Through the new BlackRock Foundation and the contribution of 15.6 million shares of PennyMac Financial Services with a market value of $589 million, we will broaden our philanthropic investments in economic mobility, financial resiliency and sustainability. Please complete the application form below to apply for a grant from The Rapha Foundation. Clean energy is a priority for BlackRock and its clients. List all expenses for the entire project, as well as the amount you are requesting from BRAF. These funds will be strategically deployed to partners and programs aligned with this mission, helping catalyze new and innovative ideas that support social and economic progress for more people around the world. Last year, BlackRocks philanthropic funds committed $50 million to launch a new Emergency Savings Initiative to build, test, and pilot custom short-term savings tools and strategies for people living on low-incomes. Ed SweeneyEmail: ed.sweeney@blackrock.comPhone: 646-231-0268, Kate MikesellEmail: kate.mikesell@breakthroughenergy.org Phone: 202-341-0332, BlackRocks purpose is to help more and more people experience financial well-being. By accessing the website, you certify that you are a financial intermediary acting as an agent on behalf of a non-U.S. The BlackRock Foundation's grant to Breakthrough Energy for its Catalyst Program aims to develop climate technologies than can achieve net-zero emissions by 2050. It feels enriching to know Im connecting BlackRock with a local partner who can make an impact, Lisa says. We like art that can be experienced in more ways than visually art that is touched, heard or experienced as well as viewed. The BlackRock Foundation will broaden the firms philanthropic investments in economic mobility, financial resiliency and sustainability, Firms enhanced philanthropic commitment to be funded by contribution of firms remaining 20% stake in PennyMac Financial Services. We require that you submit a budget, and appreciate a detailed budget. Terms of Service. Expenses may include, but are not limited to, artist fees, material costs, equipment rental or purchases, permit and insurance fees, travel expenses, and operational overhead costs. Through volunteerism, fundraising and pro-bono support, the Gives Network leverages the power in numbers and combined creativity of BlackRock employees to unlock opportunities to amplify support for local nonprofits. This charitable contribution will allow us to catalyze new and innovative ideas, outside of our core business, to support social and economic progress for more and more people around the world. 2002 Grant Recipients. Breakthrough Energy Catalyst is a first-of-its-kind model to finance, produce, and buy the new solutions that will underpin a zero-carbon economy. BRAF is a 501(c)3 Non-Profit Organization, Federal Tax Exempt ID #91-2130056. programs page on the Burning Man website. About Clearway Energy Group Clearway Energy Group is leading the transition to a world powered by clean energy. The program is run by @IndependentAge, an organization that supports the rights and needs of older people in the UK in order to help them live well with dignity, choice and control. In Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or soldto any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. BlackRock shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential. Your proposal needs to contain comprehensive information to support the commercial viability and the financial position of your business. Along with our public affiliate Clearway Energy, Inc., we own and operate more than 8 gigawatts of renewable and conventional energy assets across the country. We partner with nonprofits, start-ups, corporations and our employees to create impact, whether in our own communities or on a global scale. No information on this website constitutes investment, tax, legal or any other advice. Grant recipients will be expected to provide the Foundation with an evaluation report . The application deadlines for the 2023 calendar year are as follows: February 1, 2023; June 1, 2023; September 1, 2023; . Provide easy access to matching gift forms, guidelines, and instructions that donors need to submit their matching gift requests. Wealth Advisory (USWA) Leveraged Sales Desk in Boston and Atlanta, champions an organization called BUILD, which embeds an entrepreneurship curriculum into high schools across Boston to help address student drop-out rates. Some, however, do connect to the Burning Man Regional Network, using the existing collaborations and established organizations to usher new artwork into their communities. Supporting an inclusive and sustainable economic recovery. This is why The BlackRock Foundation is committing $100M to the Breakthrough Energy Catalyst Program. Our employee engagement programs focus on the role our employees play to drive local impact and . We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. BlackRock made an initial charitable contribution of 6.1 million units to the BlackRock Charitable Fund, valued at approximately $125 million, following PennyMacs successful IPO in 2013. To learn more about Breakthrough Energy Catalyst, visit blackrock.com/breakthrough. BRAF supports and promotes community, interactive art and civic participation. BlackRock originally invested $34 million in PennyMac in 2008, as BlackRock saw client opportunities in the residential home loan market. The Venable Foundation accepts applications three times per year. The $100 million grant aligns with BlackRocks conviction that climate risk is investment risk and