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Hosted by Pivotal Ventures, MacKenzie Scott and Dan Jewett, and Charles and Lynn Schusterman Family Philanthropies, The Challenge Will Award Additional Funding to Two Finalists and Feature Top Ideas On the New Equality Can’t Wait Idea Lab Website
A friend of mine, a master teacher, is fond of an exercise in which she asks her students to briefly study a dime and then, without looking back at it, write down 10 of its features. Most can only recall two or three. Then she asks students to join forces in small groups and, working together, most can now reconstruct the full list. How does this apply to our work at Lever for Change? We’ve learned that working in partnership with others often leads to increased productivity and better outcomes for all.
Time flies. It’s been just over a year since our team at Lever for Change launched the Bold Solutions Network. Born of the John D. and Catherine T. MacArthur Foundation’s 100&Change competition for $100 million, Lever for Change unlocks capital that might otherwise remain on the sidelines. We embolden donors to make larger grants than are typical in philanthropy—$10 million or more—through customized competitions, which provide the opportunity for donors, nonprofits, and social entrepreneurs to connect and solve global challenges together. We then amplify the top-ranked solutions in our Bold Solutions Network to catalyze investments in outstanding teams and accelerate large-scale social change.
At Lever for Change, we prioritize ensuring that our processes and approaches provide value and raise the visibility of bold solutions. While we continued to learn, evolve, and improve over the past year, we have seen strong evidence that being a member of the Bold Solutions Network proves valuable not only for teams who ultimately receive an award, but for all members.
We are fast approaching the first anniversary of our Bold Solutions Network, which matches donors with nonprofits and social enterprises whose solutions to significant social challenges were highly ranked after rigorous evaluation in one of Lever for Change’s competitions.
Earlier this year, Lever for Change launched its Bold Solutions Network to match donors with nonprofits and social enterprises proposing solutions to significant social challenges. Lever for Change supports Network member organizations—whose “bold solutions” were highly rated after rigorous evaluation in its competitions—by providing ongoing learning and networking opportunities to strengthen their work, raise their visibility, and increase their potential to secure funding. In April 2020, Lever for Change launched a partnership with our skills-based volunteering platform, Catchafire, to help strengthen Bold Solutions Network members on organizational and operational needs.
Since its founding in 2019, Lever for Change has partnered with donors to launch nine competitions, ranging from racial and gender equity to economic development and climate change.
We designed the Bold Solutions Network as a vital component of our mission to catalyze funding opportunities and accelerate social change. With more than 110 active nonprofits and social enterprises, the work being done by Bold Solutions Network members currently spans 12 broad interest areas and is conducted on every continent except Antarctica.
When we speak of resilience, we think about people’s ability to withstand hard times and “bounce back.” The year 2020 has been a continuous source of unexpected shocks.
We are undeniably in an era of rapid change. During these uncertain, complex times, when many are peacefully disrupting the status quo, we need to move forward differently, to be more innovative, more inclusive. We need to transform our thinking and acting in ways that will lead to justice and equity for all.
Progress is possible, if our society is willing to make big investments that tackle inequity at scale and remove the impediments that systematically erode the gains we achieve. Our mission at Lever for Change is aligned with these goals.
Last week, MacKenzie Scott announced $1.67 billion in grants to 116 organizations, following up on her Giving Pledge commitment to give away her personal fortune during her lifetime.