The Black Equity Initiative of the Inland Empire has launched the Black Equity Fund (BEF) A regional, pooled fund with a preliminary goal of raising five million dollars over two years.
The fund is taking an innovative approach to its initiative in alignment with the guiding principles of the Trust-Based Philanthropy Project.
The IECF Board of Directors voted Monday night to make a $150,000 commitment to the Fund.
Read the Entire Article
A customized collection of news from foundations from around the Web.
Mozambikes, a for-profit social venture, was formed during a road trip across Mozambique. The founders of Mozambikes aim to improve the quality of life among rural Mozambicans by providing low-cost, efficient personal transportation.