Microfinancing on a Macro Budget: May 2008
Thursday, June 26th, 2008This ingenious means of empowering needy entrepreneurs is increasingly attractive to wealthy donors. Here’s what you need to know…
A $1-Billion Call for Change: Fed up with America’s descent into debt, an investor starts a philanthropy to press for a new approach
Tuesday, June 24th, 2008You wouldn’t know it to look at him, but Peter G. Peterson is mad as hell.
Festering underneath his measured, soft-spoken demeanor is strong dissatisfaction with how the United States government is handling its long-term fiscal health…Read More.
How some nonprofits successfully obtain funds for operating expenses—keeping the lights on and furthering their missions and programs in the process
Thursday, May 29th, 2008Sometimes the direct approach is the most effective way to make funders realize the importance of supporting overhead. Melissa A. Berman, president and CEO of Rockefeller Philanthropy Advisors In New York, recalls advising a donor…
Rockefeller Philanthropy Advisors Establishes Fund for Chinese Earthquake Survivors, 5/26/08
Thursday, May 29th, 2008Rockefeller Philanthropy Advisors has announced that it is coordinating a donor appeal through the Bridge Fund to provide direct relief to survivors of the Sichuan earthquake in China.
Special Fund Created to Provide Direct Relief to Victims of the Earthquake in China
Thursday, May 22nd, 2008Rockefeller Philanthropy Advisors Launches Initiative with The Bridge Fund to Support Work on the Ground in Sichuan Province
NEW YORK, May 22, 2008 - In the face of unspeakable destruction and untold human tragedy caused by the recent earthquake in Sichuan Province of China, Rockefeller Philanthropy Advisors today announced that it is coordinating a donor appeal through The Bridge Fund, one of its special projects that has developed long-standing relationships with local and national Chinese charitable organizations since its establishment 12 years ago.
Working in close coordination with China Charity Federation, Sichuan International Friendship Association and the Sichuan Red Cross, the Rockefeller Philanthropy Advisors initiative - The Bridge Fund Sichuan Earthquake Compassion Fund - will assist approximately 100,000 people affected by the earthquake over a 12-month period. The fund will meet immediate needs in the region by providing critical supplies, including food, drinking water, tents, quilts, warm clothes, jerry cans, kitchen sets, illuminating equipment and medical services, including disease control.
The Bridge Fund is well situated to work effectively and swiftly on the ground having collaborated extensively with organizations based in Sichuan Province, including Chengdu, Aba Prefecture and Ganzi Prefecture, according to Melissa Berman, President and CEO of Rockefeller Philanthropy Advisors.
“The Bridge Fund will make use of its strong, deeply rooted relationships with non-governmental organizations based in Sichuan Province, providing a unique opportunity for donors who want the assurance that their contributions will have a direct impact and bring immediate relief to those who are undergoing such suffering,” Berman said.
Over the years, The Bridge Fund has worked with local partners in the most remote and hardest to reach areas of the region supporting healthcare, education, community development, cultural heritage preservation and environmental conservation.
“Our heart goes out to all the people who have been affected by this catastrophe, which has so devastated the vibrant communities that have been part of our lives for many years,” said Monica Garry, Executive Director of the Bridge Fund. “We hope that our work and familiarity in the region will help us anticipate and meet the needs of those who are suffering.”
Donations provided through the fund will aim to meet the initial appeal from the International Red Cross to raise $19.3 million dollars for the benefit of the Red Cross Society of China relief efforts. Contributions from the special fund will also be targeted to support a second phase of community rebuilding efforts, especially in the remote areas of Aba Prefecture to assist Chinese and Tibetans who have been injured, have lost their jobs and homes.
Donations may be made to:
The Bridge Fund Sichuan Earthquake Compassion Fund
Rockefeller Philanthropy Advisors
6 West 48th Street, 10th floor
New York, NY 10036
About Rockefeller Philanthropy Advisors
Rockefeller Philanthropy Advisors www.rockpa.org is an independent, nonprofit service that develops and manages effective giving programs for individuals, families, foundations and trusts. In 2007, Rockefeller Philanthropy Advisors advised on more than $165 million in giving in 30 countries. Headquartered in New York City, with offices in San Francisco and Los Angeles, it traces its antecedents to John D. Rockefeller, Sr., who in 1891 began to professionally manage philanthropy “as if it were a business.” He set the style of family giving by specifying that grants would be used “for the well-being of people throughout the world.” Rockefeller Philanthropy Advisors also includes The Philanthropic Collaborative, a special charitable gift fund vehicle managed solely as a service to clients.
