ugly stain on the world of finance. But thefuture couldn't look more different.In her new book, Capital and the Common Good: How Innovative Finance is Tackling the World’s Most Urgent Problems, Georgia Levenson Keohane, Executive Director [...]

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Being Kind Won't Change Your Life. But It Might Improve It A Little, Oxford Researchers Say

Wed, 19 Oct 2016 07:06:00 -0400

Video Does being kind to others make you happier? A little, Oxford researchers say. Together with their colleagues from Bournemouth University, they analyzed 428 published articles that had investigated the relationship between kindness and happiness and conducted a meta-analysis of the findings. Turns out that the overall effect of kindness on happiness [...]

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Philanthropy And The Death Penalty

Tue, 18 Oct 2016 13:41:00 -0400

Savvy philanthropists know that change takes time – and money. See how Atlantic Philanthropies invested in both.

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Hillary Clinton's 65% Estate Tax Plan OvershadowsChild Care Credit

Mon, 17 Oct 2016 09:10:00 -0400

Hillary Clinton vows to dramatically increase and expand the federal estate tax to unprecedented levels. Take that Trump/Bernie.

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Watch Out! Factory 2.0 Is Coming To A School Near You

Mon, 17 Oct 2016 06:48:00 -0400

There are so many conversations happening about the future of education. Sometimes I feel like I am involved in too many of them. I hear keynotes and plenaries at conferences and I’m fed up with the clichés and the platitudes. (Photo by VCG/VCG via Getty Images) Most irritating is the incessant discussion [...]

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How Seth Rogen Is Getting Millennials To Fight Alzheimer's

Sun, 16 Oct 2016 08:00:00 -0400

Comedian Seth Rogen founded Hilarity for Charity with his wife, Lauren Miller, whose mother was diagnosed with early-onset Alzheimer's at 55.

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7 Ways To Give To Charity Even If You’re Not Part Of The 1%You don't have to be rich to make a difference1. Set goals as “needs, wants and wishes.”2. Add philanthropy as a category in your budget.3. Strive for five percent (if not ten.)4. Make it automatic.5. Get the family involved.6. Will it to happen.7. Name a charity as a beneficiary.

Sun, 16 Oct 2016 08:00:00 -0400

You can be philanthropic on a budget.Between 70 and 90 percent of all U.S. households donate to charity in a given year, and the typical household’s annual gifts add up to between two and three thousand dollars, according to The Philanthrophy Roundtable.

This doesn’t even account for “micro-giving” which includes helping a neighbor in need, donating to flood victims, or sending funds to aGoFundMeaccount.

Read more here.

Set your financial goals in three distinct categories. Start with taking care of your family’s basic financial needs which could include becoming debt free, funding an emergency savings account and investing for retirement. Once you are on track to fund the basics, look to wants and wishes.

Wants may be goals such as an annual family vacation, a special boat or car, oryour children’s education.

Wishes can include charitable giving.

Simply adding charitable contributions to your annual budget and in your overall financial plan, encourages you to be pro-active with your giving.

With this step, you now enter the ranks of the philanthropists, no matter the amount you give.

Setting goals forphilanthropycan be a win-win for your finances and your favorite charity. Work your budget backwards: pay yourself and your charity first. Start by carving out funds to pad your emergency fund, pay off consumer debt, and add to your retirement fund.

Then set a specific dollar amount or percentage of income for charitable intentions.

If you want something done, automate it! You can set up an automatic monthly payment to your charity directly from your bank account each month. Better yet, give through payroll deduction.

Pool your charitable gifts together with family members or like-minded friends. ADonor Advised Fundcan work well for this as you can make a donation and get an immediate tax benefit but don't have to make a recommendation for a grant to a charity until a later time.


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This Indian Social Entrepreneur Has Delivered Food To A Million Needy People, And Isn't Slowing Down

Sat, 15 Oct 2016 02:32:00 -0400

Ankit Kawatra launched Feeding India in late 2104. Today, the not-for-profit organization has a network of 2,200 volunteers across 32 cities in India, collecting surplus food and distribute it where it’s needed most.

