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.
Read MoreMany 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.
Read MoreFunders often balk at supporting hard-hitting worker advocacy organizations like Restaurant Opportunities Centers United. But some foundations have swung strongly behind efforts to boost low-wage workers.
Read MoreSince its launch in 2016, Blue Meridian Partners has emerged as a powerhouse vehicle for new giving by some of America’s wealthiest philanthropists. Now the collaborative created by the Edna McConnell Clark Foundation is becoming an independent nonprofit.
Read MoreEven as the economy surges, millions of workers are trapped in dead end jobs while openings for more skilled positions go unfilled. The Markle Foundation’s effort to help close that heartbreaking chasm is gaining momentum.
Read MoreWalmart 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.
Read MoreIn the wake of the Kavanaugh confirmation fight, we’re republising a piece from June on how both foundations and major donors on all sides have sought to influence Supreme Court rulings over many decades.
Read MoreA 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.
Read MoreThe Gates Foundation and the Chan Zuckerberg Initiative have both been ramping up anti-poverty work. Now, they’re teaming up to back a policy shop founded by one of the hottest scholars in this space: Raj Chetty.
Read MoreNews 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.
Read MoreAs 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.
Read MorePhilanthropists have been stepping up to help veterans, and they’ve also been investing heavily in STEM workforce development. We explore the inside story behind a gift that combines these two threads.
Read MoreThe bank is already one of the biggest and most important corporate funders, focusing on workforce skills and urban development. Now its philanthropic arm will have even more money to work with.
Read MoreIn recent years, many foundations have put equity front and center in their work. But economic stratification only seems to be getting worse in America. Here's where funders have gone wrong.
Read MoreIn 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.
Read MoreThe 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.
Read MoreWe’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.
Read MoreSince 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.
Read MoreSteve 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?
Read MoreAside from its global aspirations, the Blackstone Charitable Foundation has a strong Chicago connection and close relationship with Mayor Rahm Emanuel. Here’s what this entrepreneurship funder is supporting in the city.
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