The MicroDreams Foundation
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The MicroDreams Foundation
The MicroDreams Foundation is an American non-profit organization founded by Gregory Casagrande in 2002 as a microfinance accelerator that helps small, growing micro-enterprise development organizations reach financial self-sufficiency. Foundation collaborated in SPBD microfinance network to help young emerging partner microfinance institutions (MFIs) in Bolivia, Ecuador, and Peru. MicroDreams uses loans, loan guarantees, and technical assistance to provide economic opportunities to the poorest members of society. MicroDreams’ primary goal is to provide the global poor, in particular women, with the economic opportunity to empower them to work their way out of poverty. The non-profit provides financing to start-ups and Tier 3 microfinance institutions that otherwise would not be able to receive funding. Large microfinance investment vehicles and asset management firms tend to avoid providing funding to these types of microfinance institutions because they are considered too ...
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501(c)(3)
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.IR ...
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Tonga
Tonga (, ; ), officially the Kingdom of Tonga ( to, Puleʻanga Fakatuʻi ʻo Tonga), is a Polynesian country and archipelago. The country has 171 islands – of which 45 are inhabited. Its total surface area is about , scattered over in the southern Pacific Ocean. As of 2021, according to Johnson's Tribune, Tonga has a population of 104,494, 70% of whom reside on the main island, Tongatapu. The country stretches approximately north-south. It is surrounded by Fiji and Wallis and Futuna (France) to the northwest; Samoa to the northeast; New Caledonia (France) and Vanuatu to the west; Niue (the nearest foreign territory) to the east; and Kermadec (New Zealand) to the southwest. Tonga is about from New Zealand's North Island. First inhabited roughly 2,500 years ago by the Lapita civilization, Tonga's Polynesian settlers gradually evolved a distinct and strong ethnic identity, language, and culture as the Tongan people. They were quick to establish a powerful footing acr ...
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Oikocredit
Oikocredit (in full Oikocredit, Ecumenical Development Cooperative Society U.A.) is a cooperative society that offers loans or investment capital for microfinance institutions, cooperatives and small and medium-sized enterprises in developing countries. It is one of the world's largest private financiers of the microfinance sector. The idea for Oikocredit came from a 1968 meeting of the World Council of Churches. Following this, Oikocredit was established in 1975 in the Netherlands. As a co-operative, Oikocredit finances and invests in fair trade organisations, co-operatives, microfinance institutions, and small to medium-sized enterprises in many developing countries. In 2016 Oikocredit had offices in 31 countries. On 25 March 2010, Oikocredit announced that it had reached €1 billion in cumulative committed loans and investments since the organisation began its operations. In 2009, a year when financial institutions encountered difficult market conditions, Oikocredit achieved r ...
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Jasmine Social Investments
Jasmine Social Investments is a New Zealand-based private foundation started by the entrepreneur Sam Morgan in 2006 following the sale of his company Trade Me to Fairfax Media. Similar resources * Acumen Fund * Bill and Melinda Gates Foundation * Good Ventures * Mulago Foundation * Omidyar Network * Peery Foundation * Skoll Foundation * Draper Richards Kaplan Foundation Started in 2002, Draper Richards Kaplan Foundation (DRK Foundation) is a global venture philanthropy firm supporting social enterprises. History The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capit ... References External links * {{Official website, http://www.jasmine.org.nz Foundations based in New Zealand 2006 establishments in New Zealand ...
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Sam Morgan (entrepreneur)
Sam Morgan (born 1975) is best known as the founder of Trade Me, New Zealand's largest online auction site, which he sold in 2006 to Australian media company Fairfax for over NZ$700 million. Personal history Morgan grew up in Wellington, New Zealand, with his father economist Gareth Morgan and mother Jo Morgan a local bus driver. He attended Newtown School, Rongotai College and Victoria University of Wellington before opting out in 1995. Professional history Morgan worked for IT consultancy Deloitte before leaving to start up Trade Me in 1999. Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront. On March 6, 2006, John Fairfax Holdings agreed to buy Trade Me for NZ$700 million, plus another NZ$50 million if financial targets were met over the next two years. Sam Morgan received $227 million (excluding future bonuses), making him one of the richest people in New Zealand overnight. Morgan is now an investor and ad ...
