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The Foundation Review

Community foundation

2020

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Regional Inclusive Growth Through Systems Philanthropy In Essex County, Massachusetts, Lisa Payne Simon, Stratton Lloyd, Beth Francis Dec 2020

Regional Inclusive Growth Through Systems Philanthropy In Essex County, Massachusetts, Lisa Payne Simon, Stratton Lloyd, Beth Francis

The Foundation Review

In 2016, the Essex County Community Foundation forged a cross-sector coalition of business, community, and civic leaders to identify the Massachusetts region’s greatest challenges and to develop a strategy for action. Income inequality was identified as the county’s most pressing issue, and the foundation and its partners launched a systems philanthropy strategy to address that issue and stimulate inclusive growth.

The strategy involves a multipronged approach aimed at amplifying the county’s strengths, launching inclusive-growth initiatives, expanding workforce training and skill development to increase a broad target population’s earning potential and net worth, incentivizing and supporting small-business resiliency and growth, and …