Combat veteran, bestselling author, and social entrepreneur will depart in May 2021, Moore led the Robin Hood foundation to one of its strongest years in the anti-poverty group’s 33-year history in 2020 – raising over $230 million as the organization filled a critical role in response to the pandemic, Robin Hood is a 501(c)3 organization and not affiliated with any for-profit businesses that use a similar name. Terms of Service apply. This site is protected by reCAPTCHA and the Google Last year, Moore announced the creation of Robin Hood’s Power Fund, an initiative to fund and elevate nonprofit leaders of color who share Robin Hood’s mission of … Wes’ first book, “The Other Wes Moore,” a perennial New York Times bestseller, captured the nation’s attention on the fine … The Power Fund is fueling leaders of color who are putting New Yorkers on pathways to economic mobility, Robin Hood CEO Wes Moore said. I greatly appreciate his data-driven but community-centric approach to grantmaking as well as his advocacy efforts to hold the city and state accountable. Chicago Tribune: Your source for Chicago breaking news, sports, business, entertainment, weather and traffic Robin Hood filled a critical need during the COVID-19 pandemic under Moore’s leadership, distributing more than $65 million to provide cash assistance, meals, housing, healthcare, and other urgent needs to those impacted by COVID, as well as granting another $140 million for an array of programs and initiatives developed to directly address the systemic underpinnings of poverty in New York City. Wes is a Rhodes Scholar, Army veteran, New York Times best-selling author, and a friend of ours. And we have brought together this remarkable team, frontline nonprofits, impactful research, an expanding and committed donor base, policymakers, other funders, community leaders, and more to create lifelines and opportunities for families living in poverty in this critical time. “But thanks in large part to his innovative leadership, we are in a position of strength as we focus on ensuring our work continues with the same pace and commitment that Wes set these past four years.”. Robin Hood Foundation CEO Wes Moore is stepping down from the organization in May. That work continues with speed and urgency.”. His rare combination of compassion and expertise have helped Robin Hood strengthen its bond with communities and with the nonprofits that serve them,” said Phoebe Boyer, President and Chief Executive Officer of Children’s Aid. “When countless New Yorkers were devastated by the COVID-19 pandemic, Wes stepped up the plate, playing a critical role in providing much-needed relief to families across the state and volunteering his time as a member of the state’s advisory council to reopen New York. Moore, a combat veteran and author, led Robin Hood as it raised more than $230 million last year, according to a statement Monday from the New York-based nonprofit. Moore was tapped to lead the organization in 2017, and under his leadership it raised more than $650 million, restructured and refocused its grantmaking portfolio, expanded into the policy arena for the first time, and launched several initiatives, including Mobility LABs, a national partnership aimed at spurring the development of new solutions to generational poverty, and the Power Fund, an initiative focused … Robin Hood tracks every program with rigorous metrics, and since Robin Hood’s Board of Directors covers all overhead, 100 percent of every donation goes directly to the poverty fight. Adelphi University's college events gives you the latest on what's going on around campus. Unable to update subscription. This $25 million, four-year initiative spurs the development of new solutions to sustainably lift families out of poverty in Baltimore, northeast Pennsylvania, New York, suburban Chicago, and the California Bay Area. WES MOORE. Last year, Moore announced the creation of Robin Hood’s Power Fund, an initiative to fund and elevate nonprofit leaders of color who share Robin Hood’s mission of increasing economic mobility while addressing racial and economic injustice through their work. A bestselling author, Army combat veteran, social entrepreneur, and Robin Hood’s Chief Executive Officer. Last year, Moore announced the creation of Robin Hood's Power Fund , an initiative to fund and elevate nonprofit leaders of color who share Robin Hood's mission of … “Wes Moore displayed true leadership throughout his four-year tenure as CEO of the Robin Hood foundation,” New York Governor Andrew Cuomo said. I know that he will continue to fight to create opportunities for all in his next chapter.”