Author Archive:
Shafi Musaddique
Cariplo Foundation president on bridging divide between local and global inequalities
Giovanni Azzone cuts a sharp figure. The spectacled and suited president of the Cariplo Foundation, one of Italy’s biggest foundations, is softly spoken – but has big ambitions. With an endowment of 9 billion euros, …
Philea Research Forum: How can foundations shape future innovation
Italian philanthropic tradition stretches back to ancient Rome. Modern Italian philanthropy, however, recently flourished in the 1990s when savings bank foundations emerged. Today they collectively hold half of all Italian philanthropic assets, or 21 per …
Engage in trust based philanthropy for long term impact, says IRC
The International Rescue Committee (IRC) has launched a report publishing key findings from the largest intervention into early childhood in the world. The release of the publication marks thirteen years since the start of …
Open Society Foundations announces new president amid continued overhaul
The Open Society Foundations (OSF), founded by George Soros in 1979 with the goal of boosting human rights and democratic institutions globally, has announced Binaifer Nowrojee as its new president. The appointment breaks with a …
Ramadan 2024: Islamic philanthropy surges as UN delivers warning
Islamic philanthropy raised a record $46 million for 2 million displaced people in 2023, according to a report released the United Nations Refugee Agency (UNHCR) to mark the beginning of Ramadan, the Islamic holy month …
Civil society grants announced amid backdrop of democratic renaissance
Philanthropy’s involvement in bolstering civil society is growing. Nine new grants, at a total of £2 million, have been announced by the UK-based Paul Hamlyn Foundation as it aims to make civil society more equitable …
Private philanthropy on the rise in India, Dasra report finds
Private philanthropy is on the rise in India, mostly powered by family-backed philanthropy, and is predicted to expand by 10 to 15 per cent year-on-year over the next five years, according to a new report …
Major philanthropist Jacob Rothschild dies aged 87
Jacob Rothschild, a giant in the world of philanthropy, has died at the age of 87. Synonymous with high finance, Rothschild’s love for the arts was arguably his most dedicated passion. His philanthropic projects were …
Hilton Foundation and USAid agree framework for local led development
The United States Agency for International Development, otherwise known as USAid, has signed an agreement with the Hilton Foundation in a government-foundation partnership. Early childhood development, youth empowerment, disaster response and humanitarian assistance, safe water …
Half a billion dollar local journalism initiative expands across US
A national coalition of funders investing over $500 million to boost local journalism in the US is expanding into 17 new regions and communities. Mississippi, Wyoming and New Mexico are among US states joining the Press …