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Research Outline
Prepared for Alfred | Delivered October 9, 2019
Economic Inequality: Grants
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Goals
Determine the grant and funding possibilities for a technology-focused think tank that is tackling economic inequality. The information will be used to apply for a grant and build the business model for the think tank.
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Early Findings
ECONOMIC INEQUALITY: GRANTS LANDSCAPE
In recent years,
many foundations
turn their focus on initiatives that promote equality.
However, the
economic divide
seems to be getting wider in the US due to several factors.
There is also a
new tax law
that was recently enacted that economists predicted will only lead to worsening inequality.
The tax law is also expected to result in the
reduction of "government safety net programs
" over the years.
Around the country, politicians are also pursuing regulations that are more likely to
move wealth upwards
and reduce social programs.
Also, mainstream and liberal philanthropists are
not concentrating on critical areas
such as economics, regulation, and entitlements, as well as the conservatives' investments in media, legal networks and movement building.
They concentrated instead on small community-based initiatives to "
build wealth, create jobs and housing
, and improve human services."
As a result, philanthropic efforts are
not as effective in eradicating
economic inequalities.
Because of these scenarios, analysts are also saying that the efforts of these foundations are ineffective as they are more concentrated on "
nurturing saplings while the forest
is being clear-cut."
ECONOMIC INEQUALITY: GRANT PROGRAMS
The
Ford Foundation Center
for Social Justice is focused on addressing
economic inequality
through its grant programs.
The
McNulty Foundation
is involved in
allocating grants
to various ventures such as those that are involved in eradicating economic inequalities in various sectors.
The
William T. Grant Foundation
offers grant programs to initiatives, research, and institutions that are involved in reducing inequality.
The
Arca Foundation
provides grants to initiatives and organizations that are involved in addressing social concerns such as inequality.
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