Â. Privacy Policy and NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Today, Wes Moore announced he will step down as CEO of the Robin Hood foundation in May of this year after a four-year tenure where under Moore’s leadership, the organization raised over $650 million, restructured and refocused the grantmaking portfolio, executed critical relief efforts in response to COVID-19, expanded the role of the organization through policymaking, and launched several initiatives — including a national partnership and the Power Fund to increase supports for nonprofits led by people of color. Under Moore’s leadership, Robin Hood launched Mobility LABs, the first national partnership in the organization’s history. During his four years at Robin Hood, Wes transformed the organization to an intellectual, political and advocacy juggernaut for racial justice and equal opportunity. After Moore became CEO in 2017, Robin Hood underwent a year-long strategic planning process designed to restructure the organization and refocus its grantmaking on lifting families from poverty measurably and sustainably. ', 'The chilling truth is that his story could have been mine. “From his progression into policy and advocacy to his laser focus on economic mobility and opportunity, Wes showed himself to be a remarkable consensus builder whose leadership and voice are indispensable.”. © Copyright 2021 Morningstar, Inc. All rights reserved. This is the right time to step down for me and my family, but it's also the right time for change for this organization," said Moore. It was one of the first organizations to fund needle exchanges at the height of the HIV/ AIDS epidemic during the 1980s. In 2020, amid a global pandemic, Robin Hood raised over $230 million — the second-highest fundraising total in the history of the organization — from roughly 100,000 donors, a 10 to 20 fold increase from what the foundation would see in a typical year. “The two newest Power Fund leaders bring two critical ingredients to our grant making success: lived experience and offering deeply impactful solutions for our communities.” "At its core, Robin Hood is a community of caring and impact. This is the right time to step down for me and my family, but it’s also the right time for change for this organization,” Moore said. “We are bigger and stronger than we’ve ever been, but families are facing unprecedented challenges. “The $25 million Mobility LABs partnership, including Robin Hood, Tipping Point, the Gates Foundation, the Weinberg Foundation, and others, is intended to help end the cycle of poverty by increasing economic mobility for families in Baltimore, New York City, Northeastern Pennsylvania, Chicago, and the San Francisco Bay Area. Learn more at robinhood.org.Â. (New York, NY) February 8, 2021 – Today, Wes Moore announced he will step down as CEO of the Robin Hood foundation in May of this year after a four-year tenure where under Moore’s leadership, the organization raised over $650 million, restructured and refocused the grantmaking portfolio, executed critical relief efforts in response to COVID-19, expanded the role of the organization through … Robin Hood, the New York City-based anti-poverty organization, has announced that CEO Wes Moore will be stepping down in May. ... real estate, money and power, culture, lifestyle, and community. “At its core, Robin Hood is a community of caring and impact. He is a bestselling author, a combat veteran, and a social entrepreneur. Author and Activist Wes Moore Weighs Bid for Md. 109 quotes from Wes Moore: 'When it is time for you to leave this school, leave your job, or even leave this earth, you make sure you have worked hard to make sure it mattered you were even here. Terms and Conditions Privacy Center Disclosures Member User Agreement Corrections Cookies Accessibility. The Black Lives Matter Global Network Foundation has set up a survival fund to give small grants to people hit hardest by the pandemic. Since October, the fund has awarded grants to seven organizations. ... and boldly and humbly confront those in power, should they stand in our way. He led by example and his commitment leaves a great legacy of four years of impact on many organizations and many lives,” said Powell-McCormick. Robin Hood CEO Wes Moore told the business news channel that the Power Fund will work to catalyze a shift among business and philanthropic leaders, encouraging them to support smaller nonprofits working to address poverty and racial injustice and not just the mainstream organizations already in their portfolios. Kerry Washington and Wes Moore join combine their star power to create a $10 racial justice fund! Wes Moore speaks at the Philanthropy NY Annual Meeting on the crisis of economic mobility, May 16, 2019. That work continues with speed and urgency. please try again later. “Wes Moore’s leadership will leave an indelible mark on Robin Hood and on the lives of countless children and families,” said Marian Wright Edelman, founder and president emerita of the Children’s Defense Fund and a Robin Hood board member. “I know I speak for all on the Board of Directors when I say we wish we could have served side-by-side with Wes Moore for many more years at Robin Hood,” said board chair John Griffin. FOLLOW US The Power Fund was seeded with an initial investment of $10 million by Robin Hood, with additional investments from partners, including Salesforce, the … Read the latest politics and government updates on local officials, elected politicians, city council members and more. Listen