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Rockefeller Foundation Commits US$100 Million to Serve 100 Million Children Nutritious School Meals

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5-year effort announced at Nutrition for Growth (N4G) Paris summit to expand support to more than a dozen countries worldwide and in the United StatesThe Rockefeller Foundation and partners to strengthen countries’ food systems, while boosting nutrition and investment in locally and regeneratively sourced foods

PARIS, March 27, 2025 /PRNewswire/ — As part of the 2025 Nutrition for Growth Summit (N4G), hosted by the French Ministry for Europe and Foreign Affairs, The Rockefeller Foundation announced a new US$100 million commitment to address rising global nutrition insecurity by supporting more than a dozen countries’ efforts to expand and further develop their school meal programs. This five-year effort, which builds on initial work in Brazil and Kenya, aims to reach 100 million children worldwide and in the United States with more nutritious, locally, and regeneratively grown school meals. A partner of the School Meals Coalition, The Rockefeller Foundation will collaborate with others, including Novo Nordisk Foundation and the UN World Food Programme (WFP), to help strengthen the resilience of countries’ food systems, improve the nutritional quality of school meals, mobilize finance, and help design procurement standards that incentivize investment in locally and regeneratively sourced foods. 

During a special session titled, “Together to Feed the World: Mobilizing the Private Sector and Philanthropists for Global Food,” President of the Republic of France Emmanuel Macron, who announced that France would commit €750 million for projects promoting nutrition, said that, “Our health depends on what we eat and therefore the health of our soil, our plants, and our animals. We see how much this fight for nutrition is twinned with our fight for health, biodiversity, and the environment.” He also thanked The Rockefeller Foundation for its US$100 million commitment, noting it “will allow us greatly to accelerate our work…adding even more strength to it.”

Dr. Rajiv J. Shah, President of The Rockefeller Foundation, said: “The world can’t stand by and let kids go hungry. We need to come together behind bold, innovative solutions like locally grown, sustainable school meals that address today’s urgent needs while safeguarding against tomorrow’s urgent threats. This announcement reflects The Rockefeller Foundation’s commitment to delivering results for people in the United States and around the world by investing in solutions and working with a range of partners that can advance the food security of children, economic opportunities for farmers, businesses, and communities, and the health of our planet.”

Today, over 2.8 billion people cannot afford a healthy diet, and according to the WFP, 153 million children and young people go to bed hungry every night. In addition to the estimated 550,000 people who could die worldwide within a year due to cuts in food aid, per the Center for Global Development, nutrition insecurity leads to a multitude of negative physical and mental outcomes. This includes high rates of anemia, lower academic performance, and increased absenteeism, along with other long-term consequences.

In response, The Rockefeller Foundation, in collaboration with others, plans to advance a range of public, private, and non-profit efforts over the next five years across three core areas:

Supporting countries as they expand their school meal programs and improve the nutritional quality of meals. For example, The Rockefeller Foundation will help improve the nutritional quality of school meals by increasing consumption of micronutrient-rich, locally grown, indigenous, and more resilient crops like millet, teff, and sorghum on school menus. It will also continue to support nutrition research, including on fortified whole grains and adapted crops, to more deeply understand the nutritional, environmental, and economic benefits of incentivizing better sourcing for school meals.

Cultivating local economic development and facilitating a stable market. This includes generating a supply chain for school meals from local farmers and production by working with investors and other philanthropies to provide upfront capital for regenerative agriculture transitions along supply chains connected to school meal programs. The Rockefeller Foundation will start with “proof point” countries that will model the initial investment before scaling the effort with partners to other countries. For example, countries like Brazil have demonstrated the power of effective procurement with 30% of school meals sourced from family farms. With additional incentives to shift to agroecological practices, according to research by IPEA in Brazil, the program led to income gains ranging from 23-106% for farmers.  

Working with partners to mobilize financing and galvanize support for countries’ school meal efforts. The Rockefeller Foundation will also collaborate with cross-sectoral coalitions, including, but not limited to, the Agroecology Coalition, which has 300 public and private sector members across 55 countries committed to agroecological food system transformation; Global Alliance Against Poverty and Hunger, which is part of Brazil’s G20 presidency; World Business Council for Sustainable Development, a CEO-led organization of over 225 international companies; and Regenerative and Agroecological Finance for Transition (RAFT), a collaborative initiative between 32 philanthropic partners aiming to accelerate and scale regenerative and agroecological approaches to transform global food systems.

