Weingart Foundation has delivered more than $1.6 billion in grants and loans focusing on racial and socioeconomic injustice.
In 2017, it decided to align its investment portfolio with its mission to drive equity and partner with others to advance justice.
With impact investing, Jackson said, the Foundation is using capital to achieve both social and financial returns, instead of having to sacrifice one for the other.
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MVYouth, a newly formed Vineyard philanthropy group with a mission to support Island youth, will pledge $4 million over the next four years to a diverse set of youth causes.