|Open Source Philanthropy||by: Tony Lutz|
Philanthropy etymologically means "the love of humanity"
– love in the sense of caring for, nourishing, developing,
or enhancing; humanity in the sense of "what it is to be
human," or "human potential." In modern practical terms,
it is "private initiatives for public good, focusing on quality
of life" – balancing the social-scientific aspect emphasized in
the 20th century, with the long-traditional and original humanist core of the word's ancient coinage.
Social Impact Bond
Social Impact Bonds are a form of outcomes-based contract in which public sector commissioners commit to pay for significant improvement in social outcomes (such as a reduction in offending rates, or in the number of people being admitted to hospital) for a defined population.
Social Impact Bonds are an innovative way of attracting new investment around such outcomes-based contracts that benefit individuals and communities. Through a Social Impact Bond, private investment is used to pay for interventions, which are delivered by service providers with a proven track record. Financial returns to investors are made by the public sector on the basis of improved social outcomes. If outcomes do not improve, then investors do not recover their investment.
|Gaian Army for $50k||by: Tony Lutz|
The impetus for this post came to me about a week after reading an update email from the Philippines Addicts forum.
It had the following headline and link (among others).
HOT PHILIPPINES TOPICS 02/21/2012
What do with $50K in Angeles City?
Initially, I gave it no thought, seeing it as another competition for how to have the best time bonking many girls. …