Trendwatch: Foundations Get Serious About Backing Entrepreneurs and Businesses – Inside Philanthropy

Scholars like Benjamin Friedman have demonstrated that economic growth helps drive any number of positive trends: improved human rights, better health, women’s empowerment, higher education attainment, and on and on.

Historically, though, explicit efforts to foster growth haven’t been all that high on the agenda of a philanthropic world that cares about all the things I just mentioned. In particular, funders haven’t tended to do a lot in the way of supporting entrepreneurs, whose new businesses create many of the new jobs that propel growth. Meanwhile, small business has been on the decline in the U.S. for the last decade, a trend that was greatly accelerated by the Great Recession, with new business creation plunging by 30 percent in the wake of the economic crash.

via Trendwatch: Foundations Get Serious About Backing Entrepreneurs and Businesses – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Expanding Horizons and Hope: The Logic of a Bank’s Funding on Youth Employment  – Inside Philanthropy: Fundraising Intelligence

Youth unemployment is a national problem that is now squarely on the agenda of funders. Just the other day, we wrote about a new initiative spearhead by Starbucks and its CEO Howard Schultz to provide jobs and opportunities to 100,000 young people. We’ve also written about a range of other philanthropic efforts to bolster the work readiness of young people.

Two themes stand out in these initiatives: One, most look beyond the concrete skills of young Americans, or what jobs are available to them, to a deeper, more complex problem—the alienation of many young people from the mainstream world of work and the challenges they face in engaging with this world.

via Expanding Horizons and Hope: The Logic of a Bank’s Funding on Youth Employment  – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

Feature CoPromoter: Social Change Advocate Kiersten Marek | CoPromote Blog

The internet is a great platform to voice your ideas and advocate for social change. Kiersten Marek, writer for news website Inside Philanthropy, uses CoPromote to spread her knowledge and connect with other like minded individuals. Using real life experience, she brings different perspective on many issues. Check out the chat we had with Kiersten below about her content, and the issues she is most passionate about!

via Feature CoPromoter: Social Change Advocate Kiersten Marek | CoPromote Blog.

Foundations Interested in Youth Media | The Chronicle of Social Change

The desire to be a journalist — to tell the stories that inspire feeling and change lives — usually kicks in fairly early in life. Many of us discover in high school that a source of great meaning and gratification comes from being able to communicate with others through writing or another form of media.

Which foundations support youth journalism in its many current incarnations, which now include blogging, videography, Youtubing and podcasting? Which foundations should grant seekers for youth turn to if they want to do the work of cultivating media and journalism for young minds?

via Foundations Interested in Youth Media | The Chronicle of Social Change.

In Case You Missed It: The Subtext of an LGBT Gift by a Silicon Valley Power Couple – Inside Philanthropy: Fundraising Intelligence

If you’ve been reading Inside Philanthropy lately, you know that a number of tech companies and leaders have stepped forward in the past year to address gender issues in tech with philanthropic initiatives. Awareness on this issue is finally growing, although change is still slow.

Now imagine that you are lesbian or transgender. The lack of representation for these minorities in the tech world is not even tracked for data, but based on the experiences of trans and lesbian people in the field, the need for more work on equity for this group is very real. With a high level of isolation and very few role models, lesbian and transgender folks face added challenges in starting and maintaining careers in the tech industry.

via In Case You Missed It: The Subtext of an LGBT Gift by a Silicon Valley Power Couple – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

To Create an Inclusive Economy, Rockefeller Coaxes Business To Change How It Thinks – Inside Philanthropy

The concept of resilience is a great one to have planted in your brain early, and in fact, studies have shown that the more you know about and think about your own psychological resilience, the stronger you can become. But let’s face it—many people don’t really know what resilience means.

So what is resilience? It’s a term most frequently applied in the psychological and medical lingo, describing a person’s ability to withstand extreme hardship, trauma, or illness. The idea is that, constitutionally, people with more resilience are stronger.

via To Create an Inclusive Economy, Rockefeller Coaxes Business To Change How It Thinks – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.

What’s Behind These Surprisingly Big Grants to Boost Small Businesses?  – Inside Philanthropy: Fundraising Intelligence

President Obama has talked a lot in the past year or two about “middle-out” economics—the idea that prosperity is driven not by a few job creators at the top, but by building a thriving middle class. Historically, a robust small business sector has been one key to such broad prosperity, and philanthropic efforts in this area have lately gained steam. Still, there’s not a huge number of funders focusing here in a big way, and many that do are from the business world and see a win-win in boosting mobility while expanding their customer base.

One funder in this space, as we’ve reported before, is Sam’s Club and the Sam’s Club Giving Program. Now it’s stepping things up, recently announcing the Small Business Economic Mobility initiative, a five-year investment in small business growth through increased access to capital and financial skills education. The move was unveiled during National Small Business Week.

via What’s Behind These Surprisingly Big Grants to Boost Small Businesses?  – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.