Social Impact

Making prosperity possible for more people and communities

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Transcript
For nearly 40 years, BlackRock has helped Americans save and prepare for their future. As we enter a new era of infrastructure development, there is a powerful opportunity to translate this investment into lasting economic opportunity for people and communities across the country. Becoming a master plumber opens so many doors. It was the best decision I ever made. According to the Bureau of Labour Statistics, hundreds of thousands of net new skilled trade jobs will be needed in the coming years to meet demand. That's why the BlackRock Foundation is launching a national $100 million philanthropic initiative to help close the skilled labour gap, connecting people to skilled trades, training and putting them on the path to become future builders. With commitments like this, we have the opportunity to train young people faster so that we get them on the job sites and help them start their career down a good path of success for them and their families. This generation of workers has an opportunity none of us ever had prior to this moment in history. By investing in training and access today, we're helping ensure more people can participate in and benefit from the infrastructure transformation underway across the country.

BlackRock launches Future Builders, a $100M philanthropic initiative

The BlackRock Foundation is funding a national effort to train and support 50,000 American workers as they pursue careers in skilled trades.

Powering the next generation of American workers

BlackRock is launching a national $100 million philanthropic initiative to train and support workers for careers in skilled trades.
Future builder text and a worker in image
Transcript
Venti shaken espresso made with blonde stretto. No classic four white Mocha for brown sugar, made with sweet cream caramel drizzle and lined the cup with caramel. You need it when you have five boys. I'm Sabrina and I'm a shift supervisor at Starbucks in Texas. Before I worked for Starbucks, we were a paycheck to paycheck family. We were never able to save. It's only when I started at Starbucks that we actually learned how to do that. Starbucks teamed up with Commonwealth and the Blackrock Foundation's Emergency Savings Initiative to look for ways to improve the My Starbucks Savings benefit and help partners like me build stronger financial well-being. There were incentives to start saving, which I think is great. It takes a little from each paycheck and puts it into an emergency savings account. You don't even miss that money because it was never even there. Incentives also inspired me to start with the Starbucks Future Roast 401 K. Thanks to the generous matched with both programs available, I was able to start stashing away money for the first time. We purchased our very first home. It literally was within months of purchasing our house our air conditioner went out. We had thrown everything into buying this house and that my Starbucks savings plan gave us that cushion, and it really saved us from sweating through an East Texas summer with no air conditioning. Now I'm using it to save for a trip to California for the birth of our first grandson. Not having to worry about the unexpected. It's a completely different feeling. You can just enjoy life more. I never thought we would be here. The free coffee is great, but this is the real perk.

Expanding access to short term savings

BlackRock’s Emergency Savings Initiative brings together leading financial health nonprofits and private sector partners to help more people save, manage unexpected financial shocks, and lay the foundation for long‑term financial well‑being.

Support when it matters most

BlackRock is committed to supporting communities impacted by disaster. We partner with nonprofits focused on community resilience, rapid relief and long-term recovery. We act fast to direct support where it’s needed most.

Disaster relief workers

Learn about The BlackRock Foundation

Empowering employees to drive local impact in our communities

  • BlackRock Match

We support causes employees care about, which includes matching up to $10,000 annually for each employee’s donations or volunteer hours.

  • Employee-Driven Grant Program

We give employees the power to develop impactful partnerships with nonprofits driving change in their community and beyond through our Gives Grant program.

  • Global Campaigns

Throughout the year, we run global giving and volunteering campaigns which underscore our culture of giving back and help engage over 50% of employees annually.

  • Nonprofit Board Service

We support employees to be engaged contributors in our communities through programs that train, prepare and match employees for high impact nonprofit board roles.

man paints a mural on wall

Explore more

Building America: investing in infrastructure and the workforce

America needs $10T in infrastructure investment. This paper explores the opportunity to build the labor force needed to deliver it and how apprenticeships and partnerships can expand access to resilient, well-paid careers.
Read the U.S. skilled trades paper

2026 Infrastructure Summit

BlackRock is convening leading voices to answer one fundamental question: How can governments and companies work together to build the infrastructure America needs and support people around the country in taking up the skilled labor jobs?
Learn more about the 2026 Infrastructure Summit

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