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Every person wants to lead a safe and healthy life. We want the opportunity to fulfill our greatest potential, and to receive the support and guidance we need to travel down our own unique path. We wish this for ourselves and seek it for our children and loved ones.
In fact, communities all over the country go to great lengths to create conditions for young people to thrive. Every year, efforts to promote youth wellbeing amount to hundreds of billions of dollars in public expenditures in education, health care, community development, and related fields. Together with significant resource contributions from the philanthropic, nonprofit, academic and private sectors, these investments make clear that creating, promoting, and sustaining health and safety for young people is a national priority.
This report details how funders can embrace the power of young people to advance healthier and safer communities.
The role of corporate philanthropy is at a pivotal point as executive, employee, and customer expectations shift and stakeholders increasingly expect businesses to value and invest in societal welfare. In this rapidly evolving environment, there is opportunity for corporate foundations to reevaluate traditional approaches to grant making, social responsibility, and engagement with counterpart organizations.
The life sciences and health care industry provides an exceptionally compelling illustration of macrophilanthropic trends and possibilities. Although all industries can constructively transform existing corporate philanthropy models, the life sciences and health care ecosystem is experiencing dramatic increases in consumer engagement, perceived social responsibility, and global attention that make more thoughtful, strategic philanthropic investment especially urgent. In this paper, they examine the current health ecosystem, evolving stakeholder expectations, the unique position of life sciences and health care foundations to effect critical change,and alternative engagement models with demonstrated track records of success on an international scale.
Citibank has announced a second round of investments through the Citi Impact Fund in Black-, women-, and veteran-led companies working to address pressing social problems.
Launched in 2020, the $200 million fund makes equity investments in "double bottom line" companies working to create impact in one of five areas: workforce development, financial capability, physical and social infrastructure, sustainability, and access to capital and economic opportunity.
"The Citi Impact Fund is broadening access to capital for founders like me," said MedHaul founder and CEO Erica Plybeah. "MedHaul is the first company receiving earlier-stage seed investment from the fund, and we're extremely excited to partner with Citi as we scale our company to support more people in need of quality, dependable medical transportation."
Looking to help drive economic opportunity and upward mobility, Bank of America announced Tuesday that it will be making more than $4.2 million in grants to 75 New Jersey nonprofits.
The grants, announced during “Giving Tuesday,” will be used by groups that focus on basic needs, affordable housing, workforce development and small business and economic revitalization, Bank of America New Jersey President Alberto Garofalo said.
“As part of our commitment to sustainable growth, helping local organizations address immediate short- and long-term needs has been key on our path of economic recovery,” he said. “By supporting New Jersey’s incredible network of nonprofits, Bank of America is providing philanthropic capital to help advance economic and social progress, establishing pathways to success and stability for our community.”
In our most recent funding rounds, the Dodge Foundation made more than $5.4 million in grants to nonprofit organizations supporting the arts, education, environment, informed communities, sector capacity building, and new Imagine a New Way and Momentum Fund grantees.
In our Imagine a New Way and Momentum Fund grantmaking, we have been investing in and taking guidance from networks, movements, organizations, and leaders who are closest to the harms of injustice; who have been historically excluded from investment and opportunity; and who are working to address the root cause and repair of structural racism and inequity in their work.
These grantee partners lead organizations and initiatives that strategically build power; dismantle systems of injustice; and strengthen economic resilience through narrative change, movement building and organizing, policy advocacy, and sector capacity building.
Mayor Steven M. Fulop, the Office of Cultural Affairs, and the Jersey City Arts and Culture Trust Fund Committee are proud to announce the recipients of the fourth round of Arts and Culture Trust Fund grants, awarding over $1 million to 112 artists, organizations, and arts education initiatives across Jersey City. By helping Jersey City artists and cultural organizations continue to thrive, these critical investments fulfill the Fulop Administration’s initial goals when the state’s first Arts and Culture Trust Fund was launched in 2020.
“This round of grant funding not only marks our largest to date, but it also builds on our promise to prioritize equity, opportunity, and cultural vitality citywide,” said Mayor Fulop. “In just 5 years, we’ve awarded nearly 400 grants worth over $4 million to support Jersey City artists and arts organizations.”
The PSEG Foundation celebrated a decade of community impact through its Neighborhood Partners Program (NPP), hosting a special event to honor more than 400 nonprofit organizations that have received nearly $8 million in grants since the program’s inception. This year, the program set new records, with an 11% increase in applications and $1.2 million in total giving—a 20% rise from last year’s $1 million.
Representatives from more than 100 nonprofits that have benefited from the program attended the event, sharing testimonials about its impact on their communities. The NPP provides grant funding to eligible 501(c)(3) organizations that demonstrate effective programming aligned with the PSEG Foundation’s three strategic pillars: environmental sustainability, social justice, and equity and economic empowerment.
“In 10 years, the Neighborhood Partners Program has not only awarded millions in grants but has stood alongside hundreds of community-led organizations to create lasting change throughout New Jersey. NPP now serves as a role model for other funders who also seek to be catalysts for progress at the neighborhood level,” said Calvin Ledford Jr., president of the PSEG Foundation. “We are proud to support these transformative partnerships, which embody our unwavering commitment to empowering communities, tackling critical environmental and socio-economic challenges, and advancing equity—especially for those with the greatest need—so that all communities can thrive in a more sustainable and just New Jersey.”