The John D. and Catherine T. MacArthur Foundation made a second grant of $100 million last week through its 100&Change competition, which funds a single proposal promising measurable progress on a societal problem.
Community Solutions, an effort to end homelessness in the United States, was selected for the big prize, and other finalists also walked away with major commitments from donors.
The MacArthur Foundation has leveraged $559 million in philanthropy over the past three years through two rounds of 100&Change, along with foundation affiliate Lever for Change, which works with philanthropists to design competitions, said Lever for Change CEO Cecilia Conrad on Wednesday at the Skoll World Forum, an annual event hosted by the Skoll Foundation taking place virtually this week.