The Bridgespan Group

Third Season of Bridgespan’s Dreaming in Color Podcast Celebrates the Next Generation of Leaders “Reimagining Our World”

Retrieved on: 
Thursday, March 7, 2024

New York, March 07, 2024 (GLOBE NEWSWIRE) -- The Bridgespan Group today launched the third season of its Dreaming in Color podcast, which celebrates the next generation of leaders building a better world.

Key Points: 
  • New York, March 07, 2024 (GLOBE NEWSWIRE) -- The Bridgespan Group today launched the third season of its Dreaming in Color podcast, which celebrates the next generation of leaders building a better world.
  • “This generation is entering the conversation from a different place than I did,” said Isom.
  • “They have internalized and normalized conversations that were once thought of radical, and that’s really exciting.”
    Added Celeste Tate: “This season’s guests are truly reimagining our world.
  • In 2018 Arlan co-founded Backstage Studio, which launched four accelerator programs for underestimated founders in Detroit, Los Angeles, Philadelphia, and London.

Episcopal Relief & Development Welcomes Two New Board Members in 2024

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Episcopal Relief & Development is pleased to welcome Blanca Tomás Famadas and David Washer to the Board of Directors, effective January 1, 2024.

Key Points: 
  • In 2024, Blanca Tomás Famadas and David Washer join Episcopal Relief & Development's Board of Directors.
  • NEW YORK, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Episcopal Relief & Development is pleased to welcome Blanca Tomás Famadas and David Washer to the Board of Directors, effective January 1, 2024.
  • —Teri Lawver, Episcopal Relief & Development Board Chair
    "I am delighted and proud to announce the two newest members of our board," said Teri Lawver, Chair of Episcopal Relief & Development's Board of Directors.
  • New board members are nominated by the Presiding Bishop of The Episcopal Church, and by the Chair of the Board of Episcopal Relief & Development in consultation with the Board's Governance Committee.

Bridgespan and National 4-H Council Report Points to Philanthropy’s Potential to Fuel Economic Mobility in the Black Rural South

Retrieved on: 
Thursday, August 24, 2023

Of the approximately 200 rural counties in the South with Black populations of 25 percent or more (“the Black rural South”), all but two land in the bottom half for upward mobility for young people, previous Bridgespan and National 4-H Council research found.

Key Points: 
  • Of the approximately 200 rural counties in the South with Black populations of 25 percent or more (“the Black rural South”), all but two land in the bottom half for upward mobility for young people, previous Bridgespan and National 4-H Council research found.
  • The social return on investment in the Black rural South is high if philanthropy is willing to think about impact differently.
  • Advancing economic mobility in the Black rural South requires depth, not breadth.
  • “Creating pathways to opportunity for young people in the Black rural South is difficult.

Apollo Impact to Acquire Accent Family of Companies, a Leading Value-Added Distributor and Manufacturer of Baling Wires and Equipment Servicing the Recycling and Waste Management Industries

Retrieved on: 
Monday, August 7, 2023

Accent is a leader in the distribution and manufacturing of baling wires and wire-tier machines, which are core products used in the recycling and waste industries in the U.S., Canada, and the U.K.

Key Points: 
  • Accent is a leader in the distribution and manufacturing of baling wires and wire-tier machines, which are core products used in the recycling and waste industries in the U.S., Canada, and the U.K.
  • In addition, complementing its core recycling solutions business, Accent Building Materials is a regional wholesale distributor of building materials serving customers across the Sun Belt in the U.S.
  • Existing investor Crossplane Capital (“Crossplane”) partnered with Accent’s founders, the Sims family, in 2019 to acquire a controlling interest in Accent.
  • Apollo was advised by Paul, Weiss, Rifkind, Wharton & Garrison LLP, Latham & Watkins LLP, PwC, and the Bridgespan Group.

BACKBLACK CAMPAIGN LAUNCHES TO CONNECT BLACK-LED NONPROFITS WITH PHILANTHROPIC CAPITAL

Retrieved on: 
Thursday, August 3, 2023

NEW YORK, Aug. 3, 2023  /PRNewswire/ -- A coalition of major giving platforms and donors today launched the BackBlack campaign to address funding disparities affecting Black-led nonprofits. Starting this August, during Black Philanthropy Month, Black-led nonprofits can access a central hub – BackBlackMovement.org – to connect with resources and funding opportunities across platforms. 

Key Points: 
  • Starting this August, during Black Philanthropy Month, Black-led nonprofits can access a central hub – BackBlackMovement.org – to connect with resources and funding opportunities across platforms.
  • Moreover, revenues of Black-led nonprofits are 24% smaller than revenues of their White-led counterparts, and unrestricted net assets of Black-led nonprofits are 76% smaller than White-led nonprofits ( Bridgespan Group and Echoing Green ).
  • White-led nonprofits are also more likely to receive corporate donations — 71% vs 58% for BIPOC-led nonprofits ( Nonprofit Finance Fund ).
  • The BackBlack campaign aims to direct more philanthropic capital to Black-led organizations, build greater awareness of racial disparities in funding, and generate new data and insights to close the funding gap.

