Home
About Us
Greater Milwaukee Foundation Has Deployed $780,000 in Small Business Loans Since May
Foundation: Greater Milwaukee Foundation
The Greater Milwaukee Foundation has provided small business loans to 17 Milwaukee-based businesses, primarily located in three neighborhoods on the north side.
The foundation's ThriveOn program for small businesses, which was launched in May, aims at distributing $1 million. Priority will go to Milwaukee's Harambee, Halyard Park, and Brewers Hill communities, as well as Black- and Brown-owned ventures.
Kenneth Robertson is the executive vice president and chief operating officer of GMF related that the foundation knows that Black- and Brown-owned companies face systemic barriers in accessing funding. So when the foundation saw the impact the pandemic was having upon small businesses in Milwaukee neighborhoods we knew we had no choice but to change our thinking and move quickly.
GMF's $30m commitment to small businesses over five years is part of its impact investing program. The foundation has made $12 million in the program to date. This includes $10 million for the ThriveOn Kings restoration and renovation project, and a $1million investment in Gateway Capital to support prerevenue startups in Milwaukee.
According to Ellen Gilligan, president and CEO of the foundation, that ThriveOn Small Business Loans were possible because of our generous donors who contributed over $500,000. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"Every moment spent in the lab brings PCRF's doctors and researchers closer to finding cures, underscoring the importance of every contribution, big and small." That's the message from the...more
"Thanks to donors like you, ECU is an engine of opportunity for our students, a hub for economic development and industry, and a provider of first-class health care to the people of eastern North...more
Every year, the world's richest people gather in Sydney to raise money for children's hospitals, and this year's event is no exception. The Sydney Morning Herald reports Australia's richest...more
"We are committed to being an industry leader in creating a culture where every individual is valued, respected, and can fully contribute their best selves." So says Hillary Wirtz, the senior...more
Foundation: National Philanthropic Trust
Donor-advised funds, which allow donors to store money in a private account and have it directed to charities without having to set up a private foundation, are a popular way to donate in the...more
When Michael Crow heard about New York's New York Presbyterian Hospital's Lang Youth Medical Program, his first thought was, "What can I do to support this amazing program?" Crow is a member of the...more
Bo and Donna Gossett have pledged $2.5 million to help create the "No. 1 student experience in the country," according to a press release from Clemson University. The couple's gift will go to...more
For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more
The University of Kentucky is looking for a director of philanthropy to lead its major gift fundraising efforts, the Lexington Herald-Leader reports. The ideal candidate has a bachelor's degree...more
Foundation: Rockefeller Foundation, Winthrop Rockefeller Foundation
The University of Arkansas at Pine Bluff is honoring five people for their "extensive community involvement, philanthropic endeavors, and exemplary service to the community," per a release. The...more
Philanthropy News from...
San Francisco Foundation
United Nations Foundation
Carnegie Corporation of New York
MacArthur Foundation
Community Giving Foundation
National Philanthropic Trust
Rockefeller Foundation
Winthrop Rockefeller Foundation
Chester County Community Foundation
Community Foundation of the Central Blue Ridge
Social Entrepreneurship
Spotlight
Calgary Social Enterprise Offers High-Tech Services by People with Autism
Meticulon, a project of Autism Calgary Association in partnership with the federal government and the Sinneave Family Foundation, operates as a social enterprise that renders high-tech services provided by people with autism, leveraging their natural abilities at requiring attention to detail, repetition, and sequencing.
