A New Collaborative Funding Push Looks to Bolster Worker Rights Around the World

A New Collaborative Funding Push Looks to Bolster Worker Rights Around the World

Amid the rise of globalization, philanthropy largely remained on the sidelines in the contest between capital and labor. But that’s changing, as the Open Society Foundations and other funders step up efforts to build a future with fair labor.

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Leading Funders Aim to Change the Conversation About Poverty. Can They Succeed?

Leading Funders Aim to Change the Conversation About Poverty. Can They Succeed?

When the Gates Foundation took a significant turn toward U.S. poverty last year, work on “narrative change” was part of the equation. Now, we’re seeing movement in the form of an open call for ideas, in collaboration with other foundations.

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To Combat “Brain Waste,” a New Fund Aims to Tap the Potential of Immigrant Workers

To Combat “Brain Waste,” a New Fund Aims to Tap the Potential of Immigrant Workers

Conversations about the workforce “skills gap” often skip over the fact that millions of educated immigrants are un- or underemployed. A new grantmaker is supporting efforts to get them on track to fill open roles. Where’s the money going?

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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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Closing Urban Divides: Behind a Funding Collaborative's Pivot to Race

Closing Urban Divides: Behind a Funding Collaborative's Pivot to Race

Living Cities spent its formative years channeling money from big firms and foundations to community development projects. Now, to drill deeper on equity, it aims to be a “leading racial economic justice organization.” How is that going?

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To Build Community Wealth, a Grantmaker Gets Behind Employee Ownership in a Big Way

To Build Community Wealth, a Grantmaker Gets Behind Employee Ownership in a Big Way

Amid a growing critique of how U.S. capitalism has concentrated wealth in ever-fewer hands, the Kendeda Fund is looking to move the idea of employee ownership from the margins to the mainstream and democratize the economy.

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Giving to Teach Trade Skills, a Donor Zeroes in on an Overlooked Ladder to Opportunity

Giving to Teach Trade Skills, a Donor Zeroes in on an Overlooked Ladder to Opportunity

Even though electricians, plumbers, and HVAC technicians earn good incomes, many young people steer away from these career paths, and few funders focus on this promising area. The billionaire Eric Smidt is an exception.

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Filling Critical Gaps, a Foundation Looks to Realize the Promise of Opportunity Zones

Filling Critical Gaps, a Foundation Looks to Realize the Promise of Opportunity Zones

The 2017 tax law included the most important new program to spur urban revitalization in decades. But it’s lacking in transparency and accountability. Kresge has been working to fix that and ensure the law achieves real impact.

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With an Eye on the "Most Vulnerable," a Foundation Works to Ensure that a New Law Boosts the Urban Poor

With an Eye on the "Most Vulnerable," a Foundation Works to Ensure that a New Law Boosts the Urban Poor

The Investing in Opportunity Act has the potential to be a game changer for distressed communities. But that promise can only be realized if the act works as intended—a big “if.” Rockefeller is on the case, along with other funders.

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Stand Together: The Koch-Backed Anti-Poverty Group Starting off 2019 with a Bang

Stand Together: The Koch-Backed Anti-Poverty Group Starting off 2019 with a Bang

Stand Together, an anti-poverty organization backed by the conservative Koch network, plans to release $10 to $15 million in grants this month. What’s driving this giving by leading donors on the right and where have grants gone so far?

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Venture for America: What Donors See in a Nonprofit That Backs Young Entrepreneurs

Venture for America: What Donors See in a Nonprofit That Backs Young Entrepreneurs

With a mission of backing young entrepreneurs far away from Silicon Valley and the Northeast Corridor, VFA has drawn growing support from major companies like Uber and UBS, as well as individual donors who play a hands-on role in its work.

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Against Long Odds, a Corporate Funder Doubles Down on a Troubled City

Against Long Odds, a Corporate Funder Doubles Down on a Troubled City

T. Rowe Price, the global asset management firm, has been based in Baltimore since 1937. Lately, its philanthropic arm has been ramping up its giving and taking new, bolder approaches to tackling the city’s many problems.

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Boots on the Ground: How Corporate Foundations Are Supporting Veterans

Boots on the Ground: How Corporate Foundations Are Supporting Veterans

Supporting veterans has become a hot topic in the corporate foundation world. What’s driving this heightened attention? Where are grants going? And what approaches to lifting up former service personnel are showing results?

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“If You Want to Go Far, Go Together." In Connecticut, an Ambitious Collective Impact Push

“If You Want to Go Far, Go Together." In Connecticut, an Ambitious Collective Impact Push

A new fund quarterbacked by a community foundation is aiming to close opportunity gaps from “cradle to career.” The initiative has a strong focus on building the capacity of local funders to have greater impact in a state with deep inequities.

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To Crack the Poverty Code, a Big Bet on Data-Driven Interventions to Fuel Upward Mobility

To Crack the Poverty Code, a Big Bet on Data-Driven Interventions to Fuel Upward Mobility

Data is at the center of a project to design city-level economic mobility programs backed by Bloomberg, Gates, and Ballmer. But with ten cities selected and ready to develop their ideas, is this technocratic model likely to achieve lasting impact?

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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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My Nonprofit Did So Much Right, But We Still Couldn't Raise Enough Money to Survive

My Nonprofit Did So Much Right, But We Still Couldn't Raise Enough Money to Survive

As the founder of DC Central Kitchen, Robert Egger was an old hand at scaling social ventures when he arrived in Los Angeles to create L.A. Kitchen, an ambitious effort to fight hunger and poverty with a proven model. Here’s how things fell apart.

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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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Inside the New Billionaire War on Poverty

Inside the New Billionaire War on Poverty

In the past few years, some of America’s richest mega-givers have backed new work targeting poverty. Who’s giving? What approaches are receiving support? And will these donors eventually take a more systemic approach to fixing an unequal economy?

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