Recently we talked with Bob Friedman about the early days of the asset building movement and how this work drew in funders. Here, in our second article based on that conversation, we hear his thoughts on where the movement is today and where it may be going.
Back in the spring of 2013, when plans for the first enrollment period for ACA were underway, funders were skittish about the public knowing of their support for enrollment efforts, fearing negative backlash from conservative critics. Now, with the White House’s recent announcement that 11.4 million Americans have successfully signed up for Obamacare, funders are more openly acknowledging their support for enrollment efforts.
Money for financial education is flowing pretty steadily these days from banks and other financial services corporate foundations. Now PwC, one of the Big Four auditors and the world’s second largest professional services network, is coming through with grants big and small to improve financial education and skills development for children.
Collaboratives of funders appear to be a growing phenomenon. For housing nonprofits and funders, one collaborative that is particularly important to know about is Funders Together to End Homelessness.
Diane Ravitch opens the discussion about whether Gates will turn to housing as a way to improve educational outcomes with my piece!
We talked with the godfather of asset building, who himself comes from a philanthropic family, to get the inside story of how top foundations got behind one the most innovative policy movements in decades.
In recent years, the bank has dramatically ramped up its grantmaking to help revitalize cities and bolster urban workforces. Now it’s getting more intellectual firepower on its side by hooking up with a top think tank.