Foundation Grants
Community Vital Signs
About Us
Building Healthier Communities: Inside Rwjf'S Impact Investment Strategy
Foundation: Johnson Foundation, Robert Wood Johnson Foundation
The Robert Wood Johnson Foundation is putting its money where its mouth is, investing $50 million to help communities of color get out of poverty, the New York Times reports.
Zoila Jennings, the foundation's impact investment officer, says the money is going to small businesses, affordable housing, and community banks that help communities of color get out of poverty.
"We're investing in communities of color that have historically been under-served by the financial system," she says.
"We're investing in communities of color that have historically been under-served by the financial system."
The money is being doled out as the foundation works to "democratize the financial system for communities of color," according to a press release.
Jennings says she wants to "democratize the financial system for communities of color," and that's not just about putting money in people's pocketsit's about changing the financial system itself.
She tells the Times that banks are "highly regulated, and it does limit what they can do in terms of flexible financing," so the Robert Wood Johnson Foundation is a " systems-level investor" that doesn't focus on one specific area.
"On the community development side, I say, where is the capital now
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Luton-based social enterprise Att10tive Social Enterprise is ending 2024 on a high note with the announcement of a significant grant award from the National Lottery Community Fund.This funding will...more
Foundation: Ford Foundation
The Ford Foundation worked hand in hand with the Carter Center for decades to advance justice and wage peace around the world.As we honor President Carter's life and legacy, let us heed his call to...more
This book is based on the best papers accepted for presentation during the SLET-2022: International Conference on Innovative Approaches to the Application of Digital Technologies in Education and...more
getRecommendations_1702633( ["education","academic degree","employment","investment","college","retirement","economy","tax","pension","health","volunteering","sin","prophets and messengers in...more
Rowan-Cabarrus Community College wins six awards in the 39th Annual Educational Advertising Awards.The awards were for a video produced in collaboration with Market Street Studios, billboards for the...more
Youth must lead sustainable, nature-centric development: Rizwana.Environmental scientists, educators, researchers, and representatives from various organisations were present at the function.The...more
Korea scored 73 out of perfect 100 in the overall industrial environment.The report measured policies and regulations, tax policy, energy, transportation, and health costs, workforce quality, and...more
The Canadian Ski Council is a national not-for-profit organization dedicated to promoting skiing and snowboarding across Canada.The initiative provides a behind-the-scenes look at how Canada's ski...more
Artificial Intelligence (AI) significantly enhances the efficiency of renewable energy systems.AI-powered optimization algorithms are being employed to analyze vast datasets and identify...more
Salem State University has just launched the formation of a Behavioral Health Internship Program thanks to a $930,000 grant from the Massachusetts Department of Higher Education.The initiative,...more
New News from...
Kosciusko County Community Foundation
Community Foundation for San Benito County
Oregon Community Foundation
Parkersburg Area Community Foundation
Community Foundation for the Alleghenies
Commonwealth Fund
Rockefeller Foundation
York County Community Foundation
Golden Belt Community Foundation
Gulf Coast Community Foundation
Social Entrepreneurship
Spotlight
Europe-wide Call to Support Social Enterprises
Social enterprise leaders throughout Europe are urging local authorities to use their powers to help the third sector grow. During a two-day European Commission event in Strasbourg, councils in member states are called upon to use a variety of methods to support the sector.