Deliver Your News to the World

Mastercard and The Rockefeller Foundation Announce data.org: A Platform for Data Science Partnerships

$10 Million Challenge Launched to Help Crowdsource Solutions to Social Challenges


DAVOS, Switzerland – WEBWIRE

The Mastercard Center for Inclusive Growth and The Rockefeller Foundation today announced data.org as a platform for partnerships that will continue to build the field of data science for social impact. This is the next chapter of a $50 million commitment Mastercard and the Rockefeller Foundation made last year to launch a transformational model for philanthropy.

As part of today’s announcement, data.org launched a new $10 million impact challenge to crowdsource scalable and sustainable data science solutions for non-profit, civic and government organizations.

With the data.org domain name, The Rockefeller Foundation and the Mastercard Center for Inclusive Growth are building on the success of the original DATA.org—launched in 2002 by a group of innovative social entrepreneurs, including rock star and philanthropist Bono, to alleviate debt, AIDS and trade inequalities in Africa. In what ultimately became the ONE Campaign, they focused on driving evidence-based approaches to development.

“Our commitment to building the field of data science is rooted in the belief that data-driven insights can deliver transformational change that improves the lives of vulnerable people and helps solve the world’s most pressing challenges,” said Michael Froman, Vice Chairman of Mastercard. “We must make sure that even as people have unprecedented access to technology, we don’t allow a new digital divide to emerge.”

“While the private sector has been gathering data and using data science analytics, such as artificial intelligence for many years, most non-profit, civic and public sector institutions still lack the resources to do so,” said Dr. Rajiv Shah, President of The Rockefeller Foundation. “Just as these tools have given businesses competitive edges, enabling them to find nuanced ways to improve productivity and market impact, data science can increase the speed, depth, and accuracy of analyzing a social challenge, pointing to solutions, partnerships, and innovative investments that can provide impact.”

The new data.org seeks to build the capacity of non-profit organizations with training resources, access to data sets and open-sourced tools that help these organizations harness the power of data insights and analytics to enhance their efforts. This will be done in a way that brings more people and organizations together to effect positive social change, all while adhering to principles of responsible data use.

Its current partners include DataKind, Benefits Data Trust, Community Solutions and Tableau Foundation. All of these organizations are leveraging data science to help solve complex societal challenges. For example, in partnership with nonprofit organization DataKind, John Jay College of Criminal Justice was able to use predictive analytics to identify students at risk of dropping out and intervene with resources to support them, resulting in a dramatic improvement of their graduation rates. Community Solutions, a nonprofit working in more than 80 cities and counties to measurably end homelessness, partnered with Tableau Foundation, to fuel the initiative’s progress through the use of data analytics. And finally, Benefits Data Trust, a national nonprofit organization based in Philadelphia, is helping millions of low-income American families access the safety net benefits available to help them through the use of artificial intelligence and leveraging the power of data.

For more information about the platform for partnerships and future details about the impact challenge go to data.org.

###

About the Mastercard Center for Inclusive Growth

The Mastercard Center for Inclusive Growth focuses on promoting equitable and sustainable economic growth and financial inclusion around the world. As an independent subsidiary of Mastercard, the Center leverages the company’s data insights, expertise and technology, along with administering Mastercard’s philanthropic investments, to empower a community of thinkers, leaders and innovators on the front lines of inclusive growth.  For more information and to receive its latest insights, follow the Center on Twitter @CNTR4growthsubscribe to its newsletter and visit www.mastercardcenter.org.

About The Rockefeller Foundation
The Rockefeller Foundation advances new frontiers of science, data, policy and innovation to solve global challenges related to health, food, power and economic mobility. As a science-driven philanthropy focused on building collaborative relationships with partners and grantees, the Foundation seeks to inspire and foster large-scale human impact that promotes the well-being of humanity throughout the world by identifying and accelerating breakthrough solutions, ideas and conversations. For more information, visit www.rockefellerfoundation.org.


( Press Release Image: https://photos.webwire.com/prmedia/5/253967/253967-1.png )


WebWireID253967





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.