I’m delighted to share that FJC—a New York-based foundation of donor advised funds—has recently made two philanthropic commitments that build unrestricted support for Benetech. The first is a $50,000 matching challenge-grant, the second a $350,000, five-year term endowment. This level of recognition from FJC is a great honor and we are deeply grateful for their helping us address our most significant philanthropic need.
How do you bridge the breakthroughs of Silicon Valley with unmet social needs? Financial magazine Barron’s highlights this question in a story about CEO Jim Fruchterman, his founding of Benetech, the organization’s social enterprise business model, and the impact of its work on the lives of marginalized communities.