22 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 12 August 2007 | News The donation will go towards the Royal Society endowment. Income earned from this gift will enable the Royal Society to broaden its policy portfolio on climate change, as part of Royal Society’s expansion to coincide with its 350th anniversary in 2010.The Kohn Foundation was established in 1991 by Dr Doctor Ralph Kohn FRS to provide financial support for scientific and medical research, education purposes, the arts, particularly music, and humanitarian aid. Trust grants £1 million to Royal Society The Kohn Foundation has pledged £1 million to fund climate change studies as part of a new Science Policy Centre at the Royal Society, the UK’s national academy of science.The pledge will enable the Royal Society to broaden its focus on climate change to include issues such as alternative fuels for transport, new technologies for mitigating climate change, adaptation to the impacts of climate change, as well as socio-economic issues arising from the effects of climate change. Ralph Kohn, founder of the Kohn Foundation said: “The deeply worrying problems which we face as a result of climate change require expert handling and who better than the Royal Society to take a leadership role to deal with the issues involved”. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
in Daily Dose, Featured, Market Studies, News January 31, 2019 1,127 Views Home / Daily Dose / Economist to Today’s Teens: “Start Saving Now” The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Danielle Hale Generation Z Home Prices Homeownership Median Home Price Realtor.com 2019-01-31 Donna Joseph Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Donna Joseph Tagged with: Danielle Hale Generation Z Home Prices Homeownership Median Home Price Realtor.com Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Generation Z needs to start saving $304 a month now to buy a home by age 30, according to a new analysis by Realtor.com. The homeownership success of this group will largely depend on the location. Midwest and South are considered regions with more affordable options, it indicated. The analysis titled “The Home of Home Search” shows that nearly 80 percent of Generation Z wants to own a home before age 30. However, to make their dream of homeownership a reality, they will have to save $304 every month for the next 12 years to buy with a 10 percent down payment plus closing costs on a median-priced home. Currently, the median price of a home in the U.S. is projected to cost $386,310 in 2031, when today’s 18-year-old members of Generation Z turn 30, the analysis pointed out. Realtor.com’s projections based on a 13-year forecast for median home prices in top 100 metros and different down payment savings plans reveal that Generation Z will need to save $1,962 per month will need to save $1,962 per month. The next most expensive locale is San Francisco at $1,439 followed by Los Angeles at $979, and Honolulu at $946, and California at $877 per month in terms of savings. According to realtor.com’s analysis of Optimal Blue mortgage data, the typical under-30 home buyer used a seven percent down payment to successfully complete their home purchase in 2018. Starting on their 18th birthday, to afford a 10 percent down payment and typical closing costs in the top 10 most expensive metros by the time they turn 30 years old, members of Generation Z will need to save an average of $948 a month. The median-priced home in 2019 is expected to cost $265,000, but over the course of the next 12 years, the price is expected to increase by nearly 50 percent, according to Realtor.com. Youngstown, Ohio, topped the list of the most affordable metros, where Generation Z would only have to save $108 per month, followed by McAllen, Texas; Toledo, Ohio; Wichita, Kansas; and Little Rock, Arkansas. “Choosing to live in one of the U.S.’s larger and more expensive metros, especially on the West Coast, is going to make homeownership a difficult task, but that doesn’t mean that Gen Z should give up on their dreams.The most important thing they can do is start saving as much as possible early on and let compound interest do the heavy lifting for them,” said Danielle Hale, Chief Economist at Realtor.com. Demand Propels Home Prices Upward 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Economist to Today’s Teens: “Start Saving Now” Print This Post Previous: Top 25 Women of Law, Part 3 Next: The Industry Pulse: The Latest Buzz in Financial Services Subscribe