Field Notes: On Philanthropy

• The American Enterprise Institute’s Arthur Brooks discusses the psychological rewards to charitable giving in the New York Times.

• The Citi Foundation announced their commitment to a $50 million youth employment opportunity initiative called “Pathways to Promise.”

• Across the pond, social investment bank Big Society Capital is investing in Charity Bank, which solely lends to organizations in the social sector.

• In “An Open Letter to Larry Page,” International Development Enterprises’ Paul Polak exhorts Google’s CEO to invest in poverty alleviation “by designing and deploying a new breed of for-profit businesses that address critical human needs while making a profit.”

• You might also be interested to explore the Schwab Foundation’s Social Entrepreneur of the Year 2014 Awardees website to learn about recent global developments in microfinancing and social business.

Click here for more quick reads featuring interesting articles on philanthropy and impact investing.