Marketplace®

Daily business news and economic stories

With federal funding slashed, should humanitarian orgs pivot to private industry tactics?

“In this sector, I found the spirit of collaboration to be unbelievable,” said Janti Soeripto, president and CEO of Save the Children U.S., “But, interestingly, that spirit and that culture hasn't translated into distribution deals or joint ventures.”

Download
The United States Agency for International Development's funding has been drastically reduced, leaving organizations like Save the Children to face new economic realities.
The United States Agency for International Development's funding has been drastically reduced, leaving organizations like Save the Children to face new economic realities.
Kevin Dietsch/Getty Images

Among the many federal departments and projects that had funding slashed in the last few months by the Trump administration, USAID — the United States Agency for International Development — was hit particularly hard. The agency saw upwards of 90% of its contracts terminated.

Among the numerous organizations that depended on this money is Save the Children, a humanitarian organization that works across rural America and internationally to address the challenges of childhood poverty.

Janti Soeripto is president and CEO of Save the Children U.S. She joined “Marketplace” host Kai Ryssdal to discuss how charity organizations think about funding streams and how the industry might take some lessons from the private sector about working together.

Listen to their conversation using the audio player above.


Related Topics

Collections:

Latest Episodes

View All Shows
  • Make Me Smart
    2 days ago
    25:50
  • Marketplace
    2 days ago
    26:21
  • How We Survive
    2 days ago
    25:04
  • This Is Uncomfortable
    2 days ago
    26:12
  • Marketplace Morning Report
    2 days ago
    7:01
  • Marketplace Tech
    2 days ago
    10:55
  • Million Bazillion
    3 days ago
    7:35
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58