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.
Read MoreDetroit has become a test case for philanthropy’s growing push against urban poverty. We look at how the latest philanthropists on the scene, Steve and Connie Ballmer, are approaching the city’s entrenched challenges.
Read MoreOhio helped swing the 2016 election to Donald Trump, and the GOP controls both the governorship and state legislature there. But the Gordon Gund Foundation keeps working against the tide to advance a progressive agenda.
Read MoreLumina 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 MoreWells 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.
Read MoreBOK 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.
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 MoreThe Surdna Foundation is known for being a trailblazer among progressive foundations. But how does that role play out in terms of where grants actually go? Here’s a quick peak.
Read MoreA growing range of foundations is giving to build housing for the homeless, looking for a more permanent solution to a chronic problem. Here’s the latest example of how these capital projects come together.
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 MoreJPMorgan Chase has been blazing a more sophisticated trail for corporate philanthropy. But as the bank giant rolls out its newest program of grants and investments, can it really claim it’s engaged in “systems change?”
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 MoreSelf-driving vehicles stand to change cities radically, for better or worse, with big implications for equity and the environment. One foundation is trying to give residents more say in how this plays out.
Read MoreThe San Francisco Foundation shifted to an equity grantmaking strategy over two years ago, an early adopter of a focus that’s become a driving force in philanthropy. How’s that been working out? And what are key takeaways for other funders?
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.
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