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
It's no secret that Africa's livestock industry plays a big role in the region's economy.
In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business...more
Foundation: Ford Motor Company Fund
The Ford Motor Company's philanthropic arm is getting a new name: Ford Philanthropy.
The rebranding reflects Ford's 75-year legacy of "driving impact in Ford communities around the world," says...more
The winner of this year's Sustainova Startup Challenge in Saudi Arabia has a message for the rest of the world: "If you want to save the planet, you have to start now."
The startup contest,...more
Pakistan's capital is home to more than 200 million people and is expected to see a massive increase in population by 2050 as the country's economy continues to grow at a rapid rate, the BBC...more
Foundation: Gates Foundation
One of the world's richest men is pushing to make Hong Kong a "philanthropic hub" in the region.
The city's chief executive, Leung Chun-ying, says he wants to make it "a bridge between China and...more
A Joplin, Mo., high school's science program is going to be able to keep going thanks to a $5,000 grant from the American Water Charitable Foundation.
The money will be used to fund future...more
The National Science Foundation held a "quantum technology showcase" on Capitol Hill this week to highlight research funded by the federal government into things like quantum computing and...more
Illinois American Waterthe largest regulated water and wastewater utility in the USis making a splash in its home state with a $200,000 donation to help clean up the Ohio River.
The utility has...more
If you're a teen in Lenawee County, Mich., and you love giving back to your community, you may want to consider becoming a member of the Lenawee YOUTH Council.
The council, a program of the...more
Sam Walton's grandson has raised $600 million for his climate-focused investment firm, S2G, the Chicago Tribune reports.
According to Forbes, 37-year-old Lukas Walton is worth an estimated $27.8...more
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.