Category: No Poverty

5 Ways To Expand Your Philanthropy Impact at This Generous Time of Year

It’s the most generous time of the year. From Giving Tuesday to last-minute donations to favorite charities, December marks the month when Americans most benevolently open hearts and wallets to support the causes and issues that are most important to them.   Of the $427.71 billion Americans contributed to charities in 2018, approximately 30 percent of […]

3 Ways to Combat Poverty with Transformational Technology

According to the World Bank, the global poverty rate is lower than it has ever been in recorded history. More than 1 billion people have been lifted out of extreme poverty (defined as living on less than $1.90 per day) over the past 25 years. This is surely one of the greatest achievements of our […]

Akon: The Necessity of Financial Services

Financial services are important because they help us start businesses, create economic flow, and bring communities together by facilitating transactions with those around us. More meaningfully, they allow us to invest in a better future for ourselves and our families. Right now, there are over two billion people who do not have access to financial […]

What Does Sustainable Growth Really Mean?

People are often confused by the term sustainable growth. While most believe it a worthy objective, its definition is less clear. Does it mean “green growth?” Is it part of the “triple bottom line”? Does it have to do with the corporate social responsibility (CSR) framework, which suggests that an entity has an obligation to act […]

Pope Francis Ditches Charity in Favor of Impact Investing

Catholic investment funds are increasingly investing in projects in emerging economies and earning a return while also doing good. After decades of giving to charity, a growing number of Catholics are starting to put their philanthropic billions into profitable investments instead – a new aid model, backed by Pope Francis, that experts say could help […]

Building the Case for Impact: New Alliance Unites Profit and Purpose

So, you want to spend a career building wealth without regard for its impact on the environment, economy and society, and then allocate a small portion of this later in life through grant-making to create a favorable legacy? Why not get it right from the beginning, a win-win for all stakeholders that generate positive impacts […]

4 Critical Steps to an Effective Impact Investing Strategy

I was in the prime of my wealth management career. About to turn 30, I managed investments for 20-plus multigenerational high-net-worth families. I’d spent several years climbing the corporate ladder, and finding “success.” And then the epiphany struck—success wasn’t about titles and more money; there had to be something deeper. I started to see a […]

Coca-Cola Gives $106 Million to 230 Global Organizations

The Coca-Cola Foundation and The Coca-Cola Company together donated more than US$106 million to more than 230 organizations in 2016. These contributions will directly benefit communities across more than 200 countries and territories, with approximately 97 percent of the grants focused on The Coca-Cola Company’s core sustainability priorities of women, water and community well-being. The […]

Building an Anti-poverty Hub of Hope

“Very often, a lack of jobs and money is not the cause of poverty, but a symptom,” said President Lyndon Johnson in 1965, one year after declaring a war on poverty. “The cause may lie deeper, in our failure to give our fellow citizens a fair chance to develop their own capacities, in a lack […]

Why The World Bank Needs a Loan From You

Dr. Jim Yong Kim, head of the World Bank, acknowledges that even their huge budgets are not enough to transform the world into a better place. They need you. You are head of the world’s leading development and aid organization and your shareholders are in just about every country in the world. Why is your […]

Capitalism Gets Reinvented – For a Mere $27

  Muhammad Yunus solves a social problem by giving micro-loans to the poor – turning them into entrepreneurs. The effects of his first loan, a total of $27 to 42 people, make him realize that people are not poor from being lazy, but because financial institutions do not help them. He forms Grameen Bank, providing […]