to a special conversation the Chronicle is holding on November 16 at 1 p.m. Eastern. The Power Fund was seeded with an initial investment of $10 million by Robin Hood, with additional investments from partners, including Salesforce, the Stavros Niarchos Foundation (SNF), Charles and Lynn Schusterman Family Philanthropies, BlackRock, Capital One, Macquarie Group, NBCUniversal, and Warburg Pincus, in addition to employee match program support from … “We’ve worked together on innovative workforce development programs, COVID relief efforts, and strategic initiatives like Mobility LABs. The “Power Fund” already has seed capital of $10 million from the likes of Goldman Sachs and J.P. Morgan. Over the past year, the organization helped advance critical COVID-19 relief efforts in New York City, providing a total of $65 million in direct cash assistance and for food and housing assistance, health care, and other urgently needed services, and granted a total of $140 million in support of efforts to address the systemic underpinnings of poverty in New York City. This initiative is designed to help address the disparities in funding seen in the philanthropic sector among nonprofits led by people of color. Wes Moore, who rose to fame as an author and media personality before he became CEO of the Robin Hood Foundation in 2017, will depart the organization this May. Moore was tapped to lead the organization in 2017, and under his leadership it raised more than $650 million, restructured and refocused its grantmaking portfolio, expanded into the policy arena for the first time, and launched several initiatives, including Mobility LABs, a national partnership aimed at spurring the development of new solutions to generational poverty, and the Power Fund, an initiative focused on increasing supports for nonprofits led by people of color. One of Baltimore’s highest-profile leaders in the nonprofit world is stepping down from his post. Robin Hood has convened a search committee chaired by board vice chair Dina Powell McCormick, comprising Jones, Griffin, and board members Geoffrey Canada and Mary Erdoes. His impact at Robin Hood changed the life trajectories of millions of individuals living in poverty,” said Anthony Romero, Executive Director of the American Civil Liberties Union. “Wes is one of the next generation’s most charismatic, visionary and capable of leaders. Whatever Wes’ next chapter will be, I’m sure he will scale social justice at an even faster pace and larger scale. He is a once-in-a-generation leader.”, “I’ve seen Wes Moore in action fighting for children and families. Over the past three years, Robin Hood’s advocacy included fighting for the financial sustainability of New York’s human services nonprofit sector and recently a longer-term campaign to cut child poverty in half through expansion of the federal Child Tax Credit. And we have brought together this remarkable team, frontline nonprofits, impactful research, an expanding and committed donor base, policy makers, other funders, community leaders, and more to create lifelines and opportunities for families living in poverty in this critical time. Wes is a champion for racial and economic equity who uses every tool at his disposal to create progress for marginalized communities.”, “In just four years, Wes Moore developed dynamic and lasting partnerships while stewarding Robin Hood’s role in social justice and philanthropy,” said Cheryl L. Dorsey, President of Echoing Green. ', and 'I sat back, allowing Wes's words to sink in. “After the murders of George Floyd, Breonna Taylor, and Ahmaud Arbery, we felt like we had to do something and something big,” Robin Hood CEO and fund co-chair Wes Moore… In a wide-ranging interview, Wes tells John: On the new Power Fund: “About 80% of the two million people living in poverty are people of color,” but only … This initiative is designed to help address the disparities in funding seen in the philanthropic sector among nonprofits led by people … Robin Hood President and CEO Wes Moore told CNBC that only 10 percent of philanthropic contributions go to groups led by people of color, leading the foundation to establish the new fund. The tragedy is that my story could have been his. This initiative aims to demonstrate what can be achieved when we work together, with shared goals and a commitment to investing in community driven implementation and local leadership. 