A Longtime Nursing Funder Leans Into an Essential Mission

A Longtime Nursing Funder Leans Into an Essential Mission

Carlyle Group co-founder Bill Conway and his wife Joanne have been leading funders of nursing education since they entered the space a decade ago. Here’s how their Bedford Falls Foundation is supporting this essential profession.

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Five Facts About a Platform Challenging the World to Use Data for Good

Five Facts About a Platform Challenging the World to Use Data for Good

Harnessing data can help drive an inclusive recovery from a pandemic that widened economic divides. Here’s how a global challenge kickstarted development projects and created a network of data scientists to help rebuild equitably.

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With COVID Adding a New Layer of Disruption, Who’s Helping Refugees in East Africa?

With COVID Adding a New Layer of Disruption, Who’s Helping Refugees in East Africa?

In the midst of a raging pandemic, the IKEA Foundation and IRC launched a new program to help nearly 20,000 refugees and locals find employment and grow businesses in Uganda and Kenya.

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“She’d Like You to Do More, Faster.” MacKenzie Scott’s Support for Latino Communities

“She’d Like You to Do More, Faster.” MacKenzie Scott’s Support for Latino Communities

Out of the flurry of grants awarded by MacKenzie Scott in 2020, a handful support Latino communities, including $15 million for Hispanics in Philanthropy. The group’s president tells us about their work and how the funding came about.

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Gates Funding Seeks to Advance Policies for Women’s Equity in the Post-Pandemic World

Gates Funding Seeks to Advance Policies for Women’s Equity in the Post-Pandemic World

Women are bearing the brunt of the pandemic’s economic, health and social harms. The Gates Foundation’s latest COVID-related commitment seeks to gain a better understanding of these impacts and support an inclusive recovery.

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How a Bank’s New Foundation is Backing Work to Revitalize Marginalized Neighborhoods

How a Bank’s New Foundation is Backing Work to Revitalize Marginalized Neighborhoods

The Truist Foundation’s first year of funding was met by a pandemic and a rising racial justice movement. A grant to Purpose Built Communities shows how a bank’s philanthropic arm seeks to advance equity and economic mobility.

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Want to Advance Racial and Economic Justice? Invest in Small, Black-Led CDFIs

Want to Advance Racial and Economic Justice? Invest in Small, Black-Led CDFIs

Guest contributors Donna Gambrell and Catherine Berman make the case that small, Black-led Community Development Financial Institutions offer a critical pathway toward social, racial and economic justice.

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A Corporate Funder Works to Help Black-owned Restaurants Survive the Pandemic

A Corporate Funder Works to Help Black-owned Restaurants Survive the Pandemic

PepsiCo and its foundation join other major companies dealing with the ways issues of racial injustice impact their employees and customers. In this case, the company is zeroing in on hard-hit Black restaurateurs.

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How a Company With a Mission of Supporting Veterans is Tackling Racial Equity

How a Company With a Mission of Supporting Veterans is Tackling Racial Equity

Financial services company USAA serves a diverse military community, which makes up the majority of its members and a significant part of its workforce. The company recently made a $50 million commitment to advancing racial equity.

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What’s Next? A Major Lender’s New Pledge Builds on COVID and Racial Justice Responses

What’s Next? A Major Lender’s New Pledge Builds on COVID and Racial Justice Responses

Early on, corporations directed billions toward COVID-19 response, and made big donations in response to a growing racial justice movement. Capital One is building on its initial efforts with a $200 million initiative. Where’s the money headed?

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Latest Effort to “Decolonize Wealth” Moves Cash to Hard-Hit Native Communities

Latest Effort to “Decolonize Wealth” Moves Cash to Hard-Hit Native Communities

A new initiative to support Native American communities hit hard by COVID-19 will offer direct cash relief, a funding strategy that’s growing in popularity. We spoke to Edgar Villanueva about the Decolonizing Wealth Project’s latest move.

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How One Tech Giant’s Commitment to Racial Equity is Taking Shape

How One Tech Giant’s Commitment to Racial Equity is Taking Shape

Microsoft recently announced a $15 million investment in nonprofits that provide digital skills and workforce development programming to the Black community. To be considered, nonprofits will have to act fast and apply by September 30.

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New Funder Collaborative Takes on Workers’ Rights—Starting With COVID Response

New Funder Collaborative Takes on Workers’ Rights—Starting With COVID Response

One year after a group of philanthropies met to discuss ways to address fair labor issues, the resulting collaborative, FORGE, has launched a pooled fund aiming to lift worker voices. The fund’s first round of grants focuses on COVID response.

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No Strings Attached: Within MacKenzie Scott’s Global Giving, a Focus on Empowerment

No Strings Attached: Within MacKenzie Scott’s Global Giving, a Focus on Empowerment

MacKenzie Scott’s first moves in international funding aim to empower marginalized people in the Global South to build their own paths to resiliency. That includes millions in direct cash transfers.

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A Fund Backing the Impact Investing Field Makes Its First Moves. Where’s the Money Going?

A Fund Backing the Impact Investing Field Makes Its First Moves. Where’s the Money Going?

A coalition of major impact investors seeking to build out the field made its first round of grants, funding initiatives that focus on public policy and increasing the flow of private capital to urgent social problems.

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How a Boston-Based Insurer Kept a Summer Jobs Program Alive by Going Virtual

How a Boston-Based Insurer Kept a Summer Jobs Program Alive by Going Virtual

With funding from John Hancock, a Boston-based youth employment program has served more than 5,000 young people over 13 years. Here’s how the city rallied together to provide virtual summer internships amid a raging pandemic.

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Backers Had High Hopes for Opportunity Zones. Research Shows They Aren’t Delivering

Backers Had High Hopes for Opportunity Zones. Research Shows They Aren’t Delivering

Lawmakers and funders alike hoped opportunity zones would be a game changer, connecting untapped wealth to areas of poverty. But new research funded by JPMorgan Chase finds they are falling short on advancing racial equity.

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How Two Philanthropic Powerhouses Are Teaming Up to Advance Gender Equality

How Two Philanthropic Powerhouses Are Teaming Up to Advance Gender Equality

A new $30 million grant contest declares that “Equality Can’t Wait.” What’s driving Melinda Gates and Mackenzie Bezos to push for accelerated progress on gender equality in the U.S., and what are they looking for in applicants?

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This Bank Pledged $250 Million for an Inclusive Recovery. Where’s the Money Headed?

This Bank Pledged $250 Million for an Inclusive Recovery. Where’s the Money Headed?

COVID-19 has heightened our awareness of social and economic inequality, and foundations and corporate giants alike are responding with financial commitments. Here’s where JPMorgan Chase’s $250 million pledge is now headed.

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As Corporations Grapple With Commitments to Racial Justice, Authenticity Rules

As Corporations Grapple With Commitments to Racial Justice, Authenticity Rules

Corporations have committed more than $450 million to social and racial justice groups, but are struggling with tone and intent in their responses to mass protests. How can their commitments unfold in inclusive and authentic ways?

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