Home
Focus Areas
About Us
Outdoors outfitter Patagonia is giving away all its money to fight climate change, the Los Angeles Times reports.
The company's owner, Yvon Chouinard, announced Wednesday that he and his family are giving up their 98% stake in the company and transferring it to an environmental nonprofit called the Holdfast Collective.
The remaining 98% of the company will be given to the Patagonia Purpose Trust, which will "protect the company's values," Chouinard said in a statement.
The company will continue to be a for-profit entity in California, but every year, Chouinard says, money from the company's profits will be invested in the company and the rest will go to the Holdfast Collective to fight climate change.
According to the Ventura County Star, Patagonia's first environmental grant was to save the waves at the mouth of the Ventura River in the 1970s.
"From the top down, they're all in on protecting the planet but also protecting Ventura," says a local activist.
"We all looked at that as a really positive move by them and wish that other companies would follow suit." Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more
Foundation: Citi Foundation
"To the youth, I urge you to be proactive, resilient, and persistent on your entrepreneurial journey," says the UN's resident representative in the Philippines. "Make your voices heard, take up...more
Canada is putting its money where its mouth is, with a $2.5 million investment in five projects in India meant to help the country's poor, the Toronto Star reports. "Many of these novel projects...more
Foundation: Hawaii Community Foundation
If you're in your 60s or older and looking for adult day care in Maui, you're in luck. The nonprofit Maui Adult Day Care Centers lost its West Maui Center in the Lahaina fire last August, but...more
"Africa faces significant healthcare challenges," says Mopelola Ajegbile, founder of Pishon Health. "However, the continent is also brimming with talented innovators developing solutions...more
A 16-year-old from Rhode Island is headed to Washington, DC, in April to compete in the Poetry Out Loud national finals. Jennifer Shon, a junior at Portsmouth Abbey School, won the state...more
A Louisiana community college is adding a new concentration to its culinary arts degreeand it's all about health. Sowela Technical Community College's new Culinary Medicine Concentration blends...more
Bill Gates visited Ketchikan, Alaska, last week to see a company he's invested in that could help fight climate change, CBS News reports. The Microsoft co-founder was there to visit e-fuel...more
If you're in Allentown, Pa., this summer, you'll be hearing a lot about your air quality from an unlikely source: outside schools. The city is teaming up with the Center for Sustainable...more
Social Entrepreneurship
Spotlight
Calgary Social Enterprise Offers High-Tech Services by People with Autism
Meticulon, a project of Autism Calgary Association in partnership with the federal government and the Sinneave Family Foundation, operates as a social enterprise that renders high-tech services provided by people with autism, leveraging their natural abilities at requiring attention to detail, repetition, and sequencing.
