A group of investors drawn from high-net-worth Bank of America clients have invested in a social-impact bond issued by Merrill Lynch and U.S. Trust for a program combating recidivism in New York, reports The Chronicle of Philanthropy.
A group of investors drawn from high-net-worth Bank of America clients have invested in a social-impact bond issued by Merrill Lynch and U.S. Trust for a program combating recidivism in New York, reports The Chronicle of Philanthropy.
In an op-ed for Crain's New York Business, Rockefeller Foundation President Judith Rodin says that the de Blasio Administration must focus on the city's resiliency.
A four-year grant from the New York Life Foundation will build the National Center for School Crisis and Bereavement's capacity to provide bereavement resources in schools, reports Philanthropy News Digest.
The Citi, F.B. Heron, Clark and Mizuho USA foundations are among those supporting a new funder collaborative to help human service providers in New York City, reported PND.
JPMorgan Chase's new $250 million initiative aims to close the "skills gap in in some of the largest United States and European job markets, reports The New York Times.
The first round of grants has been made from The New York Community Trust's $43 million Brooke Astor Funds for New York City Education, reports The Wall Street Journal.