Academic research institutions are undeniably under duress. While some of it may be due to overbuilding research infrastructure during the years of doubling the National Institutes of Health budget, they are now dealing with a new normal of having to do more with less.
Philanthropy and impact investing are the backbones of crowdfunding. The internet and the online crowdfunding platforms on giving have magnified the ways and means to reach anyone from all over the world.
This week on Bloomberg EDU, Eli Broad, philanthropist and founder of two Fortune 500 companies, discusses his native Detroit public schools, blended learning, school leadership and a national system for education.
Impact investors have two choices when it comes to influencing the philanthropic sector:convert their donations into investments or free philanthropists from inefficient burdens, helping them to focus on where their donations are needed most.
This past week I spent two days in Venice - my first visit to this legendary Italian city. I had been invited to speak at the European Venture Philanthropy Association (EVPA) that has the good sense to hold its annual meeting in Venice.
More important than just the money, however, is that private-sector foundations can afford to fund more high-risk, high-return research without the badgering and bickering that too often comes from Congress.
Similar to other modern economies, as Asian countries continue to modernize and grow, they face a serious challenge in how to manage the widening disparity between rich and poor. There is a lot of work to do to ensure that millions of people are not left behind.
Kim Kardashian must have hated it because the big news this week was the crowd funding of the return of Veronica Mars. In 4 hours 24 minutes 33,000 people set a Kickstarter record by pledging 2.1 million dollars to make a movie Warner Brothers was unwilling to fund itself.
Impact investing has developed out of traditional philanthropy in an effort to find solutions that allow investors to make profitable investments that can also address social and environmental challenges.