One of the most dramatic examples of this new model of “all-in philanthropy” is unfolding in the U.S. Virgin Islands, where a well-resourced team from Bloomberg LP.
The Surdna Foundation announced a new, $4.5 million investment in equitable community development led by community members. Surdna's catalytic contribution to the Amplify Fund will seed a multimillion-dollar pooled fund to put neighborhood...