OVERVIEW: BlackRock Philanthropy typically supports larger global development organizations.
IP TAKE: This funder awards grants to organizations in which BlackRock has a business presence. The company currently has offices in 30 countries around the globe.
PROFILE: BlackRock Philanthropy is the philanthropic arm of the financial services and investment firm BlackRock and aims to “[p]artner with organizations that create access to better jobs and savings for people and families in most need.” Specifically, BlackRock offers grants to organizations offering skills training to underserved young adults, scaling interventions that help building savings and making local nonprofits more resilient. BlackRock also supports humanitarian and disaster relief efforts by funding “[e]ffective organizations to help respond and rebuild” after a disaster strikes.
In the global development space, BlackRock typically focuses its grantmaking on economic development and entrepreneurship in least developed countries. It also broadly focuses its development grantmaking on humanitarian causes without naming specifics.
BlackRock’s grant amounts vary widely from around $25,000 to $250,000. Global development organizations receiving funding from BlackRock in the past include Living Goods, a “[s]ocial enterprise that empowers health entrepreneurs to deliver live-saving products to families,” in sub-Saharan Africa; and Women for Women International, which received funding for its skills building and empowerment training for some of the world’s most marginalized women. To learn more about select organizations receiving support from BlackRock, explore its partners list.
BlackRock does not accept unsolicited grant applications or requests for funding.
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