One local experiment in philanthropy is drawing attention from groups around the country that are curious about the potential upside of spreading money through unusual channels.
Governing the States and Localities featured an article on
People’s Liberty fellowships, through the
Haile U.S. Bank Foundation. The fellowships allow recipients to take a year off to try to make their idea happen. Other grantees receive five-figure sums to carry out local initiatives that are innovative and achievable within a set time frame.
Plenty of people bat around good ideas for revitalizing empty storefronts or overgrown lots, said Jake Hodesh, vice president of People’s Liberty. The foundation not only gives them cash, but also helps them get set up. It’s an experiment in philanthropy that’s drawing attention from groups around the country that are curious about the potential upside of spreading money through unusual channels.
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