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"We are bigger and stronger than we've ever been, but families are facing unprecedented challenges. “Thanks in large part to Wes’ leadership, Children’s Aid’s 30-year-long partnership with Robin Hood has never been stronger.”, “I’m grateful to Wes Moore for putting in the time and the work to learn about poverty and other issues facing the Asian American community and take meaningful steps to address them,” said Wayne Ho, President and CEO of the Chinese-American Planning Council. Wes Moore, who rose to fame as an author and media personality before he … Last year, Robin Hood invested nearly $200 million to provide COVID relief, legal services, housing, meals, workforce development training, education programs, and more to families in poverty in New York City. Wes is a champion for racial and economic equity who uses every tool at his disposal to create progress for marginalized communities.” “In just four years, Wes Moore developed dynamic and lasting partnerships while stewarding Robin Hood’s role in social justice and philanthropy,” said Cheryl L. Dorsey, President of Echoing Green. (Bloomberg) -- Wes Moore is stepping down as chief executive officer of the Robin Hood Foundation, the anti-poverty group that’s heavily supported by hedge fund managers. Kerry Washington and Wes Moore help launch The Black Voices for Black Justice Fund, with the goal of raising over $10 million ... and political power for their communities in … ", "Thanks to Wes Moore's transformational leadership, Robin Hood is at the strongest point in our thirty-three-year history," said Robin Hood co-founder and board member Paul Tudor Jones. https://bit.ly/3iPjqUG Actress Kerry Washington and author Wes Moore have joined forces to help support Black leaders in their fight to build an equitable, anti-racist, fair America. Private Company Wes Moore is stepping down as chief executive officer of the Robin Hood Foundation, the anti-poverty group that’s heavily supported by hedge fund managers. “In Wes Moore, we have had a leader who deeply believes in the mission of Robin Hood and the fight for poverty alleviation. In 2010, a key supporter gave every family with children on welfare in New York State $200 to buy school supplies. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. “Thanks to Wes Moore’s transformational leadership, Robin Hood is at the strongest point in our 33-year history,” said Robin Hood’s co-founder and board member Paul Tudor Jones. We are grateful for Wes's leadership, and we must use the momentum he has created in this work to find the right leader to take us forward.". We are grateful for Wes’ leadership, and we must use the momentum he has created in this work to find the right leader to take us forward.”. Wes Moore Actively Exploring 2022 Bid for Governor — Maryland Matters. Find daily posts Monday through Friday, longer original weekly stories, assorted columns and curated news from around the region, all accompanied by photos and video. Moore advanced the organization into the policy arena for the first time in its history. “I’m so proud to have been CEO of this Robin Hood over the past four years. I join everyone in thanking Wes for his leadership and wishing him success in whatever he does next!”, About Robin Hood:Founded in 1988, Robin Hood finds, fuels, and creates the most impactful and scalable solutions lifting families out of poverty in New York City, with models that can work across the country. “Wes is leaving very big shoes to fill, and we will conduct a thorough national search to find the right successor.”. Find headlines about Kansas and Missouri state lawmakers and the governor. The Robin Hood Foundation is a charitable organization which attempts to alleviate problems caused by poverty in New York City.The organization also administers a relief fund for disasters in the New York City area. “As an innovator and advocate, Wes brought his entrepreneurial leadership to help Robin Hood progress to meet the current demands of the poverty fight, and nimbly react to the crisis of COVID-19 and a reckoning with racial injustice.”, “When Wes Moore became CEO of Robin Hood four years ago, he pledged to forge national partnerships in order to ensure that Robin Hood’s anti-poverty agenda extends beyond New York City, to also focus on diverse communities across the United States. Like every promise Wes has kept in the more than 20 years I have known him, Wes honored this commitment through action. Under Moore, the organization raised more than $650 million and launched several initiatives, including the Power Fund to increase support for nonprofits led by people of … Last year, Moore announced the creation of Robin Hood’s Power Fund, an initiative to fund and elevate nonprofit leaders of color who share Robin Hood’s mission of increasing economic mobility while addressing racial and economic injustice through their work. Reactions from the Robin Hood and social-impact community: “Wes Moore was the right leader, at the right institution, at the right time. "I'm so proud to have been CEO of Robin Hood over the past four years. He transformed Robin Hood into a force for national collaboration, and in doing so also remembered Baltimore, our shared home,” said Rachel Garbow Monroe, President and CEO of The Harry and Jeanette Weinberg Foundation. Data show that only 10 percent of philanthropic dollars currently go to … Mobility LABs is a strong example of the effective way Wes exercised leadership on behalf of Robin Hood to have an even greater impact on the work of this important Foundation in the United States. Wes Moore is the CEO of Robin Hood, one of the largest anti-poverty forces in the nation.
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