Visa Foundation’s approach to financial inclusion

Globally, small and micro-businesses make up over 90% of all enterprises, yet they remain among the most vulnerable segments of the economy — especially those owned by women. Women-owned businesses account for about one-third of all small enterprises, and more than 70% lack adequate access to financial services. This persistent gender gap is compounded by structural inequities in access to capital, networks, and resources, leaving many of these enterprises unable to fully participate in or benefit from the global economy.

These inequities are further magnified by the economic fragility of small and micro-businesses, two-thirds of which face ongoing struggles for survival, with limited financial buffers and restricted opportunities for growth. Together, these conditions form a pressing need for targeted strategies — like Visa Foundation’s financial inclusion efforts — that aim to expand access, build capacity, and foster long-term resilience for the most underserved business owners.

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How PepsiCo’s Food for Good is creating a blueprint for global food security

Food for Good — the PepsiCo Foundation initiative for advancing food security — launched in Dallas, Texas, as an exercise in deep listening. Through sustained conversations with trusted community volunteers and leaders, PepsiCo learned that the 19 million school-aged children in the U.S. who depend on free or reduced-price meals at school were facing critical gaps in access to nutritious food during the summer months, when school was not in session.

Beginning in the summer of 2009, PepsiCo leveraged its food production, logistics, and distribution expertise — as well as a partnership with Frito-Lay, the convenient foods business unit of PepsiCo, that allowed for borrowed access to trucks and warehouse space — to prototype a summer meal delivery model. The privately-funded program quickly expanded into new cities, eventually outgrowing its original facility but maintaining its original commitment to staying rooted in community feedback and mission to fight hunger through access and equity.

Food for Good combines large-scale meal distribution, job creation, targeted child nutrition, disaster relief, and impactful storytelling to distribute nutritious meals and address crisis-driven hunger at scale.

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How New York Life is scaling grief support through its agents and expertise

New York Life Foundation’s impact in the childhood bereavement space began more than a decade ago, sparked by a partnership with Comfort Zone Camp. What began as a pilot grant quickly evolved into a larger commitment, driven by the realization that this was a space where New York Life could lead. With a corporate mission to offer peace of mind and financial support, bereavement support is deeply aligned with New York Life’s purpose.

Motivated by the lack of reliable data and practical support tools, the Foundation launched a research partnership with Judi’s House to create the Children’s Bereavement Estimation Model (CBEM) to understand where childhood grief was most concentrated. The Foundation also conducted surveys with the American Federation of Teachers (AFT) to learn about grief in the classroom. Among its learnings from the initial 2012 survey: over 90% of U.S. educators say childhood grief is a serious problem that deserves more attention from schools, but only 3% had received training on supporting students through their school district. Asked how many students typically need their support due to the loss of a loved one each school year, 87% of educators said at least one, and 25% said six or more.

In 2018, the Foundation launched the Grief-Sensitive Schools Initiative (GSSI), enlisting New York Life’s  national agent network to deliver grief education and resources directly to schools. As momentum grew, agents began asking: Can we take this to nonprofits and other youth-serving organizations in addition to schools? The model was expanded to youth-serving nonprofits through GSSI+. 

In 2024, the Foundation expanded its bereavement support into workplaces. The Grief-Supportive Workplace Initiative was built around New York Life data that revealed a deep unmet need: although up to 20% of a given workforce might be grieving at one time, about 64% of employees report that their workplaces do not offer any bereavement support or training.

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