Diverse Investments in U.S. and Abroad Fuel a New Push for Inclusive Mobility
What really drives sustainable, inclusive growth? And what solutions can philanthropy provide in a world where 1 percent of the population holds 45 percent of the wealth, and a digital revolution is swiftly lifting some, while sweeping others aside?
A cross section of purpose-driven leaders unveiled new tactics last week at an inaugural summit co-hosted by the Mastercard Center for Inclusive Growth and the Aspen Institute. Together, participants made more than $72 million in commitments to drive progress on sustainable economic equality.
Among the solutions put forward were a $26 million marshaling of resources between the hosts, a data-driven toolkit to help federal Opportunity Zones achieve equitable growth, and two significant grant announcements—one to lift economic mobility by connecting low-income Americans to government benefits, and another that’s part of an effort to help women, micro-entrepreneurs and smallholder farmers participate in the global economy.
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Source: Inside Philanthropy
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