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Think investing is all about personal gain? Think again.

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The Rockefeller Foundation

Like so many immigrants, Leanna Wilson's parents came to America following the "American Dream."

Her father owned a small bakery in his homeland of Jamaica, but when the family moved to Atlanta, Georgia, their dream of a successful business didn't pan out exactly as they had hoped.

Leah Smith, Wilson's cousin, also has small-business roots, although her parents chose to stay in Jamaica. And despite being gutsy entrepreneurs, they never managed to thrive financially either.

But this didn't stop Wilson and Smith from growing and deciding to follow in their parents' entrepreneurial footsteps and become business partners.

Wilson and Smith. Photo courtesy of the Rockefeller Foundation/Upworthy.

"I don’t know when it is that we decided to start a business," Wilson says. "I think we always knew. Maybe it’s just in the blood."

They started a small company called GroupOut — a dining concierge service that helps groups navigate party and event planning in the often spatially constricted New York City.

Their joint backgrounds in corporate event planning, finance, and design helped Wilson and Smith's business take off, and soon enough, they were turning a profit.

[rebelmouse-image 19398057 dam="1" original_size="808x526" caption="Photo via GroupOut , used with permission." expand=1] Photo via GroupOut , used with permission.

Suddenly, they were presented with a problem they'd never imagined — what should they do with the excess money? Enter impact investing.

Simply put, impact investing allows investors to focus their capital on causes or organizations that create social change while still seeing a return on their investment, just like they would with any other investment. For socially conscious individuals like Wilson and Smith, it's a win-win.

"We always wanted GroupOut to have a social impact," Wilson explains. "We’ve struggled with finding the right way to do it."

Wilson and Smith are not alone in their desire to put their money toward a better world.

According to a survey by the United States Treasury , millennials are choosing to invest in organizations and projects that prioritize the greater good more than any generation before them. Not only are they simply more driven by activism, many are still struggling with things like student debt and shrinking job pools, so they're less trusting of traditional investment practices.

Young women making art at the YWCA Chicago. Photo courtesy of the YMCA/Rockefeller Foundation.

It's likely the reason why they're interested in having their investment dollars focus on causes that align with nonprofits like the YWCA and NAACP , whose mission is to empower women and eliminate racism.

That's where Impact Shares came in for Wilson and Smith.

Impact Shares is a nonprofit financial advisor that helps people invest in companies that are aligned with the social causes they care about because they partner with nonprofits — such as the YWCA and NAACP — to create a financial portfolio of socially responsible companies. This provides an incentive for companies included in that portfolio to continue to be an engine for progress and it creates a roadmap for others to do the same

It also directly benefits nonprofits, like the YWCA and NAACP, financially too . When investing, there is management fee that usually goes to Wall Street, but with Impact Shares, that fee goes back to the nonprofits as a charitable contribution.

Photo courtesy of the Rockefeller Foundation/Upworthy.

This makes Impact Shares a win-win-win for all parties concerned.

"Impact Shares is putting forth a new model for the next generation of finance," Adam Connaker, Senior Program Associate in Innovative Finance and Impact Investing at The Rockefeller Foundation, writes in an email. "One where investors can partner with leading nonprofits to give them a voice on corporate citizenship."

"Other Environmental, Social and Governance (ESG) ETFs (Exchange Trade Funds) have made small charitable contributions, but this one goes to the next level by engaging the non-profits deeply and giving them the entire net management fee as a donation to support the incredible work they do on behalf of vulnerable populations," he continues.

Members of the YWCA Chicago. Photo courtesy of the YMCA/Rockefeller Foundation.

The YWCA ETF launched on August 27th and NAACP's was formally listed on July 18th for any other investors who might be interested in making an impact on women's empowerment.

If this is the future of investing, the world is in for some major improvements in social good organizations big and small.

For more on Wilson and Smith's story, check out the video below:

These millennial entrepreneurs want to invest their hard-earned money while also using it to make a social impact.

Posted by Upworthy on Friday, November 30, 2018

For more than 100 years, The Rockefeller Foundation’s mission has been to promote the well-being of humanity throughout the world. Together with partners and grantees, The Rockefeller Foundation strives to catalyze and scale transformative innovations, create unlikely partnerships that span sectors, and take risks others cannot – or will not.

Community

Facebook group brings people together IRL to make meaningful friendships

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Making new friends as an adult is challenging. While people crave meaningful IRL connections, it can be hard to know where to find them. But thanks to one Facebook Group, meeting your new best friends is easier than ever.

Founded in 2018, NYC Brunch Squad brings together hundreds of people who come as strangers and leave as friends through its in-person events.

“Witnessing the transformative impact our community has on the lives of our members is truly remarkable. We provide the essential support and connections needed to thrive amid the city's chaos,” shares Liza Rubin, the group’s founder.

Despite its name, the group doesn’t just do brunch. They also have book clubs, seasonal parties, and picnics, among other activities.

NYC Brunch Squad curates up to 10 monthly events tailored to the specific interests of its members. Liza handles all the details, taking into account different budgets and event sizes – all people have to do is show up.

“We have members who met at our events and became friends and went on to embark on international journeys to celebrate birthdays together. We have had members get married with bridesmaids by their sides who were women they first connected with at our events. We’ve had members decide to live together and become roommates,” Liza says.

