Philanthropy

NEW YORK, NY -- U.S. Senator Charles Schumer (D-NY) and U.S. Representative Nydia Velazquez (D-NY) joined Asian Americans for Equality (AAFE) today to announce Freddie Mac's $1.5 million grant to the newly created Lower Manhattan Affordable Housing ...

WASHINGTON, DC - Ten leading banks from seven countries will announce the adoption of the "Equator Principles," a new comprehensive set of mandatory environmental and social guidelines for the financing of projects. The Equator Principles are based on the policies and...

LONDON - Social Capital is a start up company whose mission is to help people move out of poverty. Social Capital has developed a software tool that quantifies social impact created by socially responsible investments. This software is named SOCIOMIC and has been deve...

HONG KONG -- The PMI Foundation presented the Hong Kong Red Cross with a donation of US $10,000 for Red Cross's "Campaign for Helping the Vulnerable and Needy to Prevent Atypical Pneumonia" initiative.

Michael Edwards, Chief Execu...

NEW YORK, NY - The New York Times Company announced today that its New York Times Neediest Cases Fund launched an emergency program to establish 1,000 summer jobs for low-income teenagers in New York City. The Neediest Summer Jobs Program, which responds to severe cut...

WASHINGTON, DC - While a shortage of online information for low-income people remains a significant issue, national nonprofit One Economy Corporation continues to make an impact, today announcing its expansion of The Beehive (www.beehive.org), a special Web site desig...

OVERLAND PARK, KS - Community centers in America are about to get a facelift thanks to the Sprint Community Connection Tour. In a nationwide rehabilitation effort, thousands of Sprint employees and Rebuilding Together are working with community organizations in fourte...

NEW YORK, NY - AOL Time Warner recently announced the winners of the 22nd Annual Andrew Heiskell Community Service Awards, which celebrate the exceptional volunteer efforts of employees.

The awards, named for Andrew Heiskell, a fo...

CHICAGO, IL - ShoreBank, the nation's first and leading community development and environmental bank, announced today that it has promoted President Anne Arvia to CEO. In this position, Arvia will lead the efforts of ShoreBank Corporation's Chicago and Detroit banking...