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Venture Philanthropy
Venture philanthropy is a type of impact investment that takes concepts and techniques from venture capital finance and business management and applies them to achieving philanthropic goals. The term was first used in 1969 by John D. Rockefeller III to describe an imaginative and risk-taking approach to philanthropy that may be undertaken by charitable organizations. Examples In the year 2000, the Chicago Public Education Fund became the only venture philanthropy in the United States focused on a single urban school district, which served as a catalyst and strategic investment partner for Mayor Richard M. Daley and four Chicago Public Schools (CPS) administrations. Other examples of this type of venture philanthropy are New Profit Inc., the Robin Hood Foundation, Tipping Point Community, Cure Alzheimer's Fund, The Redstone Acceleration & Innovation Network (TRAIN) initiative from FasterCures, the Asian Venture Philanthropy Network (AVPN), Social Ventures Australia (SVA) in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impact Investment
Impact investing refers to investments "made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return". At its core, impact investing is about an alignment of an investor's beliefs and values with the allocation of capital to address social and/or environmental issues. Impact investors actively seek to place capital in businesses, nonprofits, and funds in industries such as renewable energy and education. microfinance, Institutional investors, notably North American and European development finance institutions, pension funds and endowments have played a leading role in the development of impact investing. Under Pope Francis, the Catholic Church saw an increased interest in impact investing. Impact investing occurs across asset classes; for example, private equity/venture capital, debt, and fixed income. Impact investments can be made in either emerging or developed markets, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biotechnology
Biotechnology is a multidisciplinary field that involves the integration of natural sciences and Engineering Science, engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists in the field are known as biotechnologists. The term ''biotechnology'' was first used by Károly Ereky in 1919 to refer to the production of products from raw materials with the aid of living organisms. The core principle of biotechnology involves harnessing biological systems and organisms, such as bacteria, yeast, and plants, to perform specific tasks or produce valuable substances. Biotechnology had a significant impact on many areas of society, from medicine to agriculture to environmental science. One of the key techniques used in biotechnology is genetic engineering, which allows scientists to modify the genetic makeup of organisms to achieve desired outcomes. This can involve inserting genes from one organism into another, and con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Effective Altruism
Effective altruism (EA) is a 21st-century philosophical and social movement that advocates impartially calculating benefits and prioritizing causes to provide the greatest good. It is motivated by "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, who are sometimes called , follow a variety of approaches proposed by the movement, such as donating to selected charities and choosing careers with the aim of maximizing positive impact. The movement gained popularity outside academia, spurring the creation of research centers, advisory organizations, and charities, which collectively have donated several hundred million dollars. Effective altruists emphasize impartiality and the global equal consideration of interests when choosing beneficiaries. Popular cause priorities within effective altruism include global health and development, social and economic inequality ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gates Foundation
The Gates Foundation is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported to be the third largest charitable foundation in the world, holding $77.2 billion in assets as of December 31, 2024. The primary stated goals of the foundation are to enhance healthcare and reduce extreme poverty across the world, and to expand educational opportunities and access to information technology in the U.S. Key individuals of the foundation include Warren Buffett, chief executive officer Mark Suzman, and Michael Larson. The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthropy, though the foundation itself notes that the philanthropic role has limitations. In 2007, its founders were ranked as the second most generous philanthropists in the U.S., behind Warren Buffett. Bill Gates and Melinda French Gates had dona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacobin (magazine)
''Jacobin'' is an American Socialism, socialist magazine based in New York City, New York. Bhaskar Sunkara was its founding editor. the magazine reported a paid print circulation of 75,000 and over 3 million monthly online visitors. Established in 2010, Jacobin's circulation grew in 2016 with the increasing attention on Left-wing politics, leftist ideas stimulated by Bernie Sanders' Bernie Sanders 2016 presidential campaign, presidential campaign. The magazine's name is inspired by C. L. R. James's 1938 book ''The Black Jacobins'', about the Haitian Revolution. Ideologically, the magazine is associated with democratic socialism and the Democratic Socialists of America. History and overview The publication began as an online magazine released in September 2010, expanding into a print journal later that year. ''Jacobin'' founder Bhaskar Sunkara said that he intended for ''Jacobin'' to perform a similar role on the contemporary left to that undertaken by ''National Review'' on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Education In The United States
