The Andrew Carnegie Foundation, the El-Erian Family Foundation and Coefficient Giving employ innovative financing approaches with Theirworld for children and young people.
The commitments, totalling $1.6 million, reflect growing donor interest in investing in long-term, systems-focused approaches to supporting children.
More than 270 million children are out of school, a crisis exacerbated by conflicts in Ukraine, Gaza, Sudan and beyond.
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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.