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$100 million for equity: MacArthur Foundation's new big bet and mandate
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FILE - Characters from Sesame Street Live appear on the street by Madison Square Garden in New York, Feb. 10, 2010. MacArthur Foundation will donate $100 million to the winner of its 100&Change competition. The first 100&Change challenge was awarded in 2017 to a collaboration between Sesame Workshop and the International Rescue Committee to provide educational programming to refugee children in the Middle East. - photo by AP Photo/Kathy Willens, File
The MacArthur Foundation will let loose another $100 million to a single project in the third installation of its global 100&Change competition, which for the first time requires applicants to address diversity, equity, and inclusion issues, the foundation announced Wednesday. The first 100&Change challenge was awarded in 2017 to a collaboration between Sesame Workshop and the International Rescue Committee to provide educational programming to refugee children in the Middle East. Four years later, Community Solutions, a U.S.-based nonprofit that works to reduce homelessness, was awarded the nine-figure grant.