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Carnegie Corporation and Century Foundation Announce
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USA Networks Gives $6 Million to Increase Diversity in
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Carnegie Endowment for International Peace Launches
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World Bank Awards $5 Million in Grants to Fight Poverty
Rose Family Creates Architectural Fellowship Program at Enterprise Foundation
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A New Generation of Philanthropists
GreaterGood.com Acquires Hunger Site
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University of Pennsylvania Negotiates $10 Million Gift Via E-mail
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PHILANTHROPY NEWS DIGEST
In announcing the winners, Wolfensohn said it was
"remarkable to see so many people joined together to reach
one objective: to do development better and reduce
poverty."
"In the next 25 years, another two billion people will share the world. Most of them will live in poverty if we do not take action now," said Wolfensohn. "We need ever more effective, innovative solutions to meet this challenge. The Development Marketplace can help bring our collective experience, knowledge, and passion to bear in the search for solutions."
The event attracted nearly 1,200 proposals from around the
globe. Of those, 339 finalists were chosen to display their
ideas at the marketplace, which was held February 8 and 9
at World Bank headquarters in Washington, D.C. Forty-six
jurors representing the development community and private
sector judged the proposals on their originality, efficacy in
fostering partnerships, cost-effectiveness, and potential for
ownership by those standing to benefit the most.
The next step for the winners is to put together a program,
budget, and action plan that takes their ideas from concept to
prototype over the next year and a half. Unfunded proposals
have been posted to the World Bank's Web site,
and bank officials are encouraging foundation staff and other
potential funders to review them.
To review the full list of award winners, visit:
http://www.developmentmarketplace.org/html/results.html
"World Bank Announces Development Marketplace Winners;
Awards $5 Million for Innovative Ways to Fight Poverty."
World Bank News Release 2/1/2000.
See also: Burgess, John. "A World Bank Marketplace of Ideas."
Washington Post 2/15/2000.
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