Muhammad Yunus, one of the most repsected leaders in anti-poverty efforts today, will be awarded the Presidential Medal of Freedom by President Obama at an award ceremony on Wednesday, August 12. Dr. Yunus, a Bangladeshi economist by training, is the recipiant of the 2006 Nobel Peace Prize for his work with the Grameen Bank, for [...]
Recessions are no fun for nonprofits. Corporate givings tumble, people donate less, and foundations cut down grants. Some of the hardest-hit organisations in this economy have also been the most deserving of support. But nonprofits, according to Michael Seltzer from PhilanTopic, are “survivors“. Nonprofits have traditionally faced much more capital constraints and their for-profit counterparts, and therefore [...]
The traditional image of a philanthropist - an older man in a vest sitting solemnly in a red armchair – is, well, too traditional. A new report published by Barclays Wealth shows that a new breed of wealthy philanthropists is emerging. They are younger, more socially aware, and more motivated to give back to the communities. Nicknamed the ‘Go Giver’, this ambitious [...]
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