Major Initiatives
In addition to traditional grantmaking, Eos is committed to driving awareness and building partnerships to expand the number of philanthropic dollars invested in alleviating poverty.
Boston Rising is a major initiative that aims to partner with area donors to create and fund a new, freestanding Boston-area charity that is focused on fighting poverty, investing in effective nonprofits, and is metrics-driven.
Boston Rising Pledges $10 Million for Impact Zone Program
Feb. 1, 2009. Boston Rising, a new start-up fund working to fight poverty, has announced a five-year, $10 million Impact Zone program designed to measurably improve the economic and community well-being of a targeted neighborhood in Boston.
With lead funding from the Eos Foundation, Boston Rising is partnering with the city and community organizations to fund a comprehensive and integrated set of programs and services. Taking a "two-generation" approach, the organization will work to alleviate both short-term and long-term poverty by involving community members in project design, goal-setting, accountability, and outcomes, while working with the city and private agencies to measure its success and uncover the need for new policies and programs.
The Impact Zone grant program is being rolled out in three phases, with the first - national research and assessment - nearly complete. During phase two, Boston Rising will work with the city and area nonprofits to study local models. The final phase, slated to begin during the third quarter of 2009, will include the launch of a pilot program designed to create a sustainable, replicable model that will achieve specific, measurable goals.
"To prevent poverty and to make sure all families reach their fullest potential, we must bring together all our resources - people, ideas, and funding," said Boston Mayor Thomas M. Menino. "Boston Rising is one of those rare organizations that will bring all three to this effort in our city."

