Author Archive:
Elika Roohi
African Visionary Fund: playing the game to change the game
The African Visionary Fund – a pooled funder with support from King Baudouin Foundation’s U.S. arm, Segal Family Foundation, Skoll Foundation, and Tawingo Fund – launched in early 2020, almost simultaneously with the start of …
Wellcome Trust plans to bring £29 billion endowment to net zero by 2050
The Wellcome Trust has announced a strategy to bring its £29 billion endowment, invested in shares, hedge funds, private equity, and property, to carbon net zero by 2050. The foundation has been criticised in the …
MacKenzie Scott’s latest round of gifts prioritises philanthropy infrastructure
MacKenzie Scott has announced her latest round of financial gifts – this time allocating $2.7 billion to almost 300 organisations. Among the groups receiving grants are many U.S. philanthropy ecosystem and infrastructure bodies, which Scott …
Are American philanthropists funding the gaps which their tax avoidance has caused?
A report from ProPublica this week, citing leaked tax returns of some of the wealthiest Americans, alleged that most of these billionaires pay little to no tax on their wealth. Among the list are many …
Controversial UK coal mine will never happen, says COP Climate Champion
Nigel Topping, the person appointed by the UK Government as High Level Climate Action Champion, says a proposed coalmine in Cumbria won’t happen No new licenses: North Sea oil and gas licenses won’t be granted, …
How is philanthropy responding to India’s Covid-19 crisis?
Over 20 per cent of total Covid relief funding pledged in 2021 has been sent to India, according to Candid. Almost 50 grants and pledges worth a total of $285 million have been given to …
60+ funders to UK PM: race report findings unhelpful, divisive, damaging
‘We believe this to be unhelpful, divisive and potentially damaging,’ said 62 foundations, signing an open letter to UK Prime Minister Boris Johnson this week co-ordinated by the Association of Charitable Foundations, addressing the UK …
ACF report: Covid-19 has set back foundations’ work on climate change
An interim report on the progress of the UK climate philanthropy commitment has highlighted the need for foundations to accelerate efforts to fulfil their climate commitments, with many noting that the pandemic has slowed their …
Interview: Alix Guerrier, CEO of GlobalGiving
GlobalGiving is an organisation that focuses on a bottom-up approach to aid and supporting grassroots charitable projects. We wanted to understand how the crises of the last year – health, justice, political, environmental – changed …
Ford Foundation commits $15 million to Black Feminist Fund
The Ford Foundation has announced a commitment of $15 million to launch a new philanthropic fund focused on efforts to address key issues impacting Black women. Developed and led by a core group of Black …