About The Bridge Fund
The Bridge Fund www.bridgefund.org, established in 1996, strives to fulfill its mission of promoting sustainable economic development, environmental conservation and cultural heritage preservation in Tibetan communities in China. Its priority is to assist the most disadvantaged of these communities, which lack or have limited access to economic opportunities, technical skills, education, and health care. Current programs are focused on education, healthcare, cultural preservation, business, environment and community development.
Pursuing Operating Support: Tips From Experts, 5/13/08
Friday, May 16th, 2008In pursuing operating-support grants, experts say, charities can improve their chances of success by taking the following actions…
New Report Examines Foundation Diversity, 4/29/08
Friday, May 16th, 2008Over the past twenty-five years, the share of grant dollars targeting minority populations has grown modestly, even as staff diversity at foundations doubled, a new report from Rockefeller Philanthropy Advisors finds.
Public firms face host of social and environmental concerns, 4/17/08
Thursday, April 17th, 2008Here’s a different campaign story: Foundations or their investment managers are poring over shareholder proxy statements to determine how to vote during Corporate America’s annual meeting season.
Guide explores mission-related investing - Philanthropy Journal, 3/20/08
Monday, March 24th, 2008
Philanthropy Journal
Guide explores mission-related investing
March 20, 2008
The emerging practice of mission-related investing, or investing assets to achieve social as well as financial returns, is the focus of a new guide published by Rockefeller Philanthropy Advisors.
In addition to outlining policies and procedures to be used by foundation trustees, “Philanthropy’s New Passing Gear: Mission-Related Investing” includes case studies from funders like the W.K. Kellogg Foundation, Robin Hood Foundation and F.B. Heron Foundation.
“Foundations in the United Sates have $600 billion in their endowments and can unleash more of their resources to positively change societies today,” Doug Bauer, senior vice president of Rockefeller Philanthropy Advisors and co-author of the guide, says in a statement. “As a result, mission-related investing is an idea whose time has come.”
The guide provides information on a variety of topics for foundations, including
- structuring a policy discussion among board members
- integrating mission-related investing into existing programs
- choosing investment consultants
- monitoring portfolios
Foundations align investments with their charitable goals
Los Angeles Times, 12/29/07
Saturday, December 29th, 2007
By: Charles PillerLos Angeles Times Staff Writer
In a sharp break from past practice, major charitable foundations are initiating or strengthening efforts to harmonize the social and environmental effect of their endowment investments with their philanthropic goals.”A head of steam has been created around the issue of ‘mission-related investing,’ ” said Douglas Bauer, senior vice president of Rockefeller Philanthropy Advisors, which consults with foundations. “More and more foundations are wrestling with the issue.”
Read more…
Recent News
- Microfinancing on a Macro Budget: May 2008
- A $1-Billion Call for Change: Fed up with America’s descent into debt, an investor starts a philanthropy to press for a new approach
- How some nonprofits successfully obtain funds for operating expenses—keeping the lights on and furthering their missions and programs in the process
- Rockefeller Philanthropy Advisors Establishes Fund for Chinese Earthquake Survivors, 5/26/08
- Special Fund Created to Provide Direct Relief to Victims of the Earthquake in China
- Pursuing Operating Support: Tips From Experts, 5/13/08
- New Report Examines Foundation Diversity, 4/29/08
- New Report Provides Data on Foundation Diversity
- Public firms face host of social and environmental concerns, 4/17/08
- Guide explores mission-related investing - Philanthropy Journal, 3/20/08
Yearly Archives
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- Microfinancing on a Macro Budget: May 2008
- A $1-Billion Call for Change: Fed up with America’s descent into debt, an investor starts a philanthropy to press for a new approach
- How some nonprofits successfully obtain funds for operating expenses—keeping the lights on and furthering their missions and programs in the process