A deeper look at the news, innovations, and shifts in philanthropy, funding, and giving, from the Future of Good editorial team.
The charitable and nonprofit space has been thirsty for innovation for a while — but long been limited by the governmental regulations and restrictions boxing it in. Three recommendations from the Senate Special Committee on the Charitable Sector, however, could change that. Centre for Social Innovation founder and CEO Tonya Surman weighs in.
Impact investing and social finance aren't sustainable with government funding or philanthropic capital alone. There is a continued amount of work that the social change community across Canada needs to do to convene and convince mainstream private sector players of its value.
Kotn started with the simple desire to create a reasonably priced, well-made T-shirt. Scaling globally, it’s now helping to rebuild Egypt’s cotton industry and sewing ethics into its entire supply chain. We sat down with Rami Helali, co-founder and CEO of Kotn, to dive into the company’s startup journey as part of Future of Good's Launch Plan series.
The Pearson Commission’s breakthrough report on foreign aid, delivered in September of 1969, which set the global Official Development Assistance (ODA) target of 0.7%, was a Canadian-led innovation. 50 years later, experts weigh in on the significance of this target to Canada’s global leadership in the next decade.
Canada’s Arctic is leading the way on a number of innovations that enhance lives. Every year, the Arctic Inspiration Prize awards funding to projects by the North, for the North. This innovative prize approach uses a non-traditional funding model to support and accelerate Arctic-led projects — and these four previous prize winners show that the model is working.
Thanks to ever-changing political environments and limiting restrictions imposed on nonprofits by funding bodies, the ability of non-profit organizations to grow and secure their long-term is often hampered. One solution? Community bonds present an opportunity for organizations to leverage the power of their community to fund projects that can have a big impact, even beyond real estate usefulness. Christopher Trotman of Tapestry Community Capital gives us a primer on the impact investing tool.