School meals, which feed an estimated 418 million children worldwide, have consistently been shown to improve nutrition, increase attendance, improve education outcomes (especially for girls), and drive economic growth and development. Providing a significant return on investment, ranging from US$7 to US$35 for every dollar spent, the WFP also calculates that for every 100,000 school meals served, 1,377 jobs are created.

“Today’s announcement brings The Rockefeller Foundation’s total investment in global nutrition to more than $220 million,” said Elizabeth Yee, Executive Vice President of Programs at The Rockefeller Foundation, during the special session at the French Foreign Ministry. “Our $100 million in new funding will reach 100 million children with more nutritious meals, by connecting the demand for school feeding programs, with the supply of locally grown food – creating new opportunities for farmers, children and the planet alike. Bottom line: school meals are more than just food; they’re the fuel for opportunity and a brighter future.”

This new US$100 million commitment to advance universal locally grown and regenerative school meals both in the United States and around the world is part of a more than US$220 million that The Rockefeller Foundation has committed to nutrition initiatives benefiting people, the planet, markets, jobs, and beyond. This includes The Rockefeller Foundation’s ‘Big Bet’ of US$100 million to advance Food is Medicine solutions in the United States and over US$20 million for the Periodic Table of Food Initiative, which is providing standardized tools, data, and training to map food quality of the world’s edible biodiversity.

Statements of Support:

“As the world’s largest humanitarian organization, WFP fights hunger on the ground in 120 countries supporting millions of people every year. We have the global reach, the scale, and the ability to help our partners deliver assistance where it matters most. Our work with governments and partners like The Rockefeller Foundation supports school meals programs that transform the lives of children, boost local economies, and help vulnerable communities tackle the root causes of food insecurity all across the world. Together, we can ensure that no child goes to bed hungry.” ― Cindy McCain, Executive Director of the World Food Programme

“With this substantial investment, The Rockefeller Foundation will be playing a key role in advancing school meals at the global and national levels. We look forward to growing our strong collaboration around the world and in Brazil.” — Daniel Balaban, Director of the WFP’s Centre of Excellence Against Hunger in Brazil

“Good nutrition is the building block for lifelong learning, earning, and good health. In a world of increasing pressure and complexity, it is more important than ever for us to scale solutions that break silos – delivering all the things that future generations need to thrive. Universal school meals are exactly this kind of solution, and we applaud The Rockefeller Foundation for their exciting commitment to this work.” — Matt Freeman, Executive Director of Stronger Foundations for Nutrition

“I am excited about this bold intervention from The Rockefeller Foundation focused on propelling catalytic capital, innovation, locally led solutions, and strategic partnerships to transform and scale school meal programs in more than a dozen countries This visionary program will ensure that 100 million children around the world obtain the nutrition they need to thrive and live full and meaningful lives, empower farmers and communities, and build a more sustainable future.” ― Ndidi Okonkwo Nwuneli, President and CEO of the ONE Campaign and member of The Rockefeller Foundation Board of Trustees

About The Rockefeller Foundation
The Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at www.rockefellerfoundation.org/subscribe and follow us on X @RockefellerFdn and LinkedIn @the-rockefeller-foundation.

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SOURCE The Rockefeller Foundation

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Miami Startup BOB Raises $5.5M To Build An AI-Powered Banking Platform

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The Miami-based company is building the most useful small business finance agent and banking platform in the world, with participation from Codie Sanchez, Mark Pincus,  and others.

MIAMI, Oct. 23, 2026 /PRNewswire/ — BOB AI Holdings Corp. (“BOB”), the AI finance employee for small business, today announced it has raised $5.5 million in seed funding. The round was led by Mischief (founder of Plaid, Zak Perret), with funding from Peter Thiel and participation from Codie Sanchez, Mark Pincus, Karman Ventures, and a group of additional investors and operators. BOB will use the capital to expand its product, grow its team in Miami, and bring a free AI finance agent to more of the small business owners who keep the American economy running.

The seed round brings together investors who share a conviction that small businesses deserve the same caliber finance department g that large companies take for granted. Mischief led the round, and Peter Thiel joined as a backer alongside Codie Sanchez, the investor and operator known for championing Main Street business ownership.

The funding follows BOB’s private beta launch in September 2026 and will support three priorities: deepening the product’s financial capabilities, scaling customer onboarding, and growing BOB’s team in Miami.

