Community Foundation Adds Community Investing Program


Foundation: Hutchinson Community Foundation, Kansas Health Foundation, Topeka Community Foundation

credit:

"We are no longer your grandfather's community foundation because when community foundations started, they were basically philanthropic granting organizations," Elizabeth Weese, executive director of the Community Foundation of Dickinson County, tells the Hutchinson News. "But that has changed."

That's because the foundation has set aside $500,000 of its own funds for its Invest Dickinson County Program, which is investing in the economic development of the county.

The foundation is guarantor on a $200,000 bank loan to the Abilene and Smoky Valley Railroad for a track upgrade and on a $200,000 loan to Soleyah Brittian, owner of Hapisoul Cafe and Juicery, which was in need of a loan to open.

"We would have been unable to put the ties in and probably not have operated this year, so basically it was a lifeline that we needed and they were able to help us make that happen," says Ross Boelling, general manager of the railroad.

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Axa Im: Impact Investing Has a Performance Problem

"If you want to have impact, then IT, healthcare, and industrials will be the core three elements." That's what Anna V ? n ? 'nen, head of listed impact equity at AXA Investment Managers, has to...more

Funding the Future; How Business Leaders Can Transform African Healthcare
Foundation: GlobalGiving

"The main threat is the long-standing lack of sufficient funding for healthcare systems," Ota Akhigbe writes at the Conversation. "This funding gap means millions cannot get basic health care,...more

Two Chester County Young Entrepreneurs Make 2024 Class of Inno Under 25 Honorees

Two 18-year-olds from New Jersey are among the nation's top young entrepreneurs, the Philadelphia Business Journal reports. Rohan Kapoor and Jack Reichert, both of whom are seniors at Unionville...more

London Mayoral Candidate Natalie Campbell'S Surprising Link to Princess Kate and Duchess Meghan

If she wins, Natalie Campbell will be the first female and the first openly gay mayor of London. Campbell, who's currently the co-CEO of sustainable water company Belu Water, is running as an...more

Strengthening Boards to Navigate the Intersection of Profit and Purpose

When Sam Altman was ousted as CEO of OpenAI in November 2023, the tech start-up's entire board of directors resigned. Altman returned as CEO in March 2024, but the tech start-up has been mired in...more

Qut Uses Hollywood Effects to Visualise the Future of Mass Casualty Response

If something catastrophic happened in Australia, paramedics, doctors, and other emergency responders would likely be right in the thick of it. That's the premise of The Future of a Mass Casualty...more

Senior Software Engineer

Bloomberg is looking for a Salesforce.com developer to join its New York office. You'll be responsible for building and maintaining Bloomberg's sales and service applications on the Salesforce...more

Anil Damani: How Entrepreneurs Can Identify Opportunities for Philanthropy and Giving Back

The Atlanta Braves have a new co-owner, and it's no surprise. Anil Damani, a native of Pakistan who now lives in Atlanta, bought a controlling stake in the team earlier this year, reports the...more

Club News for April 27, 2024

A Kansas State University fraternity has donated $35,000 to a local animal shelter after one of its members was seriously injured in a car accident. Blake Aurand, a member of the Delta Sigma Phi...more

Day Seven of the Trump Trial: David Pecker, Trash Collector

David Pecker, the former CEO of the parent company of the National Enquirer, took the stand in his own defense Thursday in the trial of Michael Cohen, President Trump's former personal...more






William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders