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$10m social impact fund to support communities in Hong Kong

28 July 2021
Alliance magazine

The Hong Kong Exchanges and Clearing Foundation has announced a $10 million pledge to a social impact scheme that will support short-to-medium term local community projects focusing on financial literacy, diversity and inclusion, poverty relief, and environmental sustainability. ‘HKEX Foundation is very proud to be launching this programme as part of its overall philanthropic initiatives,’ said the Foundation’s Chairperson Laura M Cha. ‘In the last 12 months, HKEX Foundation has channelled more than $174 million …

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Awards recognise innovative work responding to natural disasters in Asia

23 July 2021
Alliance magazine

A Singapore-based organisation, EcoWorth Tech, and the Simson Center from the United States have been announced as winners of the 2021 SAFE STEPS Disaster Tech Awards. The Awards, organised by the Prudence Foundation and the International Federation of Red Cross, recognise the essential role that technology plays in protecting and saving lives before, during, and after natural disaster events. The innovative oil spill recovery programme and dam water level monitoring solutions have each received a …

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£50m for Black, minority communities in new partnership

16 July 2021
Alliance magazine

The National Lottery Community Fund and The Ubele Initiative, on behalf of The Phoenix Way Partners, announced a new £50 million partnership aimed to boost funding and support to Black and minoritised Community charities and grassroots groups over the next five years. ‘The Phoenix Way’ will create a series of national and regional panels, made of leaders and decision-makers from Black and minoritised community-led charities and grassroots groups from across England. The Phoenix Way National …

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Philanthropy must act to transform global food systems

14 July 2021
Alliance magazine

The Global Alliance for the Future of Food has launched a report calling the philanthropy community to action when it comes to transforming food systems. The report, ‘How to Transform Food Systems’, is being released ahead of the UN Food Systems Summit 2021 and COP26, which the Global Alliance for the Future of Food Hopes will catalase transformation. ‘We are very excited to see the Global Alliance membership mobilize around these seven calls to action. …

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UK foundations measure themselves with ACF’s Stronger Foundations tool

10 July 2021
Alliance magazine

A new report from ACF compiling data from more than 50 charitable foundations using the Stronger Foundations self-assessment tool has …

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Funders must centre community-led work to achieve meaningful change

9 July 2021
Alliance magazine

A recent report from the Firelight Foundation explores the concept of community-driven systems change and provides practical guidance for donors. …

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Climate Funders Justice Pledge signatories are resourcing BIPOC-led groups at higher percentage than peers

7 July 2021
Alliance magazine

New data released by the Donors of Color Network finds that most foundations who have taken its Climate Funders Justice …

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Hewlett Foundation appoints new director of its Effective Philanthropy Group

4 July 2021
Alliance magazine

The Hewlett Foundation has appointed Jehan Velji as its new Director of its Effective Philanthropy Group. Velji is a philanthropy …

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Wellcome Trust plans to bring £29 billion endowment to net zero by 2050

2 July 2021
Elika Roohi

The Wellcome Trust has announced a strategy to bring its £29 billion endowment, invested in shares, hedge funds, private equity, …

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Co-Impact announces new $1 billion Gender Fund

1 July 2021
Alliance magazine

Co-Impact has announced a new Gender Fund that aims to raise and deploy $1 billion. The fund will launch at …

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New guidelines for donors highlight how to fund effectively in Pakistan

30 June 2021
Alliance magazine

The Pakistan Centre for Philanthropy has released ‘Giving to Pakistan: Guidelines for Donors’, a report seeking to inspire and support …

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Public-private partnerships for social good proliferate across Asia

28 June 2021
Alliance magazine

A new report on public-private partnerships in Asia by the Centre for Asian Philanthropy and Society highlights a growing regional …

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IKEA, Rockefeller Foundations pledge $1 billion to fund renewable energy in developing nations

26 June 2021
Alliance magazine

The IKEA Foundation and Rockefeller Foundation announced this week that the two funders would be joining forces to set up …