Economic Empowerment CSR News

Communities Campaign Raises $658,787 to Support Local and Global Communities

Whole Planet Foundation will expand poverty alleviation through microcredit
Blog

The Whole Foods Market Foundations combined forces in a Communities Campaign last month to raise awareness and funds, enabling shoppers to join causes such as poverty alleviation in the United States and around the globe through Whole Planet Foundation.

PayPal Partners with Even to Provide New Tools to Improve the Financial Health of its Workforce

Press Release

SAN JOSE, Calif., Nov. 17, 2020 /3BL Media/ -- PayPal today announced it is partnering with Even, the responsible on-demand pay platform, as part of its continued commitment to improve the financial health of its workforce. All PayPal employees in the U.S. can now use Even to get paid early, automatically budget and grow their savings, and have full visibility into their earnings through an easy-to-use mobile app. 

Built for All: A Global Framework for Building Inclusive Economies

Blog

Our global economic system has enabled billions to lift themselves from poverty. It fueled material success and sustained improvements in health, literacy, and nutrition. As a result, we have seen rising living standards, significant advances in technology, soaring innovation and strong social progress.

However, the benefits of economic growth were not always fairly or broadly distributed, and the models of our past successes might not be those that could lead us into a new era of sustained and shared prosperity.

As Important as Ever: Microloans for Women-Owned Small Businesses in the United States

by J.P. Kloninger, Whole Planet Foundation North America Program Manager
Summary: 

Whole Planet Foundation has contributed $5.6 million to our primary microfinance partner in the United States, Grameen America, to alleviate poverty by funding microcredit loans for low-income entrepreneurs. 

After five consecutive years of declines in the national poverty rate, the United States is expected to experience a spike of approximately 6.5% (from 12.4% to 18.9%) in 2020.  This means an increase of over 21 million individuals living in poverty, resulting in the highest poverty level in the United States since 1967. Low rates of financial inclusion make the climb out of poverty extremely difficult.

Blog

Whole Planet Foundation has contributed $5.6 million to our primary microfinance partner in the United States, Grameen America, to alleviate poverty by funding microcredit loans for low-income entrepreneurs. 

After five consecutive years of declines in the national poverty rate, the United States is expected to experience a spike of approximately 6.5% (from 12.4% to 18.9%) in 2020.  This means an increase of over 21 million individuals living in poverty, resulting in the highest poverty level in the United States since 1967. Low rates of financial inclusion make the climb out of poverty extremely difficult.

Third-generation Bakery Owner Shares Her Race Against COVID-19 to Keep Her Family Business Alive

Blog

At the corner of 27th Street and Central Avenue in Los Angeles sits 27th Street Bakery, a neighborhood staple for over sixty years. Its third-generation owner, Jeanette Bolden-Pickens, was concerned her family’s business might not survive the impact of COVID-19 this spring. Now, through community support and a grant, she is optimistic for the upcoming holiday season.

UPS Longitudes | Sustainable Development in a Post-COVID World

Penny Naas @ UPS
Article

This year has unleashed an onslaught of global challenges: natural disasters, economic volatility, social protests and a pandemic that has upended our way of life and illuminated longstanding inequities. 

At the same time, as we begin to look to the future, we see some bright spots in terms of how companies are looking at the lessons from the past few months. Corporations have an opportunity to change the status quo, question decisions and start with a clean slate to develop more sustainable and equitable work policies, processes, products and investments.

UPS Longitudes | Be Brave, Be Authentic: Women Business Owners Keep Us Vibrant

Jen Earle @ NAWBO
Article

Roughly a thousand women business owners gathered together recently for the annual NAWBO Women's Business Conference. This year, we did not travel to Austin, Texas, to a crowded conference center, walking the exhibit booths, exchanging business cards and giving our keynote speaker a standing ovation.

100+ Advocates Join the Poverty is Unnecessary Project 2020

City of Austin, Texas Proclaims October 25th, 2020 as Poverty is Unnecessary Day
Blog

The Whole Planet Foundation Poverty Is Unnecessary Project includes Poverty Is Unnecessary Fund members donating $25,000 each to alleviate global poverty and culminates in the Poverty Is Unnecessary Online Auction & Celebration on October 25th.  This year, the online event marks 15 years of this work by Whole Planet Foundation and its passionate su

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