Oct.
10 is World Mental Health Day, and it's a good time for philanthropists to reflect on the critical need for more mental health research, reports Inside Philanthropy.
The site notes that mental health conditions affect tens of millions of Americans, and "the current supply of research, however, falls significantly short of meeting this critical demand."
In its analysis, the philanthropy site found that major donors and foundations don't fund much mental health research, while smaller nonprofit organizations and universities do.
"These avenues have more flexibility to support scientists' higher-risk, higher-return research that might not receive backing through traditional funding channels and that can lead to significant discoveries," says the site's founder.
The Los Angeles Times has more.
A customized collection of grant news from foundations and the federal government from around the Web.
While philanthropy, social responsibility and corporate governance all already play a role, we will probably see more powerful contributions when companies embed social innovation into their core business strategies and operations.