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Big challenges, smart solutions | Purposeful Connections

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Big challenges don't necessarily require big solutions - just smart ones. When it comes to "solving" massive societal issues like global hunger or the climate crisis, the greatest progress might be made among small groups of dedicated organizations pooling their resources, ideas, and experiences. That's why innovation challenges and coalitions (like Earthshot or Together Against Hunger below) so often seek out the upstart, individual, or overlooked thinkers and creators. Of course, big monetary gifts - like Mackenzie Scott's $1.7 billion in unrestricted funds to nonprofit organizations - never hurt. And, research from the Center for Effective Philanthropy demonstrates the impact that such gifts can have on innovation and impact.

How do "transformational gifts" - like Mackenzie Scott's $1.7 billion in unrestricted giving to 116 nonprofits - truly help organizations? A groundbreaking report from the Center for Effective Philanthropy seeks to answer this question by examining the impacts of "massive, unrestricted grants" on nonprofits. Among the benefits, nonprofits cited significantly strengthened ability to achieve their mission, heightened long-term financial stability, and better long-term organizational capability. // CEP: Giving Big - The Impact of Large, Unrestricted Gifts on Nonprofits

"Seldom has the world seen greater promise or peril." The convergence of urgent societal issues - from public health and conflict to hunger and poverty - is both frightening reality and an opportunity for innovation. A coalition of leading NGOs is tackling one of these issues - global hunger - head-on with innovation, ingenuity, and determination. The goal: to accelerate progress for the 828 million people worldwide facing hunger, with the hope of reaching the United Nations' Zero Hunger goal by 2030. // Collaborating for new solutions to persistent societal challenges

Eighty-seven percent of Americans agree that it is corporate America's responsibility to ensure wages address rising costs of living. The issue of compensation vs inflation has risen to the #1 priority for Americans, according to recent polling by JUST Capital. Simply handing out pay bumps is not enough. Companies need to account for the real value of wages - not just the nominal value - especially among employee populations with low-income individuals and people of color, who are disproportionately affected. Doing so is good for business: "Regularly raising employee wages to match inflation can unlock business value by helping companies attract and retain top talent, weather the economic challenges, and thrive over the long term." // Fortune: Americans think wages should rise to match inflation - and they're right

You've heard of a moonshot idea - but what about an Earthshot? Saving our planet will require just that. The Earthshot Prize seeks to illuminate solutions that will "repair our planet this decade." Created by Prince William, the Earthshot Prize challenges innovators to develop solutions across five pillars: protect and restore nature, clean our air, revive our oceans, build a waste-free world, and fix our climate. Learn more about this year's winners below. // Fast Company: Earthshot Prize - 5 bold ideas that could help save the planet


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