Expanding opportunity to ensure more of America's workers have jobs that help build a hopeful future for themselves and their families
Far too many people work hard and play by the rules, but the American Dream feels more out of reach than ever before – and for many marginalized communities, it was hardly accessible to begin with. Over our 106-year history, The Rockefeller Foundation has stepped up during the United States’ most critical moments. To meet the moment today and going forward, The Rockefeller Foundation is fighting on every front to expand opportunity for America’s working families.
As part of The Rockefeller Foundation’s comprehensive $65 million investment to help more than 10 million low-wage workers and their families across the United States meet their basic needs and have a path to a better future, the Foundation has launched the U.S. Equity and Economic Opportunity Initiative to transform economic stability and mobility for nearly 5 million low-wage workers in America and leverage over $1 billion in private capital by 2025.
There are more than 44 million working households – representing more than 90 million people across the United States – that have trouble paying their bills each month. The Foundation’s new Equity and Economic Opportunity Initiative is targeting proven economic policies like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) and promoting public-private partnerships to mobilize more responsible investment in Opportunity Zones.
Guided by quantitative and qualitative analysis, The Rockefeller Foundation is partnering with organizations to attract investment that delivers sustainable benefits additional investment around Opportunity Zones in 13 cities where approximately 1.5 million have incomes below the asset-limited, income constrained, employed (ALICE) household survival budget.
At The Rockefeller Foundation, we believe in an America where all people can earn enough to support their families, achieve financial security, and provide their children with more opportunities. Every day, local governments, businesses, and nonprofit leaders across the country are working to make this dream possible in their communities. Yet too often these community-driven approaches are missed by those who could invest in them and help them reach more people. This is especially true…