International Fundraising

Soros' Donation to Halt Brexit Causes Storm in Britain
February 8, 2018 at 12:05 pm

News that billionaire financier George Soros is a backer of a campaign group seeking to keep Britain in the EU added fire to Britain’s Brexit debate on Thursday, with supporters of quitting the bloc accusing opponents of plotting a “coup." The Best of Britain campaign group confirmed it had received 400,000 pounds from Soros. Soros,…

China Businesswoman Receives Carnegie Philanthropy Medal in New York
October 5, 2017 at 12:28 pm

Mei Hing Chak—also known as Zhai Meiqing—was feted with a Carnegie Medal of Philanthropy in New York this week for exceptional giving and creating a world of positive change. Chak and her husband Liu Zhiqiang ranked No. 205 on the Forbes China Rich List in 2016 with a combined fortune worth $1.4 billion. “The value…

Salma Hayek Is Helping Raise Money for Mexico's Earthquake Victims
September 21, 2017 at 12:19 pm

A magnitude 7.1 earthquake hit Central Mexico on Tuesday, crumbling infrastructure and killing more than 230 people so far, including at least 25 school children. Families are still searching for their loved ones as rescue teams dig through rubble to uncover survivors. And hospital staff are doing their best to treat the hundreds of people…

Purge of Doctors Without Borders Was a Permit Issue, Pakistan Says
September 15, 2017 at 12:43 pm

The Interior Ministry confirmed on Thursday that it had ordered Doctors Without Borders to leave Pakistan’s impoverished Kurram tribal region, saying the medical charity’s permit to work there expired two years ago. Pakistan’s explanation for the order came a day after Doctors Without Borders, also known as Médecins Sans Frontières, said the government had refused…

IFC Targets $1B Fundraising Within a Year as Part of $5B Fund
September 11, 2017 at 9:47 am

The World Bank’s International Finance Corporation (IFC) aims to raise an extra $1 billion within a year as part of a planned $5 billion infrastructure investment fund, an official said, with China’s Belt and Road program offering more opportunities. IFC this year raised $1.1 billion from Allianz and Eastspring Investments, the Asian asset management business…

Call Of Duty Veterans' Charity Expands to UK
September 8, 2017 at 9:38 am

The Call of Duty Endowment, a charitable fund that helps veterans into work after serving in the military, is expanding to the U.K. The U.S. foundation was set up by Activision CEO Bobby Kotick in 2009 and will now be helping British veterans find work. Activision says the program has already placed more than 37,000…

Nonprofit Uses Times Square Ads to Jumpstart North Korea Human Rights Campaign
August 31, 2017 at 12:30 pm

A human rights nonprofit has purchased billboard space in New York City’s Times Square as part of a campaign to refocus discussion on North Korea. In July, the Washington-based Committee for Human Rights in North Korea purchased time on an electronic billboard in Times Square to feature three ads—one about the estimated 120,000 North Koreans…

Courthouse Nonprofit Launches Fund to Help Sustain Asian Fisheries
August 15, 2017 at 10:33 am

A Courthouse-based nonprofit has launched a new investment fund to help coastal fishers in Asia be more sustainable, raising $10 million in its first round of funding. Non-governmental organization Rare, which focuses on global conservation, manages The Meloy Fund, an investment fund that looks to incentivize sustainable fisheries and increase the number of fish in…

Matching Charitable Donation Programs Focus on International Aid
July 31, 2017 at 10:53 am

Prime Minister Justin Trudeau encouraged people over the weekend to donate to the Canadian Red Cross to help British Columbians affected by raging wildfires and he made a similar appeal for Ontario and Quebec flood victims earlier this year. However, unlike many international disasters like the earthquakes in Nepal two years ago or in Haiti in 2010, Canada's appeal for domestic donations isn't…