The Bronx is a tough part of New York. More than 30 percent of Bronx residents live below the federal poverty line and unemployment is well above the national average, especially for young people of color. That’s why it’s so important that funders like Capital One Foundation are investing in workforce training, to help people get on the first rung of the employment ladder in health care.
“There is still some stigma about men who say, ‘My kids are more important than my work,’ ” said Scott Coltrane, a sociologist studying fatherhood who is the interim president of the University of Oregon. “And basically that’s the message when men take it. But the fact that women are now much more likely to be at least a principal breadwinner, if not the main breadwinner, really changes the dynamic.”
Wow, this is worth your 5 minutes. Join the Super Sweet Alpacas as they explain income inequality to the new employees of the Lollipop factory.
If you’re not tracking the explosion of giving by energy companies, you should be—especially if you raise money for STEM, higher ed, or workforce. Just look at this big give by Chevron in Appalachia.
There’s keen interest right now in connecting young people of color to the work world, and the Rockefeller Foundation is a big funder in this tough terrain. One of their strategies? Changing employer attitudes.
Bill Gates talks about income inequality and recommends a consumption tax on luxuries.
We write about billionaires and their philanthropy almost every day here at IP, and so we’ve been intrigued by Darrell West’s new book, Billionaires: Reflections on the Upper Crust.