Center For High Impact Philanthropy
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Center For High Impact Philanthropy
The Center for High Impact Philanthropy is a center at the School of Social Policy and Practice at the University of Pennsylvania in the United States. The center focuses on high impact philanthropy, both in the US and internationally. The Center puts out studies, papers, and briefings on how to maximize the impact of one's philanthropy. Among the materials available on their website are: a primer on high impact philanthropy, and a guide on holiday giving. History According to its website, the Center for High Impact Philanthropy was established in the Spring of 2006 by the dean of the school and a small group of anonymous alumni of the Wharton School of Business (the business school of the University of Pennsylvania). Funding The Center for High Impact Philanthropy relies on a number of foundations for its funding, including the William and Flora Hewlett Foundation and the Ford Foundation. Media and blog coverage The Center for High Impact Philanthropy has been mentioned tw ...
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University Of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universities by numerous organizations and scholars. While the university dates its founding to 1740, it was created by Benjamin Franklin and other Philadelphia citizens in 1749. It is a member of the Ivy League. The university has four undergraduate schools as well as twelve graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the School of Engineering and Applied Science, the Wharton School, and the School of Nursing. Among its highly ranked graduate schools are its law school, whose first professor wrote the first draft of the United States Constitution, its medical school, the first in North America, and Wharton, the first collegiate business school. Penn's endowment is US$20.7 billion ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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High Impact Philanthropy
Effective altruism is a philosophical and social movement that advocates "using evidence and reason to figure out how to benefit others as much as possible, and taking action on that basis". People who pursue the goals of effective altruism, called , often choose careers based on the amount of good that the career achieves while donating to charities based on maximising impact. The movement developed during the 2000s, and the name was coined in 2011. Prominent philosophers influential to the movement include Peter Singer, Toby Ord, and William MacAskill. Several books and many articles about the movement have since been published, and the Effective Altruism Global conference has been held since 2013. As of 2022, several billion dollars have been committed to effective altruist causes. Popular cause priorities within effective altruism include global health and development, social inequality, animal welfare, and risks to the survival of humanity over the long-term future. Ef ...
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Wharton School Of Business
The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Generally considered to be one of the most prestigious business schools in the world, the Wharton School is the world's oldest collegiate business school, having been established in 1881 through a donation from Joseph Wharton. The Wharton School awards the Bachelor of Science with a school-specific economics major, with concentrations in over 18 disciplines in Wharton's academic departments. The degree is a general business degree focused on core business skills. At the graduate level, the Master of Business Administration (MBA) program can be pursued standalone or offers dual studies leading to a joint degree from other schools (e.g., law, engineering, government). Similarly, in addition to its tracks in accounting, finan ...
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William And Flora Hewlett Foundation
The William and Flora Hewlett Foundation, commonly known as the Hewlett Foundation, is a private foundation, established by Hewlett-Packard cofounder William Redington Hewlett and his wife Flora Lamson Hewlett in 1966. The Hewlett Foundation awards grants to a variety of liberal and progressive causes. With assets of approximately $14 billion, Hewlett is one of the wealthiest grant makers in the United States. The Foundation has grantmaking programs in education, the environment, global development and population, the performing arts, and philanthropy. The Hewlett Foundation is based in Menlo Park, California. History Bill and Flora Hewlett consolidated their philanthropic activity into the William R. Hewlett Foundation, which Bill, aged 53, founded in 1966 in their Palo Alto, California, home. Founding board members were Bill, Flora, and the couple's oldest son, Walter Hewlett. The years 1966-1972 were referred to as "the living room years". Flora Hewlett served as a board m ...
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Ford Foundation
The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death of the two founders, the foundation owned 90% of the non-voting shares of the Ford Motor Company. (The Ford family retained the voting shares.) Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company. Ahead of the foundation selling its Ford Motor Company holdings, in 1949, Henry Ford II created the , a separate corporate foundation that to this day serves as the philanthropic arm of the Ford Motor Company and is not associated with the foundation. The Ford Foundation makes grants through its headquarters and ten international field offices. For many years, the foundation's financial endowment was the largest private endowment in the world; it remains among the wealthie ...
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GiveWell
GiveWell is an American non-profit charity assessment and effective altruism-focused organization. GiveWell focuses primarily on the cost-effectiveness of the organizations that it evaluates, rather than traditional metrics such as the percentage of the organization's budget that is spent on overhead. History In 2006 Holden Karnofsky and Elie Hassenfeld, who worked at a hedge fund in Connecticut, formed an informal group with colleagues to evaluate charities based on data and performance metrics similar to those they used at the fund, and were surprised to find the data often didn't exist. The next year, Karnofsky and Hassenfeld formed GiveWell as a nonprofit to provide financial analyst services to donors. They eventually decided to rate charities based on the metric of how much money it cost to save a life. In the first year, funding to run the nonprofit was provided by a fund called the Clear Fund into which the former members of informal club, now directors of GiveWell, h ...
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Philanthropic Organizations Based In The United States
Philanthropy is a form of altruism that consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors, which are public initiatives for public good, notably focusing on provision of public services. A person who practices philanthropy is a philanthropist. Etymology The word ''philanthropy'' comes , from ''phil''- "love, fond of" and ''anthrōpos'' "humankind, mankind". In the second century AD, Plutarch used the Greek concept of ''philanthrôpía'' to describe superior human beings. During the Middle Ages, ''philanthrôpía'' was superseded in Europe by the Christian virtue of ''charity'' (Latin: ''caritas''); selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity extends not only to the love of God, but also to the love of our neighbor". Philanth ...
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