LA Rises is a new philanthropic initiative led by prominent Angelenos such as Magic Johnson, Dodgers Chairman Mark Walter, and Casey Wasserman. Launched by California Governor Gavin Newsom, this initiative aims to facilitate collaboration between business leaders and government officials to expedite the rebuilding process following severe wildfires in Los Angeles. With significant funding of up to $100 million from local foundations, the focus is on ensuring equitable recovery efforts across diverse neighborhoods challenged by the fires. The initiative also emphasizes the necessity for swift yet just rebuilding to avoid exacerbating socio-economic disparities.
Gov. Gavin Newsom is tapping Magic Johnson, Dodgers Chairman Mark Walter and 2028 Olympics organizer Casey Wasserman to lead a new private-sector initiative to support wildfire recovery in Los Angeles.
The new philanthropic group, named LA Rises, aims to gather business leaders and government officials to support the rebuilding efforts following devastating fires.
Walter, his foundation and the Los Angeles Dodgers Foundation will provide up to $100 million to jump-start fundraising, helping those impacted by the wildfires.
There will be enormous pressure on leaders to not just rebuild swiftly but also equally, as disparities between affected neighborhoods could create significant social tensions.
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