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Throughout our history, the Edna McConnell Clark Foundation has enjoyed a variety of relationships with funding partners, ranging from simple information-sharing to deeper, aligned, funding collaborations. As the philanthropic marketplace becomes increasingly dynamic, we are committed to advancing funding partnerships for the benefit of our grantees and the youth development field overall.
One such example is our collaboration with various co-investors in our Growth Capital Aggregation Pilot. Our funding partners in this effort include foundations, corporations, and high-net-worth individuals who share our vision for improving the lives of disadvantaged youth.
The following list of co-investors have joined the Foundation in committing $120 million growth capital to support the expansion of three highly effective nonprofit organizations: Nurse-Family Partnership, Youth Villages and Citizen Schools:
Nurse-Family Partnership Bill & Melinda Gates Foundation Robert Wood Johnson Foundation W.K. Kellogg Foundation The Kresge Foundation The Picower Foundation NFP Board of Directors
Youth Villages Bill & Melinda Gates Foundation Day Foundation FedEx Corporation Jenesis Group The Kresge Foundation Strategic Grant Partners YV Board of Directors
Citizen Schools ArcLight Capital The Atlantic Philanthropies Bank of America Charitable Foundation Josh & Anita Bekenstein John S. and James L Knight Foundation Koogle Foundation, a donor advised fund at Silicon Valley Community Foundation The Lovett-Woodsum Foundation The Picower Foundation Samberg Family Foundation Skoll Foundation CS Board of Directors Anonymous
This initial infusion of $120 million in up-front growth capital will lay the groundwork and pave the way for additional investment and support by others. All three organizations will continue to raise significant amounts of renewable, reliable private and public funding to execute their growth strategies and achieve long-term sustainability.
If successful, by 2017 Nurse-Family Partnership will reach 100,000 first-time mothers every year, nearly one sixth of eligible families. And over the next five years, Youth Villages and Citizen Schools will increase their capacity by 50% and have the potential to influence federal and state education and social policy reform efforts.
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