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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He Became a Billionaire Selling Tools. Now He’s Boosting Skilled Trade Education in High Schools

He Became a Billionaire Selling Tools. Now He’s Boosting Skilled Trade Education in High Schools

Eric Smidt started the discount hardware store Harbor Freight Tools at 17 with his dad in 1977. Now worth $3 billion, his emerging philanthropy is laser-focused on helping high school students prepare for good-paying jobs in the trades.

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To Get More Young People Into Good Jobs, a New Focus on Apprenticeships

To Get More Young People Into Good Jobs, a New Focus on Apprenticeships

Even as millions of young workers languish in low-wage jobs, employers say they can’t find enough electricians, plumbers and other skilled workers. A funder-backed initiative at New America is looking to change that by re-juicing youth apprenticeships.

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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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Behind a $180 Million Corporate Pledge to Connect Youth with Opportunity Worldwide

Behind a $180 Million Corporate Pledge to Connect Youth with Opportunity Worldwide

A growing number of philanthropic initiatives are zeroing in on the many teenagers and young adults who aren’t engaged in either school or work. The latest effort, from a major financial products company, is addressing this vexing problem at a global level.

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How a Major California Foundation is Going All-In on Empowering Low-Wage Workers

How a Major California Foundation is Going All-In on Empowering Low-Wage Workers

Three years ago, the James Irvine Foundation adopted a bold, singular focus: building political power and career opportunities for low-wage workers in the nation’s most populous state. We talk to the foundation’s leadership about how this effort is going.

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As Wealthy Donors Fuel Campus Growth, What About Low-Wage Workers and Local Residents?

As Wealthy Donors Fuel Campus Growth, What About Low-Wage Workers and Local Residents?

While the higher ed fundraising boom has lifted many boats, university employees often find themselves squeezed by flat wages and escalating housing costs. Some donors are paying attention to these larger equity issues. Will others follow?

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In a State with Deep Inequities, a Billionaire Couple is Catalyzing Action on K-12 and Jobs

In a State with Deep Inequities, a Billionaire Couple is Catalyzing Action on K-12 and Jobs

In recent years, Barbara Dalio has quietly tapped a vast hedge fund fortune to help address Connecticut’s education problems. Now, in a big step up, she and her husband Ray are giving $100 million for a public-private partnership.

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When Men Are Advocates: An Energy Giant Funds Training in Gender Equity

When Men Are Advocates: An Energy Giant Funds Training in Gender Equity

More funders are getting behind the idea that men need to champion and support gender equity. A recent grant from the Chevron Corp. will fund a top nonprofit’s growing work to engage “men as change agents” in the workplace.

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A Major Bank Doubles Down on Helping Workers, But With Strategies That Only Go So Far

A Major Bank Doubles Down on Helping Workers, But With Strategies That Only Go So Far

Already a leading funder in the space, JPMorgan Chase is upping its investment in workforce development. It’s one of many corporate funders pursuing similar strategies that are showing good results, but sidestep larger challenges facing workers.

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How a Project in Boston is Mixing Philanthropy and Investments to Reimagine Capitalism

How a Project in Boston is Mixing Philanthropy and Investments to Reimagine Capitalism

What would a new economy that works for everyone look like? And how do you create it? The Boston Ujima Project thinks it has some answers, building a place-based investment fund that is democratically controlled by community members .

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Closing the Gap: Behind a Longtime Corporate STEM Funder’s New Work on Women and Girls

Closing the Gap: Behind a Longtime Corporate STEM Funder’s New Work on Women and Girls

The IT company Cognizant launched a foundation last year as part of its efforts to bolster STEM skills in the U.S. It recently started grantmaking and appointed an executive director. A focus on girls and women has figured prominently in its early moves.

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In Solidarity: Here Are the Top Funders Supporting Labor and Workers' Rights

In Solidarity: Here Are the Top Funders Supporting Labor and Workers' Rights

While the odds remain heavily stacked against U.S. low-income workers, efforts to boost their pay and benefits have been gaining steam in recent years. A handful of funders play a critical role in supporting this new labor movement. Who are they and where are grants flowing?

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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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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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