Published in The Chronicle of Philanthropy | JUNE 29, 2020
Foundations Establish $5 Million Covid-19 Response Fund to Focus on the Global Economy
By Alex Daniels
A group of grant makers including the Ford and Open Society foundations has pooled $5 million in a fund that seeks to quickly help people harmed by the coronavirus pandemic and offer long-term changes to a global economic system they view as broken.
The Response and Vision Fund was created by a group of foundation leaders called Funders Organized for Rights in the Global Economy, or Forge. The group has been meeting for more than a year to share views on how to help protect vulnerable populations, including women, workers, migrants, and members of racial and ethnic minorities, from the harm caused by poverty, human-rights violations, and the effects of climate change.
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