Philanthropy’s support of veterans causes has been spotty, even as the needs of veterans have grown. So it’s a big deal that Craigslist founder Craig Newmark has emerged as a major new giver in this space.
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.
Detroit 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.
Ohio 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.
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.
Some of the nation’s wealthiest philanthropists have lately swung behind new work to make city economies more equitable and inclusive. We look at the latest initiative attracting big grant money.
Many 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.
Funders 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.
Since 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.
Even 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.
Walmart 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.
In 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.
A 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.
The 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.
News 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.
As 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.
Philanthropists 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.
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.
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.
In 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.
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.
We’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.
Since 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.
Steve 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?
Aside 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.
Experts and top funders in rural America say there’s far more activity and sophistication in this corner of philanthropy than most people realize. But also some challenging issues, especially for newcomers to the field.
Two big new commitments from Google and Accenture offer a window into the biggest trend in corporate philanthropy right now. What’s behind all the focus on the “future of work”?
A recent gift by PepsiCo illustrates several threads weaving through corporate philanthropy right now, with its focus on tackling urban inequities, empowering women, and equipping young people of color for STEM jobs.
Corporate philanthropy is getting much more strategic these days, and for the big banks, inclusive urban prosperity is a top priority. Along with JPMorgan Chase, Citi Foundation is a key player here.
It's good to see leading companies like Walmart and Google making grants to train workers for better jobs. Some of these firms, though, are complicit in America’s low-road, low-wage economy.