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TED’s Audacious Project raised $1B from donors in 2 days to fund big nonprofit initiatives
The Audacious Project raised $1.03 billion from 35 donor families to fund multi-year projects addressing homelessness, public health, and adolescent services, supporting over a dozen nonprofits.
- The collaborative housed at TED announced Tuesday that winners were selected after more than a year of review and fundraising, with $1.03 billion pledged by 35 donor families last October.
- After a year-long selection process, the collaborative required donors to commit at least $10 million, while finalists recorded TED-style talks and The Bridgespan Group helped refine scaling plans.
- Last Mile Health received a second commitment and $20 million to expand frontline health worker training, building on a 2018 grant that grew training from 2,000 to 23,000, according to CEO Lisha McCormick.
- The project will partner with local groups and fund local partner organizations, requiring research participation to assess impact, an approach that has won public funding in San Jose.
- The funding will also back efforts to rework public-health financing after U.S. foreign aid cuts, and many donors increase commitments after seeing peers give, executive director Anna Verghese said.
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35 of America’s wealthiest families donate over $1 billion to nonprofits across the U.S. as part of ‘The Audacious Project’
Last October, 35 major donor families, calling their collaborative The Audacious Project, gathered in California and committed $1.03 billion to more than a dozen nonprofits whose proposed projects span multiple years and take on major challenges. The collaborative, housed at TED, announced the winning nonprofits Tuesday, after spending more than a year selecting the groups and helping them sharpen pitches for larger projects than philanthropic f…
Associated Press News+10 Reposted by 10 other sources
TED's Audacious Project raised $1B from donors in 2 days to fund big nonprofit initiatives
A collaborative of funders called The Audacious Project raised $1 billion over two days to fund large projects proposed by more than a dozen nonprofits.
·United States
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Leaning Left1Leaning Right4Center8Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
C 61%
R 31%
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