Report Documents Half a Billion Dollars Invested in Intergenerational Economic Mobility

Today, Ascend at the Aspen Institute released a report, The 2Gen Investment Case: Making the Most of Capital in All Its Forms, documenting the $500 million public and private sectors have invested in two-generation (2Gen) approaches over the past decade. 

Ascend at the Aspen Institute Releases Learnings for Funding 2Gen Approaches for Family Well-Being

Contact: Kathryn Cyr
Communications Officer, Ascend at the Aspen Institute
[email protected]

Washington, DC, April 3, 2025 – Today, Ascend at the Aspen Institute released a report, The 2Gen Investment Case: Making the Most of Capital in All Its Forms, documenting the $500 million public and private sectors have invested in two-generation (2Gen) approaches over the past decade. 2Gen approaches build family well-being by intentionally and simultaneously supporting children and the adults in their lives together. This approach is popular and provides common ground with three-quarters (73%) of voters supporting it, according to new 2024 polling from Ascend and Lake Research Partners. By learning from the past 12 years of implementation, we can spread, scale, and sustain investments in 2Gen approaches to expand opportunity for all children and families. “Investing in young children and families is paramount to the health and success of our communities and country,” says Anne Mosle, Vice President of the Aspen Institute and Founder and Executive Director of Ascend at the Aspen Institute. “2Gen approaches offer powerful, proven, and nonpartisan investment opportunities to improve the economic well-being of current and future generations. Philanthropy has a responsibility to stand in the gap and support nonprofits’ 2Gen work during this period of uncertainty and anxiety at the federal level, and they can solidify progress with their many forms of capital – whether that’s human, intellectual, social, or financial capital. There is much more to be done, and we hope this report serves as a roadmap for an exponential increase in investments to make children’s and families’ well-being one of our greatest achievements.”This report highlights six federal government pilots and initiatives that invested $114 million, $273 million invested by six states, and nearly $200 million from the philanthropic community.A group of 31 philanthropic advisors formed Ascend’s 2Gen Funders Learning and Action Community, which participated in a yearlong series of convenings to gather insights and advise on opportunities for advancing family economic mobility.“The 2Gen approach enables children and their families to reach their full potential,” says Dan Porterfield, President and CEO of the Aspen Institute. “By investing in families’ success, we are creating conditions for millions of children to thrive and contribute to our society. We are proud of the Ascend program for leading the 2Gen movement and enabling its accomplishments, and we are eager to continue deepening its impacts.” This new report provides a comprehensive view of pilots and initiatives with a 2Gen approach organizing investments by funding sources, and begins with an opening chapter from Anne Mosle. Findings are synthesized in an executive summary, and the report outlines important themes, lessons, and considerations for new and seasoned funders to advance 2Gen approaches. 

###

Ascend at the Aspen Institute is a catalyst and convener for diverse leaders working across systems and sectors to build intergenerational family prosperity and well-being by intentionally focusing on children and the adults in their lives together. We believe in the power of co-creation. We are a community of leaders — well-connected, well-prepared, and well-positioned — building the political will that transforms hearts, minds, policies, and practices. For more information, visit ascend.aspeninstitute.orgThe Aspen Institute is a global nonprofit organization whose purpose is to ignite human potential to build understanding and create new possibilities for a better world. Founded in 1949, the Institute drives change through dialogue, leadership, and action to help solve society’s greatest challenges. It is headquartered in Washington, DC and has a campus in Aspen, Colorado, as well as an international network of partners. For more information, visit aspeninstitute.org.

Maritime Leaders Urge SBTi to Support Indirect Mitigation Strategies in Net-Zero Guidelines

ZEMBA and Katalist urge SBTi on indirect mitigation to unlock emissions abatement and investment in maritime sector’s clean energy transition.

New NeuroArts Blueprint Analysis Finds Strong Return on Investment from Music Engagement

Groundbreaking report quantifies the economic benefit of improved quality of life for Alzheimer’s patients and their caregivers—showing a $2.40 return for every $1 invested annually.

Aspen Ideas: Climate Partners With University of Chicago Institute for Climate and Sustainable Growth as Academic Thought Partner, Announces New Speakers

The collaboration will involve key elements of Aspen Ideas: Climate Chicago’s programming, integrating the University of Chicago’s global expertise and cutting-edge research into the agenda. Together, they will co-curate sessions on critical topics such as climate finance, carbon removal, and carbon markets, among others.

Bipartisan Problem-solving: Former Governors Sununu and Cooper to Talk Health Policy at Aspen Ideas: Health

Aspen Ideas: Health announced its latest set of experts and practitioners who will come to Aspen this June 22-25 to speak on health opportunities.

The Center for Rising Generations at the Aspen Institute to Host Inaugural National Youth Leadership Summit in D.C.

The Center for Rising Generations at the Aspen Institute (CRG) will host the first-ever Rising Generations Summit (RGS), a powerful youth-led gathering bringing together more than 100 youth delegates (ages 14-18) from across the United States to Washington, D.C. on Saturday, June 7.

The Aspen Institute Business & Society Program Announces the 2025 Economic Mobility Fellows

The group of leaders from major corporations including Google, Zillow, and United Airlines will develop projects that drive economic opportunity and mobility in the US.

Announcing Aspen Ideas: Economy – A New Signature Forum from the Aspen Institute

Held during the Aspen Institute’s 75th anniversary year, hundreds of speakers and attendees will converge at the newest iteration of “Aspen Ideas,” the organization’s signature events brand that brings leading voices together to address the most pressing challenges in our society.

NeuroArts Blueprint Initiative Launches First-Ever Global Platform Uniting Arts, Science, and Health to Advance Wellbeing

The Neuroarts Resource Center is designed to unite diverse fields, people, and organizations passionate about the intersection of arts, aesthetics, and their impact on health, well-being, learning, and community development.