Merit America Alumni Experience a $24,000 Wage Increase 3+ months Post-Program, According to University of Virginia Analysis

Retrieved on: 
Tuesday, August 1, 2023

WASHINGTON, Aug. 1, 2023 /PRNewswire/ -- Today, Merit America, a national nonprofit that creates pathways to family-sustaining careers for Americans stuck in low-wage jobs, released findings from a longitudinal wage analysis with Professors Ben Castleman and Kelli Bird at the University of Virginia. The analysis examined data (including paystubs, offer letters and self-reported data) from their first 3,000 program completers, and found that on average alumni experienced an annual wage increase of $24,000 – 3 months or more after completing the program.

Key Points: 
  • The pre-program wage of Merit America participants closely mirrored the national average for low-income workers, at just $26,000 annually even with recent inflation.
  • This latest analysis was led by Dr. Ben Castleman, the Newton and Rita Meyers Associate Professor in the Economics of Education at the University of Virginia.
  • "Our mission at Merit America is to break down the barriers that keep talented, historically marginalized candidates from reaching high-paying careers," said Rebecca Taber Staehelin, Co-Founder and Co-CEO of Merit America.
  • The full wage analysis is available here and for more information about Merit America, please visit www.meritamerica.org .

Global Fishing Watch to reveal all human activity at sea with investment through The Audacious Project

Retrieved on: 
Thursday, June 8, 2023

This must change if we're to restore our ocean's health," said Tony Long, chief executive officer at Global Fishing Watch.

Key Points: 
  • This must change if we're to restore our ocean's health," said Tony Long, chief executive officer at Global Fishing Watch.
  • "The audacious work being done by Global Fishing Watch will transform how we see the ocean and our place in it.
  • "We are excited about the change Global Fishing Watch will catalyze over the coming years with this surge in support."
  • ET)
    Global Fishing Watch is an international nonprofit organization dedicated to advancing ocean governance through increased transparency of human activity at sea.

Orlando Museum of Art Board of Trustees appoints Cathryn Mattson as Interim Executive Director and CEO

Retrieved on: 
Tuesday, April 18, 2023

ORLANDO, Fla., April 17, 2023 /PRNewswire/ -- The Board of Trustees is pleased to announce Cathryn Mattson as the Interim Executive Director and CEO of the Orlando Museum of Art, effective May 1, 2023.

Key Points: 
  • ORLANDO, Fla., April 17, 2023 /PRNewswire/ -- The Board of Trustees is pleased to announce Cathryn Mattson as the Interim Executive Director and CEO of the Orlando Museum of Art, effective May 1, 2023.
  • "We are delighted to appoint Cathryn as the Interim CEO of the Orlando Museum of Art," says Mark Elliott, Chairman of the Board of Trustees.
  • Mattson comes to the Orlando Museum of Art as a seasoned executive who has worked domestically and globally across various industries and sectors.
  • "The Orlando Museum of Art provides inspiration to all who visit," says Mattson.

Orlando Museum of Art Board of Trustees Appoints Cathryn Mattson as Interim Executive Director and CEO

Retrieved on: 
Monday, April 17, 2023

ORLANDO, Fla., April 17, 2023 /PRNewswire-PRWeb/ -- The Board of Trustees is pleased to announce Cathryn Mattson as the Interim Executive Director and CEO of the Orlando Museum of Art, effective May 1, 2023. Mattson was chosen, by unanimous vote of the Trustees, after a substantive search and vetting process; she will be responsible for the overall leadership of the Museum.

Key Points: 
  • The Board of Trustees is pleased to announce Cathryn Mattson as the Interim Executive Director and CEO of the Orlando Museum of Art, effective May 1, 2023.
  • ORLANDO, Fla., April 17, 2023 /PRNewswire-PRWeb/ -- The Board of Trustees is pleased to announce Cathryn Mattson as the Interim Executive Director and CEO of the Orlando Museum of Art, effective May 1, 2023.
  • "We are delighted to appoint Cathryn as the Interim CEO of the Orlando Museum of Art," says Mark Elliott, Chairman of the Board of Trustees.
  • Mattson comes to the Orlando Museum of Art as a seasoned executive who has worked domestically and globally across various industries and sectors.

Walmart Foundation teams up with LISC to expand equitable food access, fuel community-based nonprofits

Retrieved on: 
Wednesday, April 5, 2023

"This grant to LISC will help provide communities with more food and nutrition security."

Key Points: 
  • "This grant to LISC will help provide communities with more food and nutrition security."
  • Our collaboration with the Walmart Foundation promotes food justice as part of larger strategies to improve community health."
  • The Equitable Food Access grant program is part of larger efforts at Walmart Foundation and LISC focused on economic opportunity and racial equity.
  • Through the Walmart Foundation, the Walmart.org Center for Racial Equity is supporting solutions for healthy food while also driving economic development and building capacity in predominately Black communities that do not have adequate food access.