Feature Story

May 13, 2008

Foundation Support Grows to Build Workforce Skills and Prosperity for Low-Wage Earners

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The Council on Foundations’ 2008 Philanthropy Summit highlighted programs of the National Fund for Workforce Solutions (NFWS) as emblematic of successful approaches to workforce development. The recognition came as new support was announced to broaden the impact of NFWS programs in urban and rural communities nationwide.

At a press conference, Microsoft Corporation and the John S. and James L. Knight Foundation announced support for NFWS, a $50 million 5-year effort to strengthen and expand effective workforce initiatives around the country. Microsoft will donate $2 million and software valued at up to $8 million. Knight Foundation’s contribution totaling $1.35 million will support peer learning meetings and exchanges among local partnerships, e-learning, and grants for special projects.

During a summit session entitled “Pathways to Shared Prosperity – Corporate Needs, Corporate Deeds: Corporate Philanthropy’s Leadership Roles,” growing low-wage earner prosperity was emphasized. NFWS presents public/private collaborations the opportunity to invest in a portfolio of effective, innovative partnerships across many communities.