Social Finance Receives Transformative Gift from MacKenzie Scott and Dan Jewett
Today, MacKenzie Scott shared “Seeding by Ceding,” a Medium blog post outlining gifts totaling $2.7 billion to 286 high-impact organizations, including Social Finance....
Read MoreThe Boston Globe: These Massachusetts Organizations Received Donations from MacKenzie Scott
A number of Massachusetts organizations received millions of dollars in donations as part of Mackenzie Scott’s latest, $2.7 billion round of philanthropic gifts. Scott, the former wife of Amazon founder Jeff Bezos, announced on Tuesday that she would be distributing the money to 286 organizations “in categories and communities that have been historically underfunded and overlooked.”
Scott, who last year gave away about $6 billion in two surprise announcements, said she and her husband, Dan Jewett, along with a team of advisers, made the donations with the belief that “it would be better if disproportionate wealth were not concentrated in a small number of hands.”
Read MoreIntroducing Workforce Realigned
As we begin to recover from one of our nation’s greatest crises, it’s time to rethink the way we finance worker upskilling to meet the future of work. For all of the confident predictions we see about the future of work, the humbling reality is that there’s real uncertainty. America faced declining economic mobility and a growing skills mismatch before the pandemic; as the economy transforms, that uncertainty grows. With it comes financial risk: We—students, employers, public workforce developers, our collective society—don’t always know which investments will pay off....
Read MoreSocial Finance Announces New Career Impact Bond with American Diesel Training Centers to Expand Access to Economic Mobility
The impact investing nonprofit is helping to finance diesel technician training amidst shortage ...
Read MoreHarvard Business School Managing the Future of Work: Social Finance: Trainers Make the Grade When Students Get Good Jobs
Excerpted from Managing the Future of Work podcast...
Read MoreMarketWatch: Here’s a Rewarding Investment: Boost the U.S. Recovery by Helping Workers Get the Skills They Need
By Adam Rein and Charlotte Cipolletti...
Read MoreTo Support an Equitable Recovery, Donor-Advised Funds Should Look Beyond Grantmaking
This article originally appeared on Inside Philanthropy....
Read MoreU.S. Department of the Treasury: Treasury and Labor Departments Award Funding for the First Social Impact Partnership Project
Excerpted from U.S. Department of the Treasury...
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