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Facebook is one of the most recent examples of big tech making investment to ease California's housing crisis, which has led to a homelessness epidemic in recent years.
Facebook has pledged $1 billion and other tech giants such as Microsoft and Google have also committed to the cause.
Supporters say that tech giants like Facebook have a social responsibility to their community, their country, and their world. Because of their influence, Facebook, Microsoft, Google, and others have an opportunity to do good, and they should take every opportunity to be true leaders.
Nike, Patagonia, Dick's Sporting Goods are all examples of other corporations that have taken a stand to help solve societal issues.
Facebook's investment could positively impact the company in years to come. The article recommends that the best solution is for big tech and the government to work in tandem to achieve the larger societal solution.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more
"I was working in corporate America for one of the world's largest retail companies, and it was challenging and wonderful in many ways. But I was finding my truest fulfillment on Saturday...more
It's a sign of the times: A real estate research firm has been bought by a private equity firm in a deal that values the company at more than $1 billion. The New York Times reports on GRESB's...more
"The climate time-bomb is ticking. We need to seize the opportunity to invest in credible innovations that can contribute to reaching our global targets," UN Secretary-General Ant ? nio Guterres...more
"The urgency of the climate crisis demands innovative discoveries in research and the seamless integration of these solutions into our daily lives," Erica Smithwick, director of Penn State's Climate...more
Matt Damon and Gary White are putting their money where their mouth is. The two are co-founder and CEO of WaterEquity, a nonprofit that aims to improve access to safe water and sanitation around...more
Repsol, Spain's largest oil and gas company, is under fire from environmental groups for "greenwashing" its fuelsmeaning using palm oil instead of natural gasand is now facing a lawsuit from another...more
Foundation: Topeka Community Foundation
"God's people deserve a peaceful, quiet, and secure place to stay." Those are the words of Reden Jalosjos, co-owner of Reden Construction, as he breaks the ground on a new 25-unit affordable...more
The Toronto Stock Exchange kicked off its new social, environmental, and economic justice-focused exchange this week with the debut of SVX Impact Index, a first-of-its-kind database that tracks the...more
The Asian Development Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria are teaming up to fight infectious diseases in Asia and the Pacific. The two organizations on Tuesday...more
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
