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Opportunity NYC
Opportunity NYC was an experimental conditional cash transfer program (CCT) by the Mayor of New York City, Michael Bloomberg. Announced in April 2007, it was the first CCT program to be launched in the United States. Its initial phases were funded by a number of private partners including The Rockefeller Foundation, Robin Hood Foundation, the Open Society Institute, Starr Foundation, AIG, and Mayor Bloomberg's own Bloomberg Family Foundation. The program is being evaluated by MDRC, a nonprofit research firm, using a random assignment research design. Opportunity NYC is administered by Seedco, a nonprofit community development organization. The program ended on 31 August 2010. The program hoped to build on the successes of similar programs that had garnered international recognition in the developing world, namely the Bolsa Familia in Brazil and a similar program, known as Oportunidades in Mexico which is a 10-year-old aid initiative that has been credited with alleviating Mexic ...
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Seedco
Seedco, the Structured Employment Economic Development Corporation, was founded in 1987 and is a national nonprofit organization dedicated to advancing economic opportunity for people, businesses, and communities in need. Seedco's headquarters are located in New York City and the organization does work in Arkansas, Connecticut, Georgia, Maryland, New York, and Tennessee . Seedco formerly invested in low-income communities in many areas of the country to create jobs and support small business owners through its subsidiary, Seedco Financial. Seedco Financial was spun off into its own company in 2012 now under the name TruFund Financial Services. Seedco operates as both a direct services provider and an intermediary organization, helping community-based organizations expand outreach and secure funding, and is an affiliate of the Acacia Network.   Seedco’s major initiatives include: * Workforce development—Using a long-term career case management model, Seedco helps individu ...
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Pantawid Pamilyang Pilipino Program
Pantawid Pamilyang Pilipino Program (English: Bridging Program for the Filipino Family), also known as 4Ps and formerly ''Bangon Pamilyang Pilipino'', is a conditional cash transfer program of the Philippine government under the Department of Social Welfare and Development. It aims to eradicate extreme poverty in the Philippines by investing in health and education particularly in ages 0–18. It is patterned on programs in other developing countries like Brazil (Bolsa Familia) and Mexico (Oportunidades). The 4Ps program now operates in 17 regions, 79 provinces and 1,484 municipalities and 143 key cities covering 4,090,667 household beneficiaries as of June 25, 2014. In April 2019, President Rodrigo Duterte signed a law institutionalizing the 4Ps cash transfer program. Program structure Objective The program focused on these objectives: #Social development: by investing in capability-building, the program will be able to break the intergenerational poverty cycle. #Social assis ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico
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making it the world's 13th-largest country by are ...
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Oportunidades
''Oportunidades'' (English: Opportunities; now rebranded as ''Prospera'') is a government social assistance program in Mexico founded in 2002, based on a previous program called ''Progresa'', created in 1997.Paying for Better Parenting
''New York Times'', Accessed 12/07/06
It is designed to target poverty by providing cash payments to families in exchange for regular school attendance, health clinic visits, and nutrition support.Mexico's Oportunidades Program
Accessed 12/07/06
''Oportunidades'' is cre ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ...
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Bolsa Família
Bolsa Família (, ''Family Allowance'') was a social welfare program of the Government of Brazil, part of the Fome Zero network of federal assistance programs. Bolsa Família provided financial aid to poor Brazilian families. In order to be eligible, families had to ensure that children attend school and get vaccinated. If they exceeded the total of permitted school absences, they were dropped from the program and their funds were suspended. The program attempted to both reduce short-term poverty by direct cash transfers and fight long-term poverty by increasing human capital among the poor through conditional cash transfers. It also worked to give free education to children who couldn't afford to go to school, to show the importance of education.
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MDRC
MDRC is a nonprofit, nonpartisan education and social policy research organization based in New York City; Washington, DC; and Oakland and Los Angeles, California. History In 1974, the Ford Foundation and six government agencies together created the Manpower Demonstration Research Corporation. Its purpose was to implement and document the results of new programs intended to help the poor. In the 1980s and 1990s, it became known for its evaluations of state welfare-to-work programs. It formally retired its original name and adopted "MDRC" as its registered corporate identity in 2003. MDRC works across the United States, in Canada, and in the United Kingdom. Their 2021 budget is $66 million, which they derive from government contracts, foundations, corporations and individuals. Projects MDRC projects are in these main areas: *Preschool through twelfth-grade education * Postsecondary education * Disconnected youth * Work and income security * Low-wage workers and communities * C ...
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Mayor Of New York City
The mayor of New York City, officially Mayor of the City of New York, is head of the executive branch of the government of New York City and the chief executive of New York City. The mayor's office administers all city services, public property, police and fire protection, most public agencies, and enforces all city and state laws within New York City. The budget, overseen by New York City Mayor's Office of Management and Budget, is the largest municipal budget in the United States, totaling $100.7 billion in fiscal year 2021. The City employs 325,000 people, spends about $21 billion to educate more than 1.1 million students (the largest public school system in the United States), and levies $27 billion in taxes. It receives $14 billion from the state and federal governments. The mayor's office is located in New York City Hall; it has jurisdiction over all five boroughs of New York City: Manhattan, Brooklyn, the Bronx, Staten Island and Queens. The mayor appoints numerous offi ...
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Bloomberg Family Foundation
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner, co-founder and CEO of Bloomberg L.P. He was Mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for President of the United States. He has served as chair of the Defense Innovation Board, an independent advisory board that provides recommendations on artificial intelligence, software, data and digital modernization to the United States Department of Defense, since June 2022. Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. As of June 2 ...
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