Each fund received an allocated annual amount.
The Futuro Latino Fund received $175,000 in 2021, with ten organizations receiving funds.
The foundation's goal is to connect organizations for large-scale collaborations.
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Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.