BOB is an AI finance employee that works alongside small business owners to handle the annoying but necessary financial work that usually eats their nights and weekends. Owners talk to BOB the way they would talk to a trusted bookkeeper or CFO, over WhatsApp, text message, Slack, Microsoft Teams, email, or the BOB app. BOB keeps the books, sends invoices, accepts payments, holds funds in a deposit account, and helps owners see where their cash is headed so they can make decisions with confidence.

BOB’s long-term goal is to be the most useful banking product in the world, and a banking product specifically built for this new world of AI agents, robots, and drones. But they are getting started by building the most useful and safe financial agent for small business owners. And instead of handing owners another dashboard to learn, BOB just does the work for them and communicates in plain language.

BOB’s wedge has been particularly effective because the company is laser-focused on small business owners who have largely been underserved by the wave of financial technology built over the last five to ten years. Many of those products were designed for the general market or for enterprise finance teams, and they assume the owner has time, training, or staff to run them. BOB starts from the opposite assumption. The owner of a roofing company, a restaurant, or a local services firm should be able to get real financial help without hiring a department to get it.

“Small business owners have been an afterthought for most of the financial technology built over the last decade,” said Adam Wininger, CEO of BOB. “They are running the business, doing the work, and then staying up late trying to make sense of their books. We built BOB to take that work off their plate entirely. Our goal is simple: to be the most useful banking platform in the world, and this funding lets us put our free CFO agent, BOB, in the hands of many more owners.”

“We invest in infrastructure that becomes indispensable, and a financial layer for autonomous agents is one of the clearest examples we’ve seen,” said Dustin Moring, General Partner at Mischief. “BOB is attacking an immense market at the exact moment AI is moving from advising on transactions to executing them. We’re proud to lead this round and back Adam and the team as they build the foundation agent banking will run on.”

About BOB

BOB AI Holdings Corp. is a Miami-based company building BOB, the AI finance employee and banking platform for small business. BOB handles bookkeeping, invoicing, payments, and cash flow for small business owners through the channels they already use, including WhatsApp, text message, Slack, and Microsoft Teams. BOB’s mission is to build the world’s most useful banking product in the world. Learn more at joinbob.ai. Disclaimer: BOB AI Holdings Corp is a financial technology company, not a bank.

Media contact

Joel Strauss – joel@strausscomms.com 

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SOURCE BOB AI Holdings Corp

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Union Home Mortgage unveils AI and automation advancements during 2026 Annual Partner Celebration

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The mortgage lender continues to make major technology investments going into 2027

STRONGSVILLE, Ohio, Oct. 23, 2026 /PRNewswire/ — Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, recently unveiled an array of AI and automation-driven technological achievements during the company’s 2026 Annual Partner Celebration held Oct. 16-17 in Cleveland, Ohio. This world-class event brought over 850 UHM employees, known internally as Partners, together to highlight the lender’s year-to-date business results, set goals to multiply business success, and foster connection between colleagues. Most notably, technology took center stage, highlighting advancements made in 2026 and a sneak peek at what is coming next.

Attendees were given an inside look at the next phase of technology shaping the business, with demonstrations of both newly implemented tools and future-focused prototypes. These innovations, ranging from conversational voice agents for enhanced customer support to the elimination of tedious manual document review, showcased the transformative potential of technology and underscored the lender’s ongoing investment in smarter, more efficient workflows.

“What makes this event so meaningful is the chance to celebrate our Partners and the impact they have on our business and culture,” said Bill Cosgrove, CEO of Union Home Mortgage. “By creating opportunities for open dialogue and idea-sharing, we’re able to strengthen our culture and identify new ways to move our business forward. As we look ahead to 2027, we remain focused on our 3X initiative, empowering our Partners with the resources, technology, and support they need to achieve more while continuing to deliver a world-class experience for our borrowers. Technology will be the key to UHM’s future, and I can’t wait to see what new solutions are developed in time for our next Annual Partner Celebration.”

While this year’s Annual Partner Celebration was heavily focused on technology, the event also featured senior leadership across all departments and business channels taking the stage to share updates on critical areas such as sales performance, servicing, benefits, employee recognition, and more. UHM Partners also took part in a panel discussion and Q&A with CEO Bill Cosgrove and Sr. Vice President of Business Development Al Blank. In addition to those attending in-person, the rest of the mortgage lender’s 2,300 Partners streamed the event virtually across the country. Following the event, attendees were invited to attend a celebratory carnival featuring casino-style games, a golf simulator, Family Feud, a custom t-shirt press, and more – earning raffle tickets to win high-value prizes. The lender also raffled off tickets to the MLB American League Championship Series being played at Progressive Field, as Union Home Mortgage is the Official Mortgage Partner of both teams that played in the series – the Tampa Bay Rays and the Cleveland Guardians.