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John HancockVoice: Meet The Company Turning Food Waste Into PowerFuture FuelFuture FuelFuture FuelFuture FuelFuture FuelFuture Fuel

Sat, 15 Oct 2016 02:32:00 -0400

Harvest’s energy garden in Orlando uses anaerobic digestion to turn organic waste into clean energy and natural fertilizers.

Gary Aguinaga, chief operating officer of Harvest’s energy business, is pictured overlooking the company’s energy garden in Orlando.

Organic waste material, delivered from Orlando-area theme parks, restaurants, hotels and businesses, is mixed together in an enclosed receiving hall.

A clamshell-like bucket scoops up organic materials and drops them into a pre-treatment system, removing packaging and contaminants.

Fats, oils and grease (FOG) get added to the slurry of organic materials, boosting the biogas yield during the anaerobic digestion process.

Pipes connect the flow of materials through Harvest’s energy garden, as organic waste is turned into biogas, clean energy and natural fertilizer.

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Impact Investing Isn't a Hype: It's an Evolving Toolbox of Opportunities

Fri, 14 Oct 2016 11:48:00 -0400

The evolution of the impact investment space is buzzing around this piece of instrument innovation, as the majority of social enterprises still don’t fit the siloes of the financial sector as it exists today.

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Starbucks Hopes 15 New Stores Will Make It Part Of The 'DNA' Of Low-Income Communities Of Color

Thu, 13 Oct 2016 17:30:00 -0400

A few years ago, Starbucks’ location on Sutphin was a forgettable local business. It was literally forgettable--none of the partners or customers who spoke with FORBES could remember what it was. In less than a year, however, the previously unremarkable space has given hope to partners, a home to a partner who lost one, and renewed vigor to a company veteran. Most importantly, it’s given a neighborhood a taste of development, and a company a taste of the benefits of partnering with oft-overlooked communities.

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How To Get From Safe Contentment To True Happiness

Wed, 12 Oct 2016 11:20:00 -0400

When something disturbs your inertia, take advantage of that disruption to move forward.

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Pergolas And Champagne: Supporting Art And Artists

Wed, 12 Oct 2016 03:35:00 -0400

With artwork ranging from a 1500-year-old bust of Roman god Bacchus to a commissioned colorful garden installation, Le Bristol hotel in Paris has become a force in the city’s art scene. And it all started with a family collection.

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Ruben Vardanyan Changes The World One Country At A Time

Tue, 11 Oct 2016 09:00:00 -0400

Ruben Vardanyan cofounded the Aurora Prize for Awakening Humanity, an award granted to a humanitarian effort that changes the world. Here, he talks about his work as a global leader.

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Meet the New Chopard L.U.C Time Traveler One and GMT One -- Watches Destined for Today's Traveler

Tue, 11 Oct 2016 08:00:00 -0400

In celebration of the 20th anniversary of the Chopard L.U.C Manufacture in Fleurier, the brand unveils two travel-inspired watches, the L.U.C Time Traveler One and the L.U.C GMT One, both inspired by today's fast-paced global timing. t

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Behind the Golden Door: The Most Exclusive Spa Retreat for the World's Richest Men

Mon, 10 Oct 2016 10:35:00 -0400

Golden Door Spa in California I will be the first to admit, spending a week at a high-end spa retreat with 40 other men made me really apprehensive. I was the type of kid who was always the last one picked on sports teams, I hate group activities, and I am [...]

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Free Ride To The Polls: WomenVotes Takes You There

Sun, 9 Oct 2016 09:00:00 -0400

If you are in many parts of America, you can get a ride to the polls. This ride will be round-trip. This ride will be free. This ride will be provided by 100% volunteer drivers and is women inspired. This ride could change the future of the America you live in.

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How To Train 68.8 Million Teachers. Because That's How Many The World Needs

Sun, 9 Oct 2016 07:25:00 -0400

Number four among the United Nation’s Sustainable Development Goals is providing every child in the world with quality education by 2030. There are currently about 260 million children out of school. Classroom in Tanzania (Photo by Jordan Shapiro) It is one thing to get them into school, it’s another to provide quality [...]

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