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Richard Buery

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  1. Goldman Sachs26 min

    How Robin Hood CEO Rich Buery is addressing NYC’s rising poverty rates

    Rich Buery, Richard Buery, Tony Pasquariello

    The Robin Hood Foundation addresses New York City's rising poverty rate, which has surged to 25% due to expiring pandemic benefits and rising living costs, by deploying a $129 million investment strategy in 2024. This approach combines direct funding for high-impact interventions like the CUNY ASAP program with advocacy for systemic changes and the exploration of AI solutions to expand economic opportunity. Led by CEO Rich Beery, the organization utilizes evidence-based research and public-private partnerships to prioritize early childhood education and policy reforms that yield measurable long-term societal benefits.