The Kern Community Foundation received a $500,000 grant from the James Irvine Foundation.
The grant will be used to increase the foundations philanthropc and leadership capcaity. The grant awarded was among the 24 new grants given totaling $8.8 million as approved by the Board of Directors of the James Irvine FOundation.
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According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.