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News & Events | 20 May 2013 | Investments in Africa, Health & Agriculture, Generous U at Penn, Giving Pledge

May 20, 2013

In case you missed it…

Last week, we profiled the latest investments in Philadelphia by the GreenLight Fund and also said our farewells to the University of Pennsylvania’s Class of 2013.

Our founding executive director, Kat Rosqueta, is quoted in The Wall Street Journal’s The New Science of Giving. The article features the work of the Laura and John Arnold Foundation and touches on topics such as “Moneyball” and “high input” giving, as well as the “cockiness” required for practicing high impact philanthropy.

Investments in Africa

At the recent Milken Institute Global Conference, the final session focused on African investment with messages of partnerships and taking care of employees as part of a smart investment that leads to economic and community development. The video is provided below.

Coors-Led Fund Joins Carlyle in African Private Equity Deals: This article in Bloomberg highlights an alternative perspective that philanthropy isn’t needed in africa as it doesn’t work for economic development.

Introducing the Baseline Profitability Index: Daniel Altman’s first publishing of the Baseline Profitability Index (BPI)—which includes six African countries in the top 20—just before this year’s World Economic Forum on Africa.

Where Private School Is Not a Privilege: In Fixes, Tina Rosenberg wrote about the BRAC educational model, which originated in Bangladesh but has also been employed in parts of Africa. This is the first of a two-part series, which will also profile Bridge International Academies, another (but very different) educational model being implemented in Africa that also has shown positive results.

Stop the Plunder of Africa: In a cautionary piece regarding types of investment, this Op-Ed by former UN Secretary General Kofi Annan argues that the exploitation of natural resources in Africa has not, in fact, contributed to broad-based growth and development.

Community Health & International Agriculture

How A Florida Medical School Cares For Communities In Need: NPR shows how Florida International University medical school’s NeighborhoodHELP program delivers impact by meeting clients where they are, with solutions such as mobile clinics and food pantries. Other similar types of high impact approaches can be found here and here.

Bill Gates: Agricultural Productivity Is Key to Reducing World Poverty: Bill Gates believes that investments in agriculture are a model for success. We agree. See our “Sustainable Agriculture” solution from our guidance in Haiti: How Can I Help?.

Generous U at Penn

University of Pennsylvania AMF Chapter Wins Generous U Grant!: The Sillerman Center for the Advancement of Philanthropy at Brandeis University awarded $1,000 to a national, student-run Penn support group for those dealing with loss.

More Giving, More Pledging

Spanx Mogul Sara Blakely Becomes First Female Billionaire To Join Gates-Buffett Giving Pledge: The youngest female billionaire in the world, whose current giving is geared towards women and girls, has recently joined eight others in the Giving Pledge.

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