Rachel Korberg, Families and Workers Fund:  A Once In A Generation Chance To Advance Economic Mobility

According to recent reports from the University of Massachusetts and the US Department of Energy, the Biden administration’s historic investments in infrastructure and combatting climate change are already having an impact on the job market and will continue to do so with some economists forecasting the creation of millions of jobs over the next decade in those sectors. Harnessing these investments to boost economic mobility is a key focus of our WorkforceRx guest, Rachel Korberg, executive director and co-founder of the Families and Workers Fund, a coalition of philanthropies led by the Ford Foundation and Schmidt Futures. “We’re all working together with the idea that this is a really once in a generation opening to advance economic mobility for all,” she tells Futuro Health CEO Van Ton-Quinlivan. The goal is ambitious: to create upwardly mobile careers for one million people who are typically locked out of such opportunities by investing in models for training and retention, creating strategic partnerships and helping employers and government with the resources needed for “high road” training. The Fund has also created a formal role for frontline workers to make sure their perspective is on an equal footing with the Funder Advisory Board. “They've shaped millions of dollars in our grant making. For me, it really represents how I think philanthropy should be done.” Join us for a fascinating look at an innovative collective impact model and be sure to stay tuned to learn about three things the Fund looks for when reviewing grant proposals.