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Mulago Foundation
The Mulago Foundation is a private foundation focused on high impact philanthropy: investing in charities and philanthropic opportunities that have the highest impact. The foundation was originally envisioned by Rainer Arnhold, a San Francisco pediatrician and philanthropist, who taught at Mulago Hospital, Uganda. The foundation was officially created by his brother Henry Arnhold after Rainer Arnhold's death in 1993. Operations Criteria for funding organizations The Foundation's stated goal is to identify and invest in the highest impact giving opportunities. On their "How we fund" page, they write that they are looking for three things: a ''priority problem'', a ''scalable solution'', and ''an organization that can deliver''. Once they identify an organization they wish to fund, they provide unrestricted and continued funding. Unlike most foundations, the Mulago Foundation does not accept or solicit proposals, but rather, the foundation itself tries to locate organizations to gi ...
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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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Mercy Corps
Mercy Corps is a global non-governmental, humanitarian aid organization operating in transitional contexts that have undergone, or have been undergoing, various forms of economic, environmental, social and political instabilities. The organization claims to have assisted more than 220 million people survive humanitarian conflicts, seek improvements in livelihoods, and deliver durable development to their communities. In 2019, senior staff resigned following public disclosure of the organization's longtime inaction over its co-founder's sexual abuse of his daughter. Mercy Corps proposes a mission to "alleviate suffering, poverty and oppression by helping people build secure, productive and just communities." As of August 2021, the organization reports to be operating within 38 countries, including Afghanistan, Central African Republic, Myanmar and Yemen, with programs focused in a number of humanitarian sectors ranging from conflict management, children & youth to agriculture and f ...
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United Nations Development Program
The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. Headquartered in New York City, it is the largest UN development aid agency, with offices in 170 countries. The UNDP emphasizes developing local capacity towards long-term self-sufficiency and prosperity. It administers projects to attract investment, technical training, and technological development, and provides experts to help build legal and political institutions and expand the private sector. The UNDP operates in 177 countries and is funded entirely by voluntary contributions from UN member states. Also, UNDP is governed by a 36-member executive board overseen by an administrator, who is third-highest ranking UN official after the Secretary-General and Deputy Secretary-General. Founding The UNDP was founded on 22 Nove ...
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2009 Samoa Earthquake And Tsunami
The 2009 Samoa earthquake and tsunami took place on 29 September 2009 in the southern Pacific Ocean adjacent to the Kermadec-Tonga subduction zone. The submarine earthquake occurred in an extensional environment and had a moment magnitude of 8.1 and a maximum Mercalli intensity of VI (''Strong''). It was the largest earthquake of 2009. The earthquake initiated with a normal-faulting event with a magnitude of 8.1. Within two minutes of the earthquake rupture, two large magnitude 7.8 earthquakes occurred on the subduction zone interface. The two magnitude 7.8 earthquakes had a combined magnitude equivalent to 8.0. The event can be considered a doublet earthquake. Normal and thrust faulting triggered a tsunami which caused substantial damage and loss of life in Samoa, American Samoa, and Tonga. The Pacific Tsunami Warning Center recorded a rise in sea levels near the epicenter, and New Zealand scientists determined that the waves measured at their highest on the Samoan coast. The ...
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Submarine Earthquake
A submarine, undersea, or underwater earthquake is an earthquake that occurs underwater at the bottom of a body of water, especially an ocean. They are the leading cause of tsunamis. The magnitude can be measured scientifically by the use of the moment magnitude scale and the intensity can be assigned using the Mercalli intensity scale. Understanding plate tectonics helps to explain the cause of submarine earthquakes. The Earth's surface or lithosphere comprises tectonic plates which average approximately 50 miles in thickness, and are continuously moving very slowly upon a bed of magma in the asthenosphere and inner mantle. The plates converge upon one another, and one subducts below the other, or, where there is only shear stress, move horizontally past each other (see transform plate boundary below). Little movements called fault creep are minor and not measurable. The plates meet with each other, and if rough spots cause the movement to stop at the edges, the motion of the ...
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Solomon Islands
Solomon Islands is an island country consisting of six major islands and over 900 smaller islands in Oceania, to the east of Papua New Guinea and north-west of Vanuatu. It has a land area of , and a population of approx. 700,000. Its capital, Honiara, is located on the largest island, Guadalcanal. The country takes its name from the wider area of the Solomon Islands (archipelago), which is a collection of Melanesian islands that also includes the Autonomous Region of Bougainville (currently a part of Papua New Guinea), but excludes the Santa Cruz Islands. The islands have been settled since at least some time between 30,000 and 28,800 BCE, with later waves of migrants, notably the Lapita people, mixing and producing the modern indigenous Solomon Islanders population. In 1568, the Spanish navigator Álvaro de Mendaña was the first European to visit them. Though not named by Mendaña, it is believed that the islands were called ''"the Solomons"'' by those who later receiv ...
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