Throughout the week, Partners also attended individualized leadership summits specific to their department or role within the company, as well as a Hard Stops Summit aimed at examining existing hard stops in the loan process to streamline operational efficiency.

Internal loan officer coaching program Partners Coaching Partners (PCP), which pairs each participating loan officer with a high-performing mentor and an accountability partner at their production level, also held their Fall PCP Impact event on October 14-15. The group aims to equip members with the skills and knowledge to increase productivity, generate leads, finetune the origination process, improve teambuilding, and increase profit margins. Next year, the PCP program will celebrate its twentieth consecutive PCP Impact event, cementing its status as a pillar of Partner development at UHM.

About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with branches across the U.S. in 49 states + D.C. UHM is an in-house loan servicer offering world-class customer service through high touch communication & technology. A privately held family business, with a collaborative culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. All these principles translate to industry-leading customer retention and satisfaction. Some honors include being a Six-Year USA TODAY Top Workplace and a Twelve-Year Northeast Ohio Top Workplace. Learn more at www.uhm.com.

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SOURCE Union Home Mortgage

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Pew Funds 4 Biomedical Research Partnerships in Latin America

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Scientists will team up on interdisciplinary explorations

WASHINGTON, Oct. 23, 2026 /PRNewswire/ — The Pew Charitable Trusts announced today that four pairs of researchers from Latin America will receive funding to pursue collaborative biomedical research projects.

These eight esteemed scientists, all independent investigators in Latin America, will team up on interdisciplinary explorations that span plant biology, genetics, immunology, and more. Recipients will receive a combined $180,000 per pair—$90,000 annually over two years.

The Partnership Award was created to help advance scientific collaboration and networking among the biomedical research community in Latin America. Recipients include four alumni of Pew’s Latin American Fellows Program in the Biomedical Sciences, which has funded nearly 350 scientists from across the region since 1991. The Partnership awards were made possible by a grant from Biohub.

“Pew is proud to support these exceptional scientists from Argentina, Brazil, and Chile,” said Donna Frisby-Greenwood, Pew’s senior vice president for Philadelphia and scientific advancement. “Their creative ideas and pioneering approaches will undoubtedly lead to important discoveries that advance biomedical research across Latin America and the world.”

Recipients of this year’s Partnership Award are:

Luis F. Larrondo, Ph.D., Pontificia Universidad Católica de Chile, 2004 Pew Latin American Fellow

Gerardo Cárcamo-Oyarce, Ph.D., Pontificia Universidad Católica de Chile

Larrondo and Cárcamo-Oyarce will establish a new, light-based platform for studying the formation of biofilms by the bacterium Pseudomonas aeruginosa.

Priscilla Olsen, Ph.D., Universidade Federal do Rio de Janeiro (UFRJ), 2016 Pew Latin American Fellow

Beatriz Patricio, Ph.D., Universidade Federal do Estado do Rio de Janeiro (UNIRIO)

Olsen and Patricio will develop and test a new strategy to overcome antimicrobial drug resistance.

Paulo José P. L. Teixeira, Ph.D., Universidade de São Paulo, Escola Superior de Agricultura Luiz de Queiroz, 2013 Pew Latin American Fellow

Antonio Camargo, Ph.D., Universidade de São Paulo

Teixeira and Camargo will examine plant immune receptor specificity.

Marcelo Yanovsky, Ph.D., Fundación Instituto Leloir – CONICET, 2000 Pew Latin American Fellow

Esteban Beckwith, Ph.D., Instituto de Investigación en Biomedicina de Buenos Aires – CONICET – Partner Institute of the Max Plank Society

Yanovsky and Beckwith will study how organisms regulate gene expression in response to environmental stress.

Founded in 1948, The Pew Charitable Trusts uses data to make a difference. Pew addresses the challenges of a changing world by illuminating issues, creating common ground, and advancing ambitious projects that lead to tangible progress. Learn more at pew.org.

Press contact: Liz Lowe, 215-575-4812, elowe@pewtrusts.org

https://www.pew.org/en/about/news-room/press-releases-and-statements/2026/10/22/pew-funds-4-biomedical-research-partnerships-in-latin-america

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SOURCE The Pew Charitable Trusts

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