Home
Focus Areas
About Us
"No matter how hard we work, until we get our capital aligned, we're not going to fix the problems," Cory Donovan, executive director of ImpactPHL, tells Technical.ly.
That's why the nonprofit in Philadelphia is holding its annual Total Impact Summit on May 1-2, where more than 85 speakers from impact investing, foundation, social finance, and venture capital will discuss how to use capital to create positive change.
"Do you know where your 401K is being invested? Most people don't, but where your investments go mattersa lot," Donovan says.
"For example, you can give time and money to causes that fight the gender wage gap and say you support equal pay for women," he explains.
"But if you're investing in companies that don't pay women as much as they pay men, then you're inadvertently helping perpetuate the problem."
Impact investing is a more advanced version of " values-aligned investing," in which assets are invested in ways that align with one's values.
For example, Triple Bottom Brewing, a social enterprise based in Philadelphia, might be investing in racial justice, Donovan says.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"When students succeed, our entire community prospers," says the CEO of Florida's Barancik Foundation, which has awarded nearly $6 million in grants to support education, youth development,...more
Employees of Savings Bank of Danbury in Connecticut are putting their money where their mouth is. The bank's foundation has awarded more than $301,000 in grants to 113 non-profit agencies in the...more
Michael Orth has spent three decades working to improve children's mental health in New York's Westchester County, and on Tuesday he received the state's Lifetime Achievement Award for his...more
"We may have never imagined that fascism would be looming in our lifetimes, and yet, this is where we find ourselves." That's the takeaway from a New York Times op-ed by actress and activist...more
When the Intergovernmental Panel on Climate Change released its latest report last month, it warned that the West Antarctic ice sheet is melting and warming twice as fast as previously thoughtand...more
The House is set to vote Monday on a bill that would make it harder for noncitizens to vote in federal elections. The SAVE Actshort for Safeguard American Voter Eligibilityis the brainchild of...more
The House is set to vote Monday on a bill that would make it harder for noncitizens to vote in federal elections. The SAVE Actshort for Safeguard American Voter Eligibilityis the brainchild of...more
Lisette Nieves was the first Puerto Rican woman and the first Brooklyn College grad to be a Rhodes scholar when she graduated from the college in 1992. Now she's the president of the Fund for the...more
"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more
If you're an artist, journalist, activist, or other professional working in an area affected by organized crime, you may be in luck. The Globe and Mail is now accepting applications for its 2024...more
Social Entrepreneurship
Spotlight
Celebrity Chef Jamie Oliver Backs Social Saturday
UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.
