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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Game Changer? Just Maybe. Why Gates' Move Into Anti-Poverty Work Is a Big Deal

Game Changer? Just Maybe. Why Gates' Move Into Anti-Poverty Work Is a Big Deal

In a major strategic shift, the Gates Foundation is investing in curbing poverty at home. While it’s starting relatively small, with a $158 million initiative, the move has big implications for the anti-poverty field.

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Banking Against Urban Poverty: Inside JPMorgan Chase Philanthropy

Banking Against Urban Poverty: Inside JPMorgan Chase Philanthropy

The giant bank has become a surprising leader in philanthropy's push for inclusive economic growth. We take a deep dive into the backstory—and what JPMorgan brings to the table that's new. 

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Rust Belt Bellwether: Behind an Innovative Partnership to Build the "Workforce of Tomorrow"

Rust Belt Bellwether: Behind an Innovative Partnership to Build the "Workforce of Tomorrow"

We’re seeing more partnerships between corporations, universities and philanthropy to upskill workers so they can thrive in a global economy. Here’s another case study out of central Michigan.

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In All Its Forms: Ford's VP of Inclusive Economies Talks Strategy

In All Its Forms: Ford's VP of Inclusive Economies Talks Strategy

Since its restructuring, the iconic Ford Foundation has been tackling key drivers of inequality. Xavier de Souza Briggs, who leads Ford’s economic grantmaking, gives us an in-depth look at what that means.

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Millions to Improve Job Skills From a Top Funder May Help Workers Move Up. But How Far?

Millions to Improve Job Skills From a Top Funder May Help Workers Move Up. But How Far?

Steve and Connie Ballmer are among the big funders who are putting new money into workforce development. But what can this approach achieve in the face of large-scale structural inequities that hurt workers?

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