ICONIQ Capital · 2024-02-15 · 840d

ICONIQ Impact Awards $56M in Grants to 16 Organizations Advancing Economic Mobility for Underserved Youth

ICONIQ Impact announced 16 grantees receiving three-year unrestricted grants totaling $56 million through its Education & Economic Mobility Co-Lab to address opportunity gaps in the United States. The initiative focuses on providing equitable career pathways, supporting youth mental health, and equipping underserved families with educational and professional support. ICONIQ is actively seeking additional philanthropists to expand the fund.

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Metrics in this report

Economic Mobility Rate for Black Children Born into Poverty

1 in 40ratio

median

Black demographic

Economic Mobility Rate for Children Born into Poverty

1 in 13ratio

median

United States overall

Grant Duration

3years

standard

Per grantee organization

Number of Grantee Organizations

16organizations

current

Education & Economic Mobility Co-Lab

Total Fund Allocation

56$M

current

Education & Economic Mobility Co-Lab