Billionaires vs. Poverty: Behind a Push to Use Data to Boost Economic Opportunity in Cities

Billionaires vs. Poverty: Behind a Push to Use Data to Boost Economic Opportunity in Cities

Some of the nation’s wealthiest philanthropists have lately swung behind new work to make city economies more equitable and inclusive. We look at a data-driven initiative that is attracting big grant money.

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Leveraging Donor Dollars, a Nonprofit Clears Millions in Medical Debt for Low-Income Americans

Leveraging Donor Dollars, a Nonprofit Clears Millions in Medical Debt for Low-Income Americans

A growing number of donors large and small contribute to an organization that’s buying up medical debt on the secondary market and forgiving up to $100 of debt for every dollar it receives in contributions—a sky-high ROI.

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Up Against Wall Street: How This Little-Known Hedge Funder Backs Financial Reform

Up Against Wall Street: How This Little-Known Hedge Funder Backs Financial Reform

Despite the devastation caused by the 2008 crash, financial sector reform isn’t a priority for most funders. Michael Masters has bucked that trend, bankrolling one of the few policy shops in D.C. able to go toe-to-toe with industry lobbyists.

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PayPal Gives: What a Silicon Valley Firm is Doing to Help Close the “Opportunity Divide”

PayPal Gives: What a Silicon Valley Firm is Doing to Help Close the “Opportunity Divide”

Like a lot of tech companies these days, PayPal is keen to help diverse young workers build STEM skills, get through college and connect to economic opportunity. So how is the company’s philanthropy playing out? We get an inside look.

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Who’s Helping Push the Idea of a Basic Income into the Political Mainstream?

Who’s Helping Push the Idea of a Basic Income into the Political Mainstream?

In under three years, the Economic Security Project has galvanized a surprising level of buy-in for the idea of giving people cash without conditions. We discuss strategy and funding with the organization’s leaders, including Facebook co-founder Chris Hughes.

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How the SunTrust Foundation Gives in the Southeast and Mid-Atlantic States

How the SunTrust Foundation Gives in the Southeast and Mid-Atlantic States

The SunTrust Foundation, based in Atlanta, launched its Lighting the Way awards program in 2016 to recognize nonprofits in its market areas building financial confidence in their communities. Where are grants going?

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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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What a Big Bank is Doing to Boost Economic Opportunity in a Single City

What a Big Bank is Doing to Boost Economic Opportunity in a Single City

Wells Fargo is the latest bank to make a big bet on urban community development, with a focus on Washington, D.C. The move comes amid multiple scandals around the bank, which badly needs some good publicity.

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Learn for Life: A Major Southwest Bank Backs Financial Literacy for Youth

Learn for Life: A Major Southwest Bank Backs Financial Literacy for Youth

BOK Financial’s Learning for Life program is an exemplar of the popularity of financial literacy among financial services funders. We also check out its other giving and community involvement in its seven banking divisions.

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Old and New: What's Interesting About the Partnership Between Rockefeller and Chan Zuckerberg

Old and New: What's Interesting About the Partnership Between Rockefeller and Chan Zuckerberg

While living donors and legacy foundations often eye other warily, they have a lot to gain from collaborating and more such efforts are emerging. Here's an example of that, focusing on economic equity. 

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