While living donors and legacy foundations often eye other warily, they have a lot to gain from collaborating and more such efforts are emerging. Here's an example of that, focusing on economic equity.
The Business Alliance for Local Living Economies (BALLE) believes that supporting fair local economies means questioning the larger status quo. Which funders are behind its approach?
With many experts agreeing that automation threatens to alter the American workforce, some donors are backing work to gauge its economic and societal fallout. Here's an example.
With plans to spend a billion dollars in twenty years, the Ralph C. Wilson Foundation has charged into the struggle to revitalize Rust Belt cities. Eyeing new digital opportunities, one of its partners is MIT.
The digital divide is real is many parts of America where there's uneven access to high-speed Internet. One community foundation in Alabama is looking to bridge these gaps, with seed funding from Google.
Swaths of the American heartland are plagued by an absence of jobs and hope. What can a giant foundation do to turn things around in rural parts of its home state?
There's a lot of new wealth in Atlanta and plenty of civic pride. But despite the city's progressive reputation, deep inequities endure, and grantmakers could do much more to close the gaps.
In the face of powerful structural forces arrayed against Flint, Michigan, the Mott Foundation has kept trying new ways to spur prosperity. We look at its latest initiative, focused on a former auto complex.
JPMorgan Chase's giving has gotten a lot more strategic lately, and boosting minority-owned small businesses, starting in Detroit, is one focus. Now that effort is expanding to two more cities.
Do Bill and Melinda Gates, along with the foundation they command, really have either the bandwidth or appetite to take on a sprawling challenge that has long thwarted government and philanthropy alike?
Backed by the founder of Starbucks, a corporate coalition is gunning for a million youth hires by 2021 with a pragmatic initiative focused on a key zone of racial and economic inequity.
The 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.
More than fifty years into the War on Poverty, this organization is shaking up how we support poor families. Funders large and small are paying attention to its unique model.
Last week, we looked at what foundations are doing wrong in the fight against rising economic stratification. Now, we turn the spotlight on a foundation that's been doing everything right.
Just because a city's revitalizing, that doesn't mean it's happening equitably. A group of corporations and foundations are upping their support for a Detroit fund seeking to ensure that it does.
In 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.
As foundations look to drive economic development in their home regions, they're working with a wider array of stakeholders in more ambitious initiatives with lots of moving parts.
With funders facing roadblocks in Washington, D.C. and many states, now's a good moment to focus new attention on making change in another all-important arena: corporations and the private sector.
While other U.S. cities have been getting the biggest JPMorgan Chase grants lately, this funder is also involved in trying to catalyze economic activity in Brooklyn and the South Bronx.
News of a hidden $8 billion foundation based offshore in Bermuda underscores just how opaque the world of big philanthropy really is. What other surprises may be coming?
Lumina and Kresge foundations joined forces with $5 million in grant funds to recognize the efforts of 17 cities to reduce higher education gaps and attract and nurture talented men and women.
The Boston Foundation has been hammering away at workforce challenges for years and shows no signs of letting up, even though it also has a lot of other balls in the air.
Promising $1 billion in grants, the tech giant—lately under fire from a growing chorus of critics—has laid out big plans for advancing economic inclusion. What should we make of this move?
The 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.
Despite the popularity of early childhood education initiatives among funders, few have pushed for accessible and affordable childcare. The Ms. Foundation is making a strong case for doing more.
Planning to spend down $1.2 billion by 2035, the Ralph C. Wilson Foundation is seeking regional transformation in the Rust Belt. One part of its strategy is youth mentoring.
Based in Cleveland, the KeyBank Foundation recently awarded its largest grant ever. The goal? To foster entrepreneurship, small business and better workforce training. Its CEO fills us in.
A Twin Cities-based funder network sees workforce development as a way to reduce poverty, stem homelessness and build racial equity. Advocacy and research are a big part of the picture.
Well out of the political mainstream, the idea of a basic income is intriguing to some funders who are worried about inequality and also keen to put a bureaucratic welfare state out of business.
Nat Williams and the Black Social Change Funders Network argue that under-investment in black-led organizations is hurting the social justice sector writ large. What needs to change?