The information contained on this website is published in good faith but no representation or warranty, express or implied, is made by BlackRock or by any person as to its accuracy or completeness and it should not be relied on as such. In the coming months, well expand our support by partnering with organizations addressing the disproportionate affects climate change has on vulnerable communities. LAWRENCE, NJ; September 14, 2010 BlackRock, Inc., in partnership with the Princeton Area Community Foundation, awarded $25,000 in grants to five charitable organizations throughout Mercer County that focus on the needs of underprivileged children and their families. The firm supports causes employees care about, which includes matching up to $10,000 annually for each employees donations or volunteer hours. We like art that can be experienced in more ways than visually - art that is . ", Marisol Alarcn, Chief Partnerships Officer, Laboratoria: At Laboratoria we work to foster talent diversity in the digital economy of Latin America by training women from underserved backgrounds as web developers and placing them in tech jobs, and by training corporate professionals on the mindset needed to face the digital transformation their companies are experiencing. The success of this partnership now affords us the opportunity to enhance our contribution to society in the many markets where we operate around the world. The Gives Network builds on the foundation of the long-standing Gives Grants program, where employees can nominate any nonprofit tackling a local challenge to receive a grant. As you may know, the Black Rock Arts Foundation and Burning Mans Art Department are coming together to form Burning Man Arts (For more information about this exciting organizational change, see the press release or the FAQ). . The BlackRock Foundation's grant to Breakthrough Energy for its Catalyst Program aims to develop climate technologies than can achieve net-zero emissions by 2050. So, we really needed to change that conversation with our people.01:22-01:30In addition to employers, were partnering across the fintech and payments industry to help bring short-term savings solutions to more people.LOGOS: MasterCard, UrbanFT Financial Technology, Self01:31-01:38Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock FoundationBlackRock has a fiduciary duty to help our clients build better financial futures, but if you widen that lens, we have a social responsibility to help01:39-01:44Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock Foundationmillions of people create a more secure financial future for themselves and for their families.01:45-01:48Find out more about our $50 million commitment to our Emergency Savings Initiative. In addition to Catalyst, Breakthrough Energy also oversees a network of investment vehicles, philanthropic programs, policy advocacy, and other activities, aimed at helping the world reach net-zero emissions by 2050. February 11, 2022. The climate crisis disproportionately impacts economically vulnerable communities. Led by our Social Impact team, well fund organizations that help people access jobs with higher earning potential and tools to build savings. Where a claim is brought against BlackRock by a third party in relation to your use of this website, you hereby agree to fully reimburse BlackRock for all losses, costs, actions, proceedings, claims, damages, expenses (including reasonable legal costs and expenses), or liabilities, whatsoever suffered, or incurred directly by, BlackRock resulting from your improper use of this website. She joined the Board of New American Pathways in 2014, five years before she started working at BlackRock. Catalyst's initial focus will be to help speed the development and . We need to make the technologies and products that dont cause emissions as cheap as those that do, said Bill Gates, Founder, Breakthrough Energy. Microsoft and McKinsey & Company, BlackRock will seed the program's Global Coalition, providing $5 million to help scale their global infrastructure and allocating an additional $8 million to support Generation's . Visit savingsproject.org01:49-ENDBlackRock logo card. Breakthrough Energy Catalyst believes that with significant investments in green innovation, the market at scale can make green tech more affordable and help reduce gigatons of CO2 from the atmosphere every year. web browser that supports HTML5 video. News Release. Your proposal will be considered an incomplete submission and will not be considered for funding if you do not submit a budget. Our thought leadership in investing, risk management, portfolio construction and trading solutions. How does my one dollar or one hour actually change anything about the world? BlackRock's support has been key to advance this work throughout the region, by expanding our impact to other locations, and by allowing us to permanently improve our impact model, based on our continued learning and improvement processes., Matt Forti, Managing Director at One Acre Fund said: At One Acre Fund, we supply 1 million African smallholder farmers with farm inputs, finance, and training that helps them to succeed. The information contained on this website is subject to copyright with all rights reserved. Since 2017, BlackRock has provided us with critical support to enable financial security and economic pathways to prosperity for Africas rural communities. Larry Fink added, Our strategic investment in PennyMac twelve years ago was part of an effort to help our clients access opportunities in the residential mortgage market that BlackRock could otherwise not have provided. The program models the successful Pinnacle Wind Community Benefit fund, which will open its 2022 grant cycle in the fall and has