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Supported by a record $100 million grant from the William Penn Foundation, Philadelphia launched a high-profile, mayor-backed, seven-year, $500 million initiative called “Rebuild” to revitalize neighborhood parks, recreation centers, playgrounds, and libraries across the city.
Many philanthropist struggle to find reliable data to inform their giving. This new blog series will explore stories of impact easily told through data.
The unprecedented times we're experiencing as a result of the COVID-19 crisis will require equally unprecedented, collective acts of unity and trust-based flexibility between funders, nonprofits, and the broader community.
A number of philanthropic response funds have been created to rapidly deploy resources to help our nonprofit community navigate near-and longer-term challenges from COVID-19 and ensure that critical resources remain available for those in our community who need it most.
Results of an online experiment suggest that underrepresentation of people of color in the realm of investing is not only a pipeline problem, and that funds led by people of color might paradoxically face the most barriers to advancement after they have established themselves as strong performers.
Mayor Kenney arugues that ultimately, the best ways to reduced Philadelphia's systemic, intergenerational poverty are to improve educational and economic opportunities, and to empower residents with the resources they need to get family-sustaining jobs.
