Philanthropy News Digest
Blue Meridian Partners has announced three place-based partnerships totaling $150 million in support of community-driven plans designed to break cycles of poverty.
Made as part of the Place Matters portfolio, of which Ballmer Group is an anchor funder, the commitment was divided equally among Dallas, San Antonio, and Spartanburg, South Carolina, catalyzing regional and local funding totaling nearly $335 million tied to each community’s unique multiyear plan to improve critical economic and social mobility outcomes. In addition to funding, all three partnerships are members of the StriveTogether Cradle to Career Network, which provides a rigorous approach to developing the capacities and resources essential for improving outcomes.