article thumbnail

Laying the Groundwork for Government-Led Poverty Reduction

Stanford Social Innovation Review

By Dianne Calvi & Taddeo Muriuki In September 2024, an article in The Economist posed a provocative question: Can evidence-based development programs, like those championed by Nobel Prize-winning economist Esther Duflo, scale effectively to combat the growing challenges of extreme poverty? The stakes have never been higher.

Poverty 105
article thumbnail

Building an Economy with Purpose: The Transformative Potential of Baby Bonds

NonProfit Quarterly

Instead of reacting to inequality by redistributing wealth…policies like baby bonds ensure every child starts with a solid foundation. By ensuring every child has access to a financial foundation, baby bonds directly challenge the entrenched systems of power and privilege perpetuating inequality. They are the result of policy choices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

Stanford Social Innovation Review

But when we look at philanthropy in the US and Europe, the list of private foundations that have a primary focus on SME growth is extremely small, just over a dozen. And certainly, lifting the ultra-poor out of poverty is a noble and necessary use of philanthropic dollars. There are 3.4 There are 3.4 Not philanthropy’s problem.

article thumbnail

Empowering Students Through Education: How One Nonprofit is Expanding Access for Those Affected by Poverty

Nonprofit Leadership Podcast

In this episode, Rob Harter sits down with Yoon Choi, CEO of CollegeSpring, a nonprofit organization committed to providing equitable access to college readiness resources for students impacted by poverty.

Poverty 40
article thumbnail

Lessons from the 2024 Atlantic hurricane season: What philanthropy can do better

Candid

In Sarasota County, it destroyed million-dollar homes on barrier islands, impacting the donors nonprofits and foundations rely on for disaster relief funding. million to the North Carolina Community Foundation to support recovery needs across Western North Carolina. CDP encourages giving grants locally as much as possible.

article thumbnail

Defying the Odds: The Case for Investing in Organizing Workers in the South

NonProfit Quarterly

Through our Southern Workers Opportunity (SWO) fund, in collaboration with the AFL-CIO, the Ford Foundation, and the Service Employees International Union (SEIU), we have committed more than $10 million in multiyear grants since 2022 to Black- and Brown-led worker organizations in the region.

article thumbnail

A Fair Shot for Every Child: The Nuts and Bolts of Baby Bonds

NonProfit Quarterly

In recent years, baby bondspublicly funded trust accounts created to provide children born into low-wealth families with a guaranteed financial foundation upon reaching adulthoodhave evolved from idea to movement. The First Baby Bond Baby Addressing immediate needs alone will never break the cycle of intergenerational poverty.