Twelve foundations will be spending $506 million this year on grants designed to bolster a new $650 million federal grant program for the expansion of innovative school improvement projects.
The grantmakers created an online registry to make it easier for the applicants to apply for a grant and share information about the new federal program.
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The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.