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MBM adopts co-investment strategy to expand impact

For Movimento Bem Maior

May 2024

In an article published in Folha de São Paulo, our executive director, Carola MB Matarazzo, highlights the importance of co-investment and strategic philanthropy to face social challenges in Brazil. Check out the excerpt:

Brazil faces monumental challenges on the path towards social justice. Forecasts say it will take 116 years to achieve racial equity and 131 for gender equity. The race will be long.

Some go ahead, securing the best position. Obstacles and emergencies arise in the path of others. It's inequality materializing on the track. In response to demands, civil society has acted in a coordinated manner, involving other actors in articulating strategies that ensure fair opportunities for all.

Those who started with an advantage have made a commitment to equip those who follow with support and resources. This is what happens in the Greater Good Movement. We adopt a co-investment strategy with other social investors to expand resources and boost impact.

With donations from 11 philanthropists over five years, we were able to strengthen 194 CSOs (civil society organizations) and collectives in 26 states and the Federal District, with an investment of more than R$100 million. This means leveling the playing field to ensure more people have opportunities to run side by side.

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Access the full article in Folha and learn more about our work.

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