Economic Empowerment CSR News

Whole Planet Foundation Honors the Frontier Co-op Well Earth Program

2019 Trailblazer Awarded on October 25, Poverty Is Unnecessary Day
Blog

At Whole Planet Foundation’s Annual Benefit & Auction, the Foundation honored the Frontier Co-op Well Earth sourcing program as its 2019 Trailblazer. The missions of Whole Planet Foundation and Frontier Co-op align perfectly around one central idea -- empowering people. In 2007, Frontier Co-op created the Well Earth sourcing program not only to ensure the sustainability of its products, but to empower its growers.

Family Compensation Fund Improves the Lives of More Than 800 Colombian Farmers

Blog

The Comfandi Family Compensation Fund is improving lives by providing affordable essential services to low-income people and creating employment opportunities throughout its company value chain.

Entrepreneurs and the Racial Wealth Divide: A Q&A With Jessica Norwood

Article

African American entrepreneurs have a significantly harder time than their white counterparts do in securing funding from friends and family to launch their businesses. Entrepreneur Jessica Norwood founded the Runway Project to help them get the seed funding they need to get off the ground. She talked with the Erb Institute about how this approach both enables these entrepreneurs and benefits the broader business community.

Why did you start the Runway Project?

Benevity Announces $40M in Series C Funding From General Atlantic and JMI Equity

Investment Will Further Benevity’s Unmatched Reach and Innovation in Burgeoning Corporate Purpose Technology Sector
Press Release

CALGARY, Alberta, October 22, 2019 /3BL Media/– Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today announced that the company has raised $40M in Series C Funding from General Atlantic and JMI Equity.

Two Latin American Startups Are Selected to Receive Grants at Village Capital Financial Health Accelerator

Monetus and ArriendoAsegurado were ranked “most investment-ready” by peer entrepreneurs and will each receive grants of USD $50,000 from MetLife Foundation, in an accelerator also supported globally by PayPal, and regionally by Moody’s Corporation
Press Release

MEXICO CITY, October 17, 2019 /3BL Media/— Village Capital announced today that two financial health startups, Monetus and ArriendoAsegurado, were selected by their peers as “most investment-ready” at the conclusion of Finance Forward: Latin America 2019, an accelerator to support financial health startups in Latin America.

SunTrust Foundation Awards $500,000 Grant to National Foundation for Credit Counseling

Support expands financial counseling pilot program for Hispanic community
Press Release

ATLANTA, October 7, 2019 /3BL Media/— The SunTrust Foundation has awarded a $500,000 grant to the National Foundation for Credit Counseling® (NFCC), doubling its initial commitment to the organization in 2018, to support a large-scale program for improving the financial wellness of Hispanic and Latino families. The grant will allow the NFCC to expand its services for Hispanic/Latino consumers beyond its original scope of Florida, Georgia, North Carolina and the Houston, Texas, metropolitan area to include all of Texas and Ohio. 

Whole Planet Foundation Launches Annual Poverty Is Unnecessary Project

Partners commit $275,000 to alleviate global poverty through microcredit
Blog

This October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission.

Financial Literacy and Support - Aligning Community Impact With the Sustainable Development Goals

Blog

Financial stability for individuals and families is a key factor underpinning achievement of many of the Sustainable Development Goals including SDGs 1, 2, 3, 4, 5, 6, 7, 8 and 10.

For those living without financial stability, the absence of the essential habits to get on the path to financial stability can be the biggest barrier to success. The road to financial empowerment includes personal financial skills development through example and experience.

Moody’s Ari Lehavi Speaks on Lending to Small Business Owners

Article

Ari Lehavi, Executive Director at Moody’s Analytics, spoke on a panel at Aspen Network of Developing Entrepreneurs’ (ANDE’s) annual conference in September, on ways to support small and growing businesses in emerging markets.

ANDE’s conferences and convenings bring together investors, capacity development providers, foundations, banks, corporations, DFIs and research institutions focused on helping small and growing businesses.

Domestic Violence Survivors Step Forward to Spur Public Action

New Allstate Foundation video series shines light on signs of financial abuse ahead of National Domestic Violence Awareness Month
Press Release

NORTHBROOK, Ill., Sept. 26, 2019 /3BL Media/– Terera[i] was two months pregnant before she realized she was being financially abused.

She was the one who paid the bills, but her husband would often physically block her from going to work. When she had the baby early and took a longer-than-expected maternity leave, she was forced to use her retirement savings to pay the family’s rent. With her husband unwilling to get a job, she had to apply for public assistance. But even then, her husband withheld critical information Terera needed to get financial help.

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