The Foundation invests in emerging ideas and cutting-edge non-profits that have the most potential to positively transform U.S. education, and that focus on preparedness and long-term relief in the wake of humanitarian disasters. Funded in part by generous donations from the people of PwC, the Foundation is connecting social entrepreneurs who are creating innovative solutions to world problems with PwC mentors through the Points of Light’s Civic Accelerator. Along with the Starbucks Foundation, the PwC Charitable Foundation has invested $1.3 million in the Civic Accelerator – the first such program focused on early stage “civic ventures” or enterprises that inspire and mobilize people to create positive change.
The Foundation is also supporting Venture for America (VFA), a non-profit that recruits top-performing college grads to work for two years (as Fellows) at emerging start-ups and early stage companies in economically challenged cities, with a $500,000 grant payable over 2 years. VFA’s goal is to provide a path toward entrepreneurship and create jobs (100,000 by 2025). Its highly innovative and scalable model gets to the heart of educating young people by creating better access to employment and entrepreneurial experience/training; and preparing this talent pool to help spur job growth in the marketplace.