Now Reading
$30 million Charles Koch initiative, empowering 100 Nonprofits to scale their transformative solutions to poverty
Dark Light

$30 million Charles Koch initiative, empowering 100 Nonprofits to scale their transformative solutions to poverty

The Stand Together Foundation, a philanthropic organization committed to breaking the cycle of poverty and transforming communities in America, today announced an up to $30 million initiative to support 100 nonprofits fighting poverty, accelerate their impact and transform how society thinks about addressing poverty and social barriers.

Charles Koch is known for a total lifetime giving of well over $1.3 billion to support efforts mainly spearheaded by Stand Together, the Charles Koch Foundation, and Stand Together Foundation to combat poverty and to drive major reforms for criminal justice and education.

Stand Together helps thousands of partners apply a “bottom-up” approach. This means they empower a wide diversity of people to innovate and tackle tough challenges. That’s why their solutions are so effective and scaling by the day. Because the best solutions often come from people closest to the problems themselves.

The Stand Together Foundation, through its flagship Catalyst Program, has identified and partnered with hundreds of the most effective nonprofits in the country that represent an empowerment approach to tackling poverty. Instead of treating people as problems to be managed with sweeping, top-down plans, these organizations truly empower people to realize their full potential.

“Catalyst Impact Partners will transform the way society thinks about addressing social barriers,” said Evan Feinberg.

Now, Stand Together Foundation is helping the most promising of these empowerment organizations take their efforts to the next level and demonstrate to the country that empowerment works better than top-down control. The initiative – Catalyst Impact Partners – will support a select group of leading organizations that have the potential to transform philanthropy. These organizations focus on a wide range of key issues – from education to child and family well-being to health care to public safety to female and minority entrepreneurship, and more.

Catalyst Impact Partners will receive access to a new customer-first measurement approach Stand Together Foundation has created to understand and differentiate their impact. They will also receive Principle Based Management™ coaching and consulting and a grant for as much as $300,000 over three years to grow their impact.

To date, 25 Catalysts have been selected to join the Program. By 2025, Stand Together Foundation’s goal is to welcome 100 Catalysts to participate.

“Our Catalyst partners take a unique approach to helping people overcome barriers that are anchored in a strong belief in people,” said Evan Feinberg, executive director at Stand Together Foundation. “This initiative is about deepening our partnership so that Catalysts can scale their reach, better understand their impact, and ultimately transform the way society thinks about addressing social barriers. If these organizations continue to grow in their effectiveness, and everyone in the country hears about what they are doing, we can transform the entire social sector in America.”

Catalyst Impact Partners will be expected to: Model a “customer-first” impact vision. Catalyst Impact Partners will participate in Stand Together Foundation’s pioneering measurement approach to understand impact through customer feedback, advance a management culture that empowers employees. Catalyst Impact Partners will focus on leveraging Principle Based Management to empower their employees to empower the people they serve.

Build the movement toward empowerment. Identify with and advocate for an empowerment paradigm among philanthropists, non-profits, and the broader social sector.

© 2022 Lifestyles Magazine International. All Rights Reserved.