Members also bond over their passion for giving back to their community. The group has hosted many impact-driven events, including a “Picnic with Purpose” to create self-care packages for homeless shelters and recently participated in the #SquadSpreadsJoy challenge. Each day, the 100 members participating receive random acts of kindness to complete. They can also share their stories on the group page to earn extra points. The member with the most points at the end wins a free seat at the group's Friendsgiving event.

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Education

3,700-year-old Babylonian stone tablet gets translated, changes history

They were doing trigonometry 1500 years before the Greeks.

via UNSW

Dr. Daniel Mansfield and his team at the University of New South Wales in Australia have just made an incredible discovery. While studying a 3,700-year-old tablet from the ancient civilization of Babylon, they found evidence that the Babylonians were doing something astounding: trigonometry!

Most historians have credited the Greeks with creating the study of triangles' sides and angles, but this tablet presents indisputable evidence that the Babylonians were using the technique 1,500 years before the Greeks ever were.

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education
Education

In 125 years, millions of people have looked at this painting. No one really saw it until recently.

Van Gogh saw something it took scientists another 100 years to see.

Image from Wikimedia Commons .

Van Gogh’s Starry Night.



Van Gough never got to enjoy his own historic success as an artist ( even though we've been able to imagine what that moment might have looked like). But it turns out that those of us who have appreciated his work have been missing out on some critical details for more than 100 years.

I'm not easily impressed, OK?

I know Van Gogh was a genius. If the point of this were "Van Gogh was a mad genius," I would not be sharing this with you.
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Joy

Woman who lives on a cruise ship shares the hardest part about her perfect life

She's a little afraid to leave her cabin.

via Christine Kesteloo/TikTok and Cagri Gurbuz/Pexels

Christine Kesteloo has one big problem living on a cruise ship.

A lot of folks would love to trade lives with Christine Kesteloo . Her husband is the Chief Engineer on a cruise ship, so she gets to live on the boat pretty much for free as the “wife on board.” For Christine, life is a lot like living on a permanent vacation.

“I live on a cruise ship for half the year with my husband, and it's often as glamorous as it sounds,” she told Insider. “After all, I don't cook, clean, make my bed, do laundry or pay for food.“

Living an all-inclusive lifestyle seems like paradise, but it has some drawbacks. Having access to all-you-can-eat food all day long can really have an effect on one’s waistline. Kesteloo admits that living on a cruise ship takes a lot of self-discipline because the temptation is always right under her nose.

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Health

Women do better when they have a group of strong female friends, study finds

We're stronger together.

Photo by Omar Lopez on Unsplash

Women do better when they have female friends.

Madeleine Albright once said , "There is a special place in hell for women who don't help other women." It turns out that might actually be a hell on Earth, because women just do better when they have other women to rely on, and there's research that backs it up.

A study published in the Harvard Business Review found that women who have a strong circle of friends are more likely to get executive positions with higher pay. "Women who were in the top quartile of centrality and had a female-dominated inner circle of 1-3 women landed leadership positions that were 2.5 times higher in authority and pay than those of their female peers lacking this combination," Brian Uzzi writes in the Harvard Business Review .

Part of the reason why women with strong women backing them up are more successful is because they can turn to their tribe for advice. Women have to face different challenges than men, such as unconscious bias, and being able to turn to other women who have had similar experiences can help you navigate a difficult situation. It's like having a road map for your goals.

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Pop Culture

Millennials nearing 40 are sharing their biggest mistakes so everyone can learn from them

Here are 21 of the most powerful responses.

via Pexels

Millennials are now old enough to seriously reflect on life.

It seems like only yesterday a millennial was a college kid that baby boomers chided for being entitled and Gen Xers thought were way too sincere and needed to learn how to take a joke. Today, the oldest millennials, those born around 1980, have hit their 40s and have lived long enough to have some serious regrets.

They also have enough experience to take some pride in decisions that, in hindsight, were the right moves.

The good news is that at 40 there is still plenty of time to learn from our successes and failures to set ourselves up for a great second half of life. These lessons are also valuable to the Gen Zers coming up who can avoid the pitfalls of the older generation.

A Reddit user who has since deleted their profile asked millennials nearing 40 “what were your biggest mistakes at this point in life?” and they received more than 2,200 responses. The biggest regrets these millennials have are being flippant about their health and not saving enough money when they were younger.

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Joy

Stop blaming the 'Karens.' The people who complain the most have a different name.

The stereotype has been wrong all along.

via Rickey123/Pixabay

A woman giving a stern warning.

Over the past few years, women named Karen have taken a lot of heat in the media. The term "Karen" has been used to describe a specific type of entitled, privileged and often middle-aged white woman. Typically, "Karen” is depicted as demanding, self-important and constantly seeking to escalate minor inconveniences to authority figures, like demanding to "speak to the manager."

Identifying the folks who create unnecessary drama in our world is important. But calling them a “Karen” isn’t the best way to solve the problem. There are many reasons to have an issue with the “Karen” stereotype. First, it’s terrible for people named Karen, and it’s also a connotation that many feel is racist , sexist and ageist.

Further, according to a new study by Trustpilot , the stereotype isn’t accurate. A recent survey by the online media site found that the people who leave the most one-star reviews aren’t female, and the women who do it the most aren’t named Karen.

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