Gates Foundation Pledges $100 Million to Tackle U.S. Poverty

The commitment is part of a larger $460 million four-year plan to improve economic mobility for 50 million Americans earning 200% of the poverty level or less.

The Gates Foundation has pledged $100 million to expand its work on economic mobility in the U.S., part of a $460 million commitment over four years.
The foundation's strategy involves large grants to organizations with autonomy in directing their work and that of subgrantees, a shift in the foundation's approach.
The foundation's goal is to improve economic mobility for 50 million people in the U.S. who earn 200% of the poverty level or less.
The foundation will fund organizations working on various aspects of economic mobility, including support for local government implementing evidence-based policies, connecting people with skills but without college degrees to jobs, and helping people claim government benefits.
Among the grantees are Opportunity@Work, Families and Workers Fund, Prosperity Now, Pacific Community Ventures, Results for America and the Urban Institute.