Foundation Grants
Community Vital Signs
About Us
The Cooperative Assistance Fund is winding down, but that didn't stop its board of directors from accepting a $6.3 million donation that will go directly to the Access to Capital for Entrepreneurs.
The Atlanta-based nonprofit was founded by John G.
Simon, a Yale Law School professor who helped develop the legal framework for impact investing, per a press release.
He died in 2022 at the age of 93, and the fund's assets will be transferred to ACE following his death.
"What sets this donation apart is that as [the Cooperative Assistance Fund] is winding down, they sought an organization to carry forward their mission of supporting small business," says Grace Fricks, the founding president and CEO of ACE.
"And they chose ACE."
The nonprofit, which provides loans to small businesses in rural and low-income areas, will use the funds to expand to 100 counties in South Georgia.
"As a Georgia native myself, I wanted to be able to help where we can," says former CAF board chair Robb Bunnen.
"The fact that we can help ACE expand to tackle persistent poverty in rural areas throughout South Georgia is critical."
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
San Francisco proved to be the perfect location for the American Medical Informatics Association (AMIA) to hold its 2024 Annual Symposium.From technology giants and renowned health institutions to...more
Melius MicroBiomics is a Vancouver-based biotechnology company with a research lab in Kelowna.It is dedicated to discovering and developing innovative microbiome-based therapies.The company is...more
Tampa-based health care payments startup Veuu has partnered with New York blockchain platform Tassat in a groundbreaking pilot initiative.The collaboration aims to merge Veuu's artificial...more
At this year's Impact Investor Conference, leading voices in the sector discussed the challenges and opportunities of investing to boost innovation and expand access to healthcare.This quest for...more
Where to find Nutcrackers, holiday music in Sarasota-Manatee area.Venice Theatre's original version of "A Christmas Carol" returns for its 24th season.The Rosemary Youth Ballet by Onyx Studio 2...more
The Heritage Foundation organized The 2025 Presidential Transition Project, more commonly known as Project 2025.Project 2025 articulated a roadmap of what the Department of Justice should do to...more
Government and philanthropic funding for the nonprofit social sector routinely fail to cover the full cost of providing services.While workers within the sector comprise 9% of the workforce in the...more
Societe Generale is stepping up its efforts to support the transition to a low-carbon economy by setting a new EUR 500 billion sustainable finance target by 2030.The bank aims to align its portfolios...more
Diamond Paints wins two awards at Corporate Philanthropy Awards 2024 - Business & Finance - Business Recorder.Minister of State for Finance, Revenue, and Power, Ali Pervaiz Malik, served as the Chief...more
Primary Japanese Language Teacher Noriko Yamanaka recently attended the National Symposium on Japanese Language Education at UTS.The symposium brought together approximately 200 Japanese educators...more
Social Entrepreneurship
Spotlight
Social Enterprise Piles Textbooks for Change
Textbooks for Change, a London-based social enterprise that has obtained the B Corporation seal for positive social and environmental impact, is seeking investors that would be helping the company expand.