The Baltimore Workforce Funders Collaborative recently signed onto a national statement on good jobs. The broadly shared, widely endorsed definition of what constitutes a good job was released by the Good Jobs Champions Group, convened by the Families and Workers Fund and the Aspen Institute Economic Opportunities Program, in October 2022. Signed by over 100 leaders from business, labor, policy, philanthropy, academia, and workforce development it represents a historic step forward toward a future in which all work is valued; no one working full-time lives in or near poverty; companies and workers thrive alongside each other; and diverse talent is never overlooked. READ MORE
T. Rowe Price Foundation President John Brothers saw firsthand how the collapse of a nonprofit incubator can decimate the goals of dozens of entrepreneurs.
Now Brothers and T. Rowe Price... READ MORE
Baltimore City depends on nonprofits to provide services, particularly in Black and low-income communities. A reliable contract with the city can allow a nonprofit to expand, serve more residents, and build the employment base of the city. However, longstanding delays in contracting and payment of city partners leave some nonprofits asking if the barriers to accessing city funding are worth the effort. This Abell Report asks what causes the delays in the City's contracting process with nonprofits and how can those delays be fixed? READ MORE
The Morehead-Cain Scholarship at UNC at Chapel Hill has a Civic Collaboration Summer for rising sophomores, and five scholars were assigned to work with Maryland Philanthropy Network and the Middendorf Foundation. This study looks to explore both the permit and grant processes from the perspectives of nonprofit organizations, foundations, and the Baltimore City Government. By interviewing various stakeholders, the scholars gained insight and understood just how complex these processes were. All sides provided their experiences, which led the scholars to develop key takeaways and recommendations to create a more efficient system. READ MORE
Baltimore is a city of opportunity. And opportunity requires investment.
Impact investing, which generates positive social returns alongside financial returns, is proving a valuable tool ... READ MORE
The Baltimore Business Journal spotlights the next generation of Greater Baltimore business leaders. 40 people under the age of 40 who are making significant career achievements and demonstrating social responsibility. Congratulations to Sabrina Thornton, Creativity and Innovation Program Officer for the T. Rowe Price Foundation, who is included among this year's honorees! READ MORE