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"California has a unique opportunity to further its efforts to build a'regions' approach to development that brings together goals surrounding economy, equity, and environment," says Ashley Swearengin, former mayor of Fresno and current president and CEO of the Central Valley Community Foundation, per the Public Policy Initiative of California.
That means investing in rural parts of the state, she says, "actually means a brighter future for other parts of the state."
That's why the Little Hoover Commission is applauding Gov.
Gavin Newsom's $600 million Regional Investment Initiative, launched in 2021 to support regional economic development efforts.
The initiative "offered a tremendous opportunity for the state to strengthen and expand existing grassroots coalitions and accelerate more inclusive and sustainable regional economic growth," the commission found in a November 2022 report, per the Fresno Bee.
But the commission also found that the initiative suffered from challenges, including balancing among different outcome goals, ensuring that regions receive the scale of investment necessary to change their economic trajectories, and coordinating the range of state programs that can support inclusive regional economic development.
In its report, the commission also recommended that the state better support regions as they seek to execute economic development strategies, such as focusing on industries with high growth potential and connecting members of disadvantaged communities with the quality
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Selected Foundation News
A customized collection of news from foundations from around the Web.
Foundation: Oshkosh Area Community Foundation
A nurse in Fond du Lac, Wis., is this year's recipient of the DAISY Award, given to those who go "above and beyond" to provide excellent patient care. Haley Birschbach, a nurse in medical...more
It's time for the US to get serious about regulating artificial intelligence, according to a new report from a bipartisan group of senators. The report from the Bipartisan Senate AI Working...more
Rayees Rahman may not be a household name, but he's the winner of a prestigious life-sciences investment competition in the United Arab Emirates. The 21-year-old won the JP Morgan Asset...more
Foundation: GE Foundation
"You showed up in the classroom. You showed up in the laboratory. You showed up on Zoom. And you showed up here today," University of Massachusetts Amherst Chancellor Javier Reyes told...more
The 14th annual Hawai'i Food & Wine Festival is scheduled to take place in October, and in addition to food and wine, festival-goers will get a chance to support local farmers, fishermen, and...more
Foundation: Highmark Foundation
The American Heart Association will be getting a CPR kit in West Virginia schools thanks to a hefty grant from the Highmark Foundation, the Charleston Gazette-Mail reports. The foundation's West...more
Foundation: Oregon Community Foundation
An Oregon museum that tells the story of the Confederated Tribes of Warm Springs is getting a major upgrade after a $20,000 grant from the Oregon Community Foundation, KTVZ reports. "On behalf of...more
How much does it take for a family of four to make ends meet in Wyoming? That's the question posed by the Wyoming Self-Sufficiency Standard, an annual report from the Center for Women's Welfare at...more
"If you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a...more
Foundation: Community Foundation of Herkimer and Oneida Counties
The Community Foundation of Herkimer and Oneida Counties has announced it has awarded more than $2 million in grants to organizations and initiatives primarily in the areas of human services,...more
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Highmark Foundation
Greater Manhattan Community Foundation
Topeka Community Foundation
Community Foundation of Northern Illinois
Community Foundation of Herkimer and Oneida Counties
Knox County Community Foundation
Black Hills Area Community Foundation
Colorado Trust
Point Foundation
Parker Foundation
Social Entrepreneurship
Spotlight
Vertical Farming: The Way to Feed a Global Population
Vertical farms are designed in a way to avoid the pressing issues about growing food crops in drought-and-disease-prone fields miles away from the population centers in which they will be consumed.