A customized collection of grant news from foundations and the federal government from around the Web.
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...Selected Grant News Headlines
When it comes to getting a driver's license in the US, there's a lot of red tape.
In fact, more than half of the country's DMV offices are still manual, according to a new report from the...more
Virginia Rep.
Jennifer McClellan is the first black woman elected to Congress from her home state, and she's also the first black woman to represent it in the House of Representatives.
But...more
Foundation: Lilly Endowment
Indiana is adding $500 million to its coffers and the Lilly Endowment is throwing in $250 million for community and economic development programs designed by communities themselves, the Columbus...more
If you're in the market for a new website, you might want to check out this list of 30 nonprofit mission statements, rounded up by Nonprofit World.
They're great if you're in the market for a new...more
"One day, he decided to do something about it."
That's how Steve Bachand describes his $5 million donation to the University of Virginia's Darden School of Business, which will create the Stephen...more
"We are part of a global women's movement, and our effort is really directed towards the barriers that stand in the way for women in every aspect of their lives," Lisa Attonito, executive director...more
"In 10 years, the CO-WY Engine will generate significant economic impact for our region, including new climate technology-related jobs, $1.5 billion in regional impact, more than $1 billion in...more
A Utah ski resort is the first in the world to have installed a snow-making system that uses a mineral called feldspar, which is "very abundant and efficient" because of its ability to cause water...more
The people of the Democratic Republic of Congo's Bunyoro region are among the world's most vulnerable to the effects of climate change, especially when it comes to food security and nutrition, the...more
"We are making great progress, we are not there yet, and the road ahead requires more innovation," Tim Cook said Sunday during the China Development Forum in Beijing.
The Apple CEO was there as...more
Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.