A Foundation Looks to Human Service Organizations to Boost Social and Economic Mobility

A Foundation Looks to Human Service Organizations to Boost Social and Economic Mobility

Human service organizations don’t just apply Band-Aids to social problems. They also can drive larger change and help struggling Americans climb up the economic ladder. Or at least that’s the idea behind a Kresge Foundation initiative now in its second year.

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Unusual Suspects: Two Big Funders Move Off the Beaten Path to Boost Community Development

Unusual Suspects: Two Big Funders Move Off the Beaten Path to Boost Community Development

More anti-poverty funders are looking beyond major cities to struggling rural communities. The latest example of grantmakers casting a wider net is the Communities Thrive Challenge, from the Chan Zuckerberg Initiative and Rockefeller Foundation.

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“We Really Should Do Something.” How a Tech Giver Emerged as a Top Champion of Veterans

“We Really Should Do Something.” How a Tech Giver Emerged as a Top Champion of Veterans

Philanthropy’s support of veterans causes has been spotty, even as the needs of veterans have grown. So it’s a big deal that Craigslist founder Craig Newmark has emerged as a major new giver in this space.

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The Richest Americans Are Sitting on $4 Trillion. How Can They Be Spurred to Give More of it Away?

The Richest Americans Are Sitting on $4 Trillion. How Can They Be Spurred to Give More of it Away?

For all the talk of a golden age of philanthropy, the rich are piling up new wealth much faster than they’re giving it away. Most give mere crumbs compared to their net worth. The Bridgespan Group is looking to change that.

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Never Too Late: A Foundation’s Latest Investment in Adult Education

Never Too Late: A Foundation’s Latest Investment in Adult Education

Lumina has set an ambitious goal to increase the proportion of adults with post-secondary degrees and certifications to 60 percent by 2025. That number hovered around 47 percent as recently as 2016. Here’s the latest effort to move the needle.

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In a High-Poverty Neighborhood, a Push to Get Young People Into Good Jobs

In a High-Poverty Neighborhood, a Push to Get Young People Into Good Jobs

Many of the workforce development groups drawing funder support engage in matchmaking to hook up employers and jobseekers. JPMorgan Chase is backing such an effort in the South Bronx, with a focus on placing youth in unfilled IT jobs.

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A Retail Giant Gives Millions for Workforce Development. But Could It Do More?

A Retail Giant Gives Millions for Workforce Development. But Could It Do More?

Walmart and its foundation recently gave $4 million to organizations that train workers for better jobs. As America’s biggest private employer, though, the company’s real power to expand mobility lies in improving its own labor practices.

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Grand Experiment: Behind An Influential Funder's Big Bet on "Equitable Neighborhood Development"

Grand Experiment: Behind An Influential Funder's Big Bet on "Equitable Neighborhood Development"

A couple of years ago, Detroit's Marygrove College was running out of cash. Now, it's the fulcrum of a big push by the Kresge Foundation to use a higher ed institution to drive place-based development.

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Vast Wealth, Hidden Foundations: How Much Do We Really Know About Billionaire Donors?

Vast Wealth, Hidden Foundations: How Much Do We Really Know About Billionaire Donors?

News last fall of a hidden $8 billion foundation based offshore in Bermuda underscores just how opaque the world of big philanthropy really is. In a post first published in November, we explore what other surprises might be coming.

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Why Is This Health Foundation Backing Entrepreneurs and Small Businesses?

Why Is This Health Foundation Backing Entrepreneurs and Small Businesses?

As health funders move upstream to address the underlying drivers of health disparities, they’re broadening their strategies. The latest example: A $2.75 million grant to boost rural and minority small business owners in Colorado.

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