A Closer Look at the Foundation Behind a $1.3 Billion Donation to Africa’s Pandemic Response

A Closer Look at the Foundation Behind a $1.3 Billion Donation to Africa’s Pandemic Response

The Mastercard Foundation recently announced one of the largest private pandemic response donations, a $1.3 billion partnership with Africa CDC. We unpack the program, and how this huge global funder works.

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A Major Backer of Summer Youth Employment Weighs in on What Works

A Major Backer of Summer Youth Employment Weighs in on What Works

JPMorganChase is wrapping up a $17 million youth employment initiative. The funder shares what works, and what the future holds for its programs, which have provided 40,000 students with jobs in the past five years.

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In Tulsa, a Family Foundation Aims to Advance Equity by Supporting Entrepreneurs

In Tulsa, a Family Foundation Aims to Advance Equity by Supporting Entrepreneurs

Racial discrimination and wealth inequality have deep, tragic roots in Tulsa, Oklahoma. Here’s how the Lobeck Taylor Family Foundation is supporting local food industry entrepreneurs to advance racial equity.

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From the “Who” to the “What”: the Skoll Foundation Clarifies Its Priorities

From the “Who” to the “What”: the Skoll Foundation Clarifies Its Priorities

The Skoll Foundation places a large focus on social entrepreneurs and social innovators. Going forward, it intends to continue doing so within five priority areas that reflect key challenges of the current era.

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To Advance Community Self-Determination, Funders May Need to Leave Their Comfort Zones

To Advance Community Self-Determination, Funders May Need to Leave Their Comfort Zones

The East Bay Permanent Real Estate Cooperative puts property ownership in the hands of community members. It’s an innovative model, but runs up against the limits of what most 501(c)(3) funders support. Can that change?

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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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