already awarded more than $255,000 in grants to community organizations since 2012. Having been born and raised in Latin America and moved to the U.S when she was 14 years old, Wendy Gutierrez, Head of the Client Experience Management team in Atlanta, knows how it feels to land in an unfamiliar place and acclimate to a new culture. BlackRock, we, us or our means BlackRock, Inc., and each of the direct or indirect subsidiaries of BlackRock, Inc. By confirming that you have read this important information, you are also:(i) Agree that such information will apply to any subsequent access to all the sections of this website by you, and that all such subsequent access will be subject to the disclaimers, risk warnings and other information set out herein; and(ii) Warrant that no other person will access this website from the same computer and logon as you are currently using. Social Impact at BlackRock consists of two distinct pillars: The BlackRock Foundation which focuses on helping people build financial security and participate in an inclusive transition to a low-carbon future, and our employee engagement programs which equip employees to be agents of social change in their communities. 00:00-00:07Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock FoundationIn the wake of research showing how many people in the U.S. and the UK couldnt cover a $400 emergency expense,00:08-00:13Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock Foundationwe launched our philanthropic flagship, Blackrocks Emergency Savings Initiative, back in 2019.00:14-00:19Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock FoundationThanks to our nonprofit partners including Common Cents Lab, Commonwealth and the Financial Health Network,00:20-00:27were helping more businesses support their employees and their customers with one critical building block of financial health.00:28-00:30BlackRock//Supporting communities00:31-00:33Picture collage00:34-00:40Without emergency savings, low-to-moderate income plan participants were twice as likely to withdraw from their workplace retirement account..00:41-00:52Super: Tim FlackeCo-founder & Executive Director, CommonwealthTo me that just illustrates what is a fairly easy intuition, which is, theres a link between our short-term financial well-being and our long-term financial savings.00:56-01:03UPS has also joined the Emergency Savings Initiative to offer a way for its 90K non-union employees to save for emergencies within their current retirement plan.01:06-01:12Super: B.J. Early Careers. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx, 2021 BlackRock, Inc. All Rights reserved. I consult or invest on behalf of a financial institution. We also offer training to our clients, so that they can benefit from our best thinking too. Thanks to a multi-year commitment from The BlackRock Foundation we will be able to support hundreds more in the future., Jina Krause-Vilmar, CEO of Upwardly Global said: "Upwardly Global is proud to partner with BlackRock in building a workforce and economy that embraces the contributions of immigrants and refugees. We partner with nonprofits, start-ups, corporations and our employees to create impact, whether in our own communitites or on a global scale. Other current partnerships and outcomes funded through BlackRocks philanthropic efforts include: In addition to funding solutions to promote a more inclusive and sustainable economy, BlackRocks Social Impact team supports and empowers BlackRocks employees to give back to their communities in ways that are meaningful to them. BlackRocks non-profit partners provided the following comments: Nora Schimang, CEO of CodeDoor said: We are very pleased to have BlackRock as a partner who will accompany CodeDoors growth, especially in Germany. This is why The BlackRock Foundation is committing US$100M to the Breakthrough Energy Catalyst Program. We like art that can be experienced in more ways than visually art that is touched, heard or experienced as well as viewed. BRAF is a 501(c)3 Non-Profit Organization, Federal Tax Exempt ID #91-2130056. programs page on the Burning Man website. Avoiding a climate disaster will require a new industrial revolution. BlackRock originally invested $34 million in PennyMac in 2008, as BlackRock saw client opportunities in the residential home loan market. This program funds highly interactive, community-driven works of art that prioritize community involvement in their development, execution and display. . As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Each office Gives chapter is a springboard for colleagues to work collectively and address their communitys needs. When crises hit communities, BlackRock activates 2:1 matching for employee donations to amplify support. This approach builds upon the firms philanthropic leadership on other pressing societal issues that impact the financial security and wellbeing of people and communities around the world. Person includes, but is not limited to, any natural person resident in the U.S. and any partnership or corporation organized or incorporated under the laws of the U.S. On this website,financial intermediariesare investors that qualify as institutional investors, qualified investor, or professional investors in their respective jurisdiction of residence (as such term is defined by the applicable regulations in such relevant jurisdiction), acting as agents on behalf of non-U.S. Investment implies risk, including the possible loss of principal. Fast-track your prospect research with a Professional plan subscription. List all expenses for the entire project, as well as the amount you are requesting from BRAF. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. 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