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The Independent UK
The Independent UK
National
Glenn Gamboa

How Promote Giving, a new investment model, will raise millions for charities

Philanthropy Promote Giving - (Copyright 2025 The Associated Press. All rights reserved.)

The first foreign trip Joel Holsinger took in 2019 after joining the board of directors at the global health nonprofit PATH convinced him that he needed to do more to raise money for charities.

The investment manager, who is now also a partner and co-head of alternative credit at Ares Management Corp., saw firsthand how a tuberculosis prevention program was helping residents of Dharavi, India's largest slum. He also saw that the main hurdle to expanding the program’s success was simply a lack of funding.

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