The United States does not have a national or federal educational system. Although there are more than fifty independent systems of education (one run by each U.S. state, state and Territories of the United States, territory, the Bureau of Indian Education, and the Department of Defense Dependents Schools), there are a number of similarities between them. Education is provided in State school#United States, public and private schools and by individuals through Homeschooling in the United States, homeschooling. Educational standards are set at the state or territory level by the supervising organization, usually a board of regents, state department of education, state colleges, or a combination of systems. The bulk of the $1.3 trillion in funding comes from State governments of the United States, state and local government in the United States, local governments, with Federal government of the United States, federal funding accounting for about $260 billion in 2021 compared to a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Economy
A market economy is an economic system in which the decisions regarding investment, production, and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. Market economies range from minimally regulated free market and '' laissez-faire'' systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in correcting market failures and promoting social welfare. State-directed or dirigist economies are those where the state plays a directive role in guiding the overall development of the market through industrial policies or indicative planning—which guides yet does not substitute the market for economic planning—a form sometimes r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deregulation
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, and pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenneth Zeichner
Kenneth M. Zeichner is Boeing Professor of Teacher Education and was the Director of Teacher Education from 2009 to 2013 at the University of Washington. He was the Hoefs-Bascom Professor of Teacher Education and Associate Dean for Teacher Education, University of Wisconsin–Madison. He received his Ph.D. in 1976 from Syracuse University in educational psychology and has been on the faculty at Madison since that time. He has had visiting appointments at Umeå University (Sweden), Simon Fraser University (Canada), and the University of Southern California. Zeichner serviced as Vice President of American Educational Research Association (Division K), a member of the Board of Directors of the American Association of Colleges for Teacher Education, co-chair of the AERA Panel on Research in Teacher Education and as a member of National Academy of Education Committees on Teacher Education and Teacher Professional Development. He is an elected member of the National Academy of Educati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eli Lilly
Eli Lilly (July 8, 1838 – June 6, 1898) was a Union Army officer, pharmacist, chemist, and businessman who founded Eli Lilly and Company. Lilly enlisted in the Union Army during the American Civil War and recruited a company of men to serve with him in the 18th Independent Battery Indiana Light Artillery. He was later promoted to Major (United States), major and then colonel, and was given command of the 9th Indiana Infantry Regiment. Lilly was captured in September 1864 and held as a prisoner of war until January 1865. After the war, he attempted to run a plantations in the American South, plantation in Mississippi, but it failed and he returned to his pharmacy profession after the death of his first wife. Lilly remarried and worked with business partners in several pharmacies in Indiana and Illinois before opening his own business in 1876 in Indianapolis. Lilly's company manufactured drugs and marketed them on a wholesale basis to pharmacies. Lilly's pharmaceutical f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royalty Fund
A royalty fund (also known as royalty funding) is a category of private equity fund that specializes in purchasing consistent revenue streams deriving from the payment of royalties. Royalties are a usage-based payment from one individual or entity to another individual or entity, giving the right to use an asset, product, service or idea. One growing subset of this category is the healthcare royalty fund, in which a private equity fund manager purchases a royalty stream paid by a pharmaceutical company to a patent holder. The patent holder can be another company, an individual inventor, or some sort of institution, such as a research university. Structure of Royalty Investments Royalty funds are a specific type of income trust, used for special-purpose finance, created to hold investments or cash flow in operating companies. These funds are not stocks or bonds but a form of investment fund. A royalty fund raises capital in order to purchase the right to a royalty of a product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royalty Pharma
Royalty Pharma is a private equity investor firm founded in 1996. It purchases the rights to royalties on future drug sales. It claims to own partial rights to 7 of the top 30 selling drugs in the United States. As of 2017, it is valued at $15 billion. History Royalty Pharma was founded in 1996 by Pablo Legorreta. Legorreta came to the idea of the company in the early 1990s when while working as a mergers banker at Lazard Frères, he saw a 1987 investment by wealthy clients of PaineWebber in a chemotherapy drug. From this, he realized that drug royalties held major potential. in 1996, he left Lazard and with Rory Riggs, a former PaineWebber banker, raised $60 million to start what would later become Royalty Pharma. Instead of making bets on early stage drug development, Royalty usually buys rights to royalties on regulator approved drugs or drugs that are promising. It buys rights from the patent holders, typically a predetermined percentage of revenue from the new drug after it e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
