In 2016, the Edna McConnell Clark Foundation (EMCF) publicly announced Blue Meridian Partners, a new model of philanthropy that challenges a problematic funding paradigm and targets issues facing our key stakeholders: young people and families, social sector leaders, and philanthropists.
In the US, roughly 1 in 5 children live in poverty and upward economic mobility has declined dramatically over the past 50 years. Blue Meridian invests in solutions that combat disparities limiting the economic opportunity of young people and families.
Building off EMCF’s nearly 20 years of philanthropic investing and capital aggregation, Blue Meridian’s innovative approach to funding addresses two key challenges of the current system: The nation’s visionary social sector leaders rarely have access to the capital they need to bring the most promising solutions to scale, while philanthropists who want to amplify their impact lack an efficient way to deploy their resources. Blue Meridian seeks to deliver transformational impact on the lives of young people and families living in poverty by providing social sector leaders with large, unrestricted grants that give them the upfront growth capital required to scale their programs. At the same time, Blue Meridian’s approach to capital aggregation and partnership allows philanthropists to invest more effectively and efficiently.
After an incubation period at EMCF, Blue Meridian Partners is now an independent philanthropic organization.