TED's Audacious Project aims US$400 million at five big causes

TED Talks on Wednesday launched a joint-venture philanthropic initiative under the name “The Audacious Project” that certainly is audacious for the amount of money committed to it.
Some US$400 million from major foundations and donors has been raised through the project to help finance efforts of five organizations aimed at environmental protection, social justice and community involvement.
TED leader Chris Anderson said the venture replaces the TED organization’s annual US$1-m