complements several other initiatives focused on the intersection of sustainability and technology. Get our monthly newsletter, event announcements and important updates about our grant cycle. The climate transition presents an historic investment opportunity. Weve begun work to support organizations addressing this challenge in the coming year.. Glimmer|Austin offers three types of grants: Early Stage, Seed grants: These are one-year grants of up to $20,000 invested in startup and/or early-stage nonprofits who have shown potential and momentum and are looking for funding and support to get off the ground or expand. If submitting video, we suggest submitting no more than 5 minutes of video. The letter of inquiry should be limited to no more than four pages. Were proud of our employees efforts to support the communities where we live and work. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. What Girlboss meant before, and what it means now, are very different. Below are the questions you will find in BRAF's 2014 grant application. Bill says that bringing the USWA team together around a purposeful initiative outside of work hours has helped him get to know the people on his team. Black Rock, a 115-megawatt wind farm in Grant and Mineral counties, is . Direct all of your . I found out what was important to my colleagues, and we shared the experience of going out into the community where we worked and where our dollars and volunteer time made an impact.. NEW YORK September 20, 2021 The BlackRock Foundation today announced a $100 million grant to Breakthrough Energys Catalyst Program (Catalyst) to help accelerate the development of the climate solutions necessary to achieve net-zero emissions by 2050. Over US$50T in new investments is needed to fund the global energy transition.1 Reaching that staggering number will require innovative new partnerships across the public, private and nonprofit sectors along with different forms of financing. Catalyst is a new model for how companies, governments and private philanthropy can finance, produce and ensure widespread adoption of next-generation clean technologies. Every week, Gos Tsotetsi, an Analyst in our Alternative Solutions Group based in London, has virtual coffee with elderly residents who have been socially isolated throughout the pandemic. . Neither party should be liable to the other for any loss or damage which may be suffered by the other party due to any cause beyond the first party's reasonable control including without limitation any power failure. Im grateful to have been part of bridging the needs of Die Arche with the willingness to help of BlackRock employees.. Clearway Energy Group is headquartered in San Francisco with offices in Carlsbad, Calif.; Scottsdale, Ariz.; Houston; and Princeton, N.J. For more information, visit clearwayenergygroup.com. Being involved in giving back to our community gives interns an opportunity to learn about our culture at BlackRock while meeting employees across the firm, she says. We fund art that is accessible to the public, civic in scope and prompts the viewer to act. Person includes, but is not limited to, any natural person resident in the U.S. and any partnership or corporation organized or incorporated under the laws of the U.S. On this website,financial intermediariesare investors that qualify as institutional investors, qualified investor, or professional investors in their respective jurisdiction of residence (as such term is defined by the applicable regulations in such relevant jurisdiction), acting as agents on behalf of non-U.S. For additional information on BlackRock, please visitwww.blackrock.com/corporate. Our commitment will help develop four clean energy technologies: direct air capture, green hydrogen, sustainable aviation fuel and long-duration energy storage. We prioritize funding art that involves the audience in its conception, creation and presentation. 03/23/2021 Grant Information Last Updated: 08/30/2022. Catalyst will invest in these technologies, which are essential to reaching net-zero, with the goal of reducing their costs to compete with and replace the greenhouse gas emitting counterparts available today, lowering what is referred to as Green Premiums and ultimately accelerating their widespread adoption. The first phase of work has focused on tackling financial insecurity. And when you put people together and have them pool their resources and time, you create massive amounts of action.. 2023 BlackRock, Inc. All rights reserved. We see an emerging role for philanthropic capital to fill important gaps in funding to de-risk and accelerate the availability of clean energy technologies. In the future, Catalyst intends to expand the same framework to other necessary innovations, like low-carbon steel and cement. Making clean technologies viable and affordable for the communities who depend on them is aligned to The BlackRock Foundations mission to help people build financial security and participate in an inclusive transition to a low-carbon future. Alternatively, create your own customized page on your servers to let donors search for their companies. Employees have the opportunity to allocate BlackRock resources at the local level whether it be banding together to channel support to communities during a crisis or directing funding and talent to address a distinct local need. Sample Foundation Grant Application. If you would like us to contact you for follow up, please include your name and e-mail address and we will be in touch. Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals. This program funds highly interactive, community-driven works of art that prioritize community involvement in their development, execution and display. Since then, she has championed Die Arche, which provides social services and educational support to children in need. For additional information on BlackRock, please visitwww.blackrock.com/corporate. Details are contained in the relevant funds offering documents. However, the world cannot reach net zero emissions by 2050 unless clean energy products are more price competitive, helping to phase out traditional technologies that emit greenhouse gases. Year in Review - 2014 Black Rock Arts Foundation - Year in Review Burning Man Arts - To the Future! Thats why she was so drawn to @NewAmericanPathways an organization that helps refugees who arrive to Georgia become self-sufficient through education and empowerment programs. You may leave this website when you access certain links on this website. Support is on national and international basis. The SBM Charitable Foundation accepts online pre-applications for grants. Through the BlackRock Foundation, weve used our investment expertise to accelerate the affordability and availability of clean energy technologies. The BlackRock Foundation will broaden the firm's philanthropic investments in economic mobility, financial resiliency and sustainability Firm's enhanced philanthropic commitment to be funded by contribution of firm's remaining 20% stake in PennyMac Financial Services NEW YORK -(BUSINESS WIRE)- BlackRock, Inc. (NYSE: BLK) has made a charitable contribution of 15.6 million shares of . Copyright 2023 Candid. Below are the questions you will find in BRAFs 2014grant application. It was an experience that made BlackRock feel like a community, Bill says. The application for all cycles (Arts, Human Services, and Environmental) includes the following questions. BlackRock has not examined any of third-party websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites. The transition to a net-zero world and creating a more sustainable future is the shared responsibility of every citizen, corporation and government. Further information is available in the relevant funds offering documents. Elk Garden, W.Va. - Clearway Energy Group ("Clearway") today announced that the Black Rock Community Benefit Fund is now accepting applications from qualified nonprofits for grant funding. 2023 BlackRock, Inc. All rights reserved. Upwardly Global is proud to partner with BlackRock in building a workforce and economy that embraces the contributions of immigrants and refugees. Members of BlackRock's Social Impact team in Belgrade talk about mentoring young people through their partnership with the SOS Children's Villages. By coordinating investments and directing them toward these critical technologies, we can reduce their Green Premiums, help them get to market faster, and have a meaningful positive impact on our planet.. With a focus on health and humanitarian relief, economic empowerment, volunteerism, and planet protection, we're upholding our mission to build safer, more resilient, and inclusive communities around the globe. If you are unsure about the meaning of any information provided, please consult your financial or other professional adviser. Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals. The BlackRock Foundation grants $13 million in COVID-19 relief funds to Generation, a nonprofit tackling global unemployment, with targeted . To apply for funding please fill out our grant proposal coversheet along with your proposal, budget and proof of 501 (c) (3) tax-exempt status (IRS determination letter). Moving the world towards net zero is a historic transition that requires everyone to do their part. Click here to download our budget template (an Excel document. Through the new BlackRock Foundation and the contribution of 15.6 million shares of PennyMac Financial Services with a market value of $589 million, we will broaden our philanthropic investments in economic mobility, financial resiliency and sustainability. Persons, and in compliance with all applicable laws and regulations of the relevant jurisdiction in which such materials will be distributed. 00:00-00:07Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock FoundationIn the wake of research showing how many people in the U.S. and the UK couldnt cover a $400 emergency expense,00:08-00:13Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock Foundationwe launched our philanthropic flagship, Blackrocks Emergency Savings Initiative, back in 2019.00:14-00:19Super: Deborah WinshelGlobal Head of Social Impact & President of the BlackRock FoundationThanks to our nonprofit partners including Common Cents Lab, Commonwealth and the Financial Health Network,00:20-00:27were helping more businesses support their employees and their customers with one critical building block of financial health.00:28-00:30BlackRock//Supporting communities00:31-00:33Picture collage00:34-00:40Without emergency savings, low-to-moderate income plan participants were twice as likely to withdraw from their workplace retirement account..00:41-00:52Super: Tim FlackeCo-founder & Executive Director, CommonwealthTo me that just illustrates what is a fairly easy intuition, which is, theres a link between our short-term financial well-being and our long-term financial savings.00:56-01:03UPS has also joined the Emergency Savings Initiative to offer a way for its 90K non-union employees to save for emergencies within their current retirement plan.01:06-01:12Super: B.J. 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