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The Local Initiatives Support Corporation (LISC) has committed to invest $1 million in SustainVC Impact Fund II, a $25 million fund supporting early-stage companies focused on social and environmental impact.
The commitment is part of LISC's capital management strategy to align a portion of its investable assets with its mission to build a broadly shared prosperity throughout the country.
The strategy includes a new impact investment in SustainVC Impact Fund II, which finances enterprises that advance climate solutions, economic equality, health and education.
SustainVC supports entrepreneurs in three impact categories: climate and sustainability, equality and empowerment, and health and education. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"It's more than just food and water and shelter, we now know that as a society, we now know that as a society." That's what an Alaska school board member has to say about a bill that would...more
If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more
When Gladys Markus graduated from her accounting course at Nigeria's Plateau State University last year, she had one thing on her mind: Starting a food business. The then-22-year-old had been...more
"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more
"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more
Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more
"Don't be afraid to be magnificent." That's the advice of the late Bruce Montgomery, who founded the Bruce Montgomery Foundation for the Arts in Philadelphia more than 50 years ago. Now, an...more
Foundation: Bloomberg Philanthropies
A small Canadian town is getting $50,000 to help its youth fight climate change, the CBC reports. "We are super excited about this, because we are one out of 100 municipalities in the world that...more
The Starved Rock Country Community Foundation is asking for donations for its 2024 Spring Appeal, which will fund education, mental health, local history, fine arts, entrepreneurship revitalization,...more
"We've used a translational approach in the past to have a global impact on emerging technologies, from our role in the creation of the internet to the computer graphics and visualization...more
Philanthropy News from...
El Paso Community Foundation
Community Foundation of Southern Indiana
Gates Foundation
California Community Foundation
San Diego Foundation
Hewlett Foundation
United Nations Foundation
Community Foundation of Sarasota County
Quad Cities Community Foundation
Rockefeller Foundation
Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
