The James Irvine Foundation awarded a $500,000 grant to the Kern Community Foundation to increase its philanthropic and leadership capacity. The grant awarded was among the 24 grants given by the foundation totalling $8.8 million.
The grant will support the Kern Community Foundation’s efforts to grow philanthropy in the community and improve the effectiveness of local nonprofits in the area.
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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.