Foundation Grants
Community Vital Signs
About Us
New York City's shelter population is at a record high, largely fueled by the arrival of new migrants, while the number of people sleeping on the street reached a 15-year peak this year.
But the number of shelter beds set aside specifically for young people has remained stagnant for years, and homeless advocates say the city's main shelter system isn't set up to meet the needs of young adults.
Point Source Youth, a national organization trying to end youth homelessness, helped launch the cash transfer program in the city with two local nonprofits earlier this year.
The goal is to help 100 young adults between the ages of 18 and 24 avoid entering the shelter system by providing one-time payments ranging from $645 to $9,900 that they can use to pay overdue rent or find new living arrangements.
"It shows that young person, that they're trusted with the amount of money they need to solve the problem," says Larry Cohen, Point Source Youth's executive director and co-founder.
Cohen hopes the program can be scaled up across the city as one of the solutions to curbing rising homelessness rates.
The New York Community Trust, a prominent charitable group in the city, is helping fund advocacy efforts around the cash program, to help participants detail their experiences and help influence
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Foundation: Ameriprise Financial
Ameriprise Financial announced nearly $2 million in donations to over 85 nonprofits across the U.S. as part of its first round of 2025 grants, along with $1.58 million in matching gifts from...more
Sustainergy is a worker cooperatives based in Cincinnati, Ohio.The co-op was founded in 2013 by two first generation immigrants.It provides free energy assessments for over 5,000 Cincinnati...more
Foundation: Headwaters Foundation for Justice, MacArthur Foundation, Marguerite Casey Foundation, Marguerite Casey Foundation
This imbalance is all the more jarring given that Native communities are reeling from the Trump administration's draconian spending cuts.Funders with a track record of supporting Native American...more
Sphinx Works to Diversify the World of Classical Music as Funding Contracts.Sphinx has launched six successful classical ensembles, commissioned nearly 100 works by composers of color, and grown an...more
Foundation: Minneapolis Foundation
A federal judge has ordered the Trump administration to release $180 million in federal funding for environmental justice projects, including $60 million in the Pacific Northwest.The Environmental...more
Hollins said that this event was in line with one of the department's main missions: to elevate Virginia educators through the Elevate Virginia Educators initiative.The chamber presented 27 awards in...more
California must consider how to increase interest in teaching and lower the cost of and barriers to entering the profession.AB-1128, a bill under consideration in the legislature, proposes a...more
Encore Data Products is set to showcase its latest educational technology at the ISTE 2025 conference.The ISTE conference is known for bringing together educators and tech leaders to discuss the...more
Schools announces new leadership for 2025-26 school year.Dr. Lee Ziegler was announced as the new community superintendent of the North River Learning Community on June 23, 2025.Elaine Harper was...more
New research from MIT Sloan finds generative AI boosts employee creativity.But only for those who actively reflect on and adapt how they use it."To fully unlock their creative potential, employees...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.