Marius Čiuželis on Impact investments & Social entrepreneurshipInvestor / Advisor / Social EntrepreneurSome time ago
On ‘philanthro-capitalism’ A decade ago, Bill Gates and Warren Buffett launched the Giving Pledge, which they explain as "a commitment by the world's wealthiest individuals and families to dedicate the majority of their wealth to giving back." According to the official website, some 210 billionaires and mega-millionaires have made the so-called pledge. Unfortunately, many of those billionaires are giving to fake charities that enrich themselves and all of them have helped structure the economy so that they accumulate wealth faster than they can possible give it away. A growing share of these high-end donations go not to the organizations that actually perform charitable work, but to tax-privileged private foundations and donor-advised funds that pay only a small percentage of their assets to support working charities. These vehicles offer substantial tax benefits to donors, but may then hoard most or all of these donations in their endowments, drastically limiting what's available to on-the-ground nonprofits. https://www.inc.com/geoffrey-james/bill-gates-promised-to-give-away-his-wealth-well-that-was-bs.html?fbclid=IwAR3RG4DP72qRaOmxhB3WNoWblHSdbbUyRFOGA6UQNe3lNYYBc6jrWCF_fAE
Bill Gates Promised to Give Away His Wealth. Well, That Was BS
www.inc.com

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Andrius MilinavičiusFounder, mentor, speaker, biohacker, friend.
Surprised? :) the more they get, more they want to save ;)
6 months ago
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Marijus KrasnickasValue Creator Through Unity. Founder of UNO Parks. Your Gold Fish.
There is no philantro, no capitalism, just greed and manipulation.
4 months ago
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Marius Čiuželis on Impact investments & Social entrepreneurshipInvestor / Advisor / Social EntrepreneurSome time ago
What is the Spectrum of Impact Investing Approaches? Given the field’s growth and increased number of actors, the last ten years have also seen a proliferation of definitions and terminology related to impact investing. In fact, strong opinions prevail regarding whether or not the term “impact investing” is the best to capture this field. While some prefer mission-related investing or sustainable/responsible investing, still impact investing is most commonly used. Rather than arguing about the terms, let's discuss three approaches and one overarching strategy to describe impact investor practices. Depending on who you are—and your goals and capacity—you may have the resources and willingness for some but not all of these approaches. See the image of the home as a good metaphor for describing these approaches to managing and being accountable for your assets. Clean Up: This approach reflects the belief that your assets should align with your values, and by holding or divesting specific assets you can increase that alignment and express your values. For example: Clean and remove toxins. Renovate: In this approach, you select assets based on specific investment criteria that define eligible and ineligible investments with the goal of incorporating the positive and negative externalities into your investment decision. For example: Paint your house. Add a Room: By picking a specific theme, you are using your capital to drive the generation of a specific environmental or social impact. For example: Add a new addition to your house. Manage and Measure: This overarching strategy is to continuously measure and manage the positive and negative impact of your assets and respond to new data and events. You will track the emergence of new environmental and social movements, as they become impact investment products. For example: Maintain and repair your roof.
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Marius Čiuželis on Impact investments & Social entrepreneurshipInvestor / Advisor / Social EntrepreneurSome time ago
Rockefeller Philanthropy Advisors yesterday published its handbook for impact investors, a refresh of a guide they first published ten years ago, a lifetime ago in impact investing. It is a comprehensive (182 pages) guide to the nuts and bolts of impact investing, with some help from a 45-year old avatar investor named Sophia. With so many people now trying to get themselves oriented in investing their money for social and environmental impact, it is excellent to have a fully updated primer for beginners, and a reference book for the more experienced. The Handbook is available (for free) at: https://lnkd.in/dH8qK7U
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Marius Čiuželis on Impact investments & Social entrepreneurshipInvestor / Advisor / Social EntrepreneurSome time ago
I dont know her personally yet (unfortunately) but the interview is just another source for inspiration and a clear proof social impact investing is an area where you can profit and make sizable returns. https://www.forbes.com/sites/jillgriffin/2020/06/26/how-one-female-investor-breaks-the-rules-and-thrives/amp/
How One Female Investor Breaks The Rules And Thrives
www.forbes.com
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