May 22, 2023 On the Ground with the Ballmer Group, One of LA's Leading Antipoverty Funders May 22, 2023/ Wendy Paris Over the past few years, Steve and Connie Ballmer have continued ramping up their commitments in Los Angeles. We took a deep dive into how a vast tech fortune is being put to use to scale up local economic mobility.Read More
November 18, 2020 How a Unique Funding Model Aims to Strengthen the Link Between Giving and Impact November 18, 2020/ Connie Matthiessen NPX pairs investments and donations to provide up-front capital to nonprofits that can offer concrete results. The metrics-focused model won’t be a fit for all, but the company points to successful case studies and a new Bay Area fund.Read More
June 04, 2019 Inside the New Billionaire War on Poverty June 04, 2019/ Caitlin Reilly In the past few years, some of America’s richest mega-givers have backed new work targeting poverty. Who’s giving? What approaches are receiving support? And will these donors eventually take a more systemic approach to fixing an unequal economy?Read More
April 29, 2019 Behind a $180 Million Corporate Pledge to Connect Youth with Opportunity Worldwide April 29, 2019/ Caitlin Reilly A growing number of philanthropic initiatives are zeroing in on the many teenagers and young adults who aren’t engaged in either school or work. The latest effort, from a major financial products company, is addressing this vexing problem at a global level. Read More
October 05, 2018 Behind a New Institute for Economic Mobility: Powerful Data and Billionaire Donors October 05, 2018/ Caitlin Reilly 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.Read More
August 21, 2018 Game Changer? Just Maybe. Why Gates' Move Into Anti-Poverty Work Is a Big Deal August 21, 2018/ Caitlin Reilly 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. Read More