Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up

The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people.

Here's what you need to know: The richest 1% of people on the planet have seen their wealth increase by an average of $2.7 billion per day since 2020.

That's the first time in 25 years that extreme wealth and extreme poverty have increased at the same time, according to Oxfam's "Survival of the Richest" report.

"While ordinary people are making daily sacrifices on essentials like food, the super-rich have outdone even their wildest dreams," says Gabriela Bucher, executive director of Oxfam International, per the Guardian.

Oxfam is calling for a wealth tax on the world's richest, arguing that such a tax could raise $1.7 billion a year, enough to lift 2 billion people out of poverty.

Giving to Amplify Earth Action: The WEF on Tuesday launched Giving to Amplify Earth Action, an initiative to increase philanthropic funding to tackle climate change and biodiversity loss, per the Guardian.

The group estimates that $3 trillion is needed to address climate change and biodiversity issues, and CEO Per Heggenes of the Ikea Foundation says it's "unacceptable" that just 2% of... Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Harvard Business School'S New Venture Competition Awards $225K in Cash Prizes

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The Our Fund Foundation and Community Foundation of Broward'S 2024 Lgbtq+ Social ...
Foundation: Community Foundation of Broward

Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more

School Board Set to Name Superintendent Finalists

The superintendent of a Georgia school district is stepping down after less than two years on the job. Dalton Public Schools Superintendent Tim Scott, who began in the position in 2018, will take...more

Senate Bill Encouraging Mental and Physical Health Education in Schools Works Its Way ...

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Challenges of Hinterland Tourism

If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more

Australian Entrepreneur Hailed for Cleaning Philippines' Trash-Strewn River €“ but Will It Last?

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Devin Booker Starting 5 2023-24 Grant Recipients Announced

Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more

Hornady Manufacturing Presents Significant Donation to Ccc

Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more

Juul Speaks at Golden K Club

It's not every day that a group of senior citizens wins a big prize, but that's exactly what happened to seniors in Kingsford, ND, last week. The Dickinson Area Community Foundation's Golden K...more

Tbm Receives $50,000 Youth Climate Action Grant
Foundation: Bloomberg Philanthropies

A small Canadian town is getting $50,000 to help its youth fight climate change, the CBC reports. "We are super excited about this, because we are one out of 100 municipalities in the world that...more





Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.