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.
Here is a round-up of recent news and developments with the City of Philadelphia's Rebuild initiative.
Nadya Shmavonian, director of the Nonprofit Repositioning Fund, argues that the sustainability of vital services and community assets is threatened by the weakened financial health of nonprofits, and it is in our collective interest to identify and support innovative solutions that support the longterm viability of these important organizations.
Donor collaboratives are being used to fund creative solutions to some of today’s most complex social problems.
(Philadelphia, PA) – The Community Fund for Immigrant Wellness, a participatory grantmaking initiative that aims to promote mental health among immigrant communities, is pleased to announce a $215,000 investment in three implementation grantees for its second grant cycle.
In partnership with the Philadelphia Education Fund, the STEM Equity Collective will use a collective impact approach to identify and close gaps confronting children from backgrounds underrepresented in STEM.
As philanthropy continues to respond to the COVID-19 pandemic, foundations, corporate giving programs and others have an opportunity to redirect and commit resources to rebuild a system desperately begging for change.
Following their participation in a roundtable chat on giving circles at the 2019 SPARX Conference, we invited the Asian Mosaic Fund to answer a few questions about their structure and how they build a sense of community through giving.
With new data about the financial health of Greater Philadelphia nonprofits combined with troubling trends due to COVID-19, it's clear that collaboration will be a vital strategy for both nonprofits and funders if the sector is to continue to provide essential services and stimulate innovation that advances social purpose.
Building on their respective strengths, the two organizations have entered into a partnership to support regional nonprofits considering sustained alliances.
