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$1 M Impact Investment to Revitalize Neighborhoods Through the Arts
Foundation: Rockefeller Philanthropy Advisors
Atlanta-based Souls Grown Deep Community Partnership (SGDCP) has recently announced that it will be committing $1,000,000 to impact investments.
The partnership is the sister organization to Souls Grown Deep Foundation and the funding is part of Upstart 2.0, a new initiative led by Upstart Co-Lab, a project of Rockefeller Philanthropy Advisors.
According to