In today’s world of growing nationalism and division, philanthropy’s role as a bridge builder is even more critical. Funders of all types and sizes are working across divides to drive social change, from strengthening democracy and civic engagement in increasingly partisan societies to facilitating interfaith dialogue and working to respond to and prevent acts of hate and violence.
The U.S. Department of Housing and Urban Development, in partnership with the Council on Foundations, presents this award emphasizes cross-sector partnerships between the philanthropic and public sectors.
Philanthropy can help bridge the gap between a community’s need for growth and the people who can and want to drive that growth, but need support to do so. Foundations are able to invest in sustainable and equitable development, using innovative strategies and capitalizing on their unique role as a convener, grantmaker, and endowment builder to support workforce development, establish diverse financial tools, and encourage an inclusive entrepreneurship culture.
Opporunity Zones are state-nominated, economically depressed communities that are in need of new investment. These investments could, under certain circumstances, be eligable for preferential tax treatment in an effort to help spur economic development.
Over the long term, the Council will be working to solidify a national leadership role for the philanthropic sector in this emergent national priority.
The SDGs provide a framework for foundations to lead together with governments, civil society, and the private sector to create a better world, in the US and around the globe.
These are other initiatives the Council pursued in the past.