New $22M Philanthropic Initiative Launches to Propel the Community Ownership ...

credit: Wikimedia Commons

Facebook founder Mark Zuckerberg is putting his money where his mouth is, with a $22 million initiative to support community ownership of real estate.

The Community Ownership for Community Power (COCP) Fund, announced Tuesday, aims to support community land trusts, housing cooperatives, and other models of community ownership in California, "not speculative developers or other public and private institutions who often fail to engage community leadership," per a press release.

"The launch of the COCP Fund is an important step toward building a robust ecosystem of community ownership groups and demonstrating the potential of community ownership to address rampant displacement of historically low-income communities and Black, Indigenous, immigrant, and communities of color and the catalytic role philanthropy can play in this work," says a program strategist at Common Counsel Foundation, which is managing the fund.

The COCP Fund has already received $10 million from a host of foundations, including the California Endowment, Chan Zuckerberg Initiative, James Irvine Foundation, Great Communities Collaborative at the San Francisco Foundation, and the Weingart Foundation, and it plans to raise $12 million more.

"By coming together to provide catalytic funding for organizations across the state, we can help bolster existing efforts and substantial new investment from the public and private sectors," says Rajib Guha, director of program development at

Read the Entire Article

Explore the
Community Vital Signs
for the
San Francisco Foundation

Grants Expand Urban Farm Project's Community Garden
Foundation: Arkansas Community Foundation

The Faulkner County Urban Farm Project (UFP) has been awarded three competitive grants totaling $3,600 so far in 2025.The grants will bolster its efforts to address food insecurity and promote food...more

Jamestown Tarp Skunks Announce 2025 Season Schedule

Jamestown Tarp Skunks Announce 2025 Season Schedule.The Perfect Game Collegiate Baseball League team will begin their season at home against the Batavia Muckdogs at 6:30 p.m., May 29.July 25th's show...more

Community Effort Begins to Create Lincoln Commons on Former School Site

Lincoln Commons will be a community gathering space in central Sioux Falls.The project is the first step in a multipronged partnership to turn a green space into a neighborhood asset.The goal was to...more

Preparations Underway For 13Th Annual Warren Gives Event

Preparations Underway for 13th Annual Warren Gives Event.The annual 16-hour online donation event set for Wednesday, May 14th, starting at 6:00AM.This year's event features 110 participating...more

Community Foundation Announces $85000 in Competitive Grants to Local Non-Profits

The Community Foundation of Teton Valley is thrilled to announce 2025 Competitive Grant Awardees.Awardees gathered at the Teton Geo Center to celebrate the $85,000 granted to support critical...more

Tell Greensboro Leaders How to Improve Downtown
Foundation: Community Foundation of Greater Greensboro, Cemala Foundation

Residents are being invited to provide input regarding the "vision for the Future of Downtown Greensboro" The Thrive35 Vision Plan that's now under discussion will take community suggestions into...more

Coastside Gives Aims to Hit $10 Million and Build Sustainability

Coastside Gives aims to raise $1.6 million and hit the 10-year mark in a big way.Event's strength lies in its collaborative nature, executive director says.Event also raises awareness about the wide...more

Lawton Community Foundation Awarding Scholarships to Comanche County Seniors

The Lawton Community Foundation is awarding $41,750 in scholarships to 19 high school seniors.The students, their parents, community partners and donors will be honored at a breakfast hosted by the...more

Sugar Grove Launches Community Fund

The Sugar Grove Community Fund was created by the Community Foundation of Warren County.Income generated from the fund will be distributed as charitable grants, supporting community projects.The fund...more

Food Desert Leaves Youngstown Hungry For Supermarke

The USDA defines a food desert as, "areas in the United States where people have limited access to a variety of healthy and affordable food" Youngstown is considered a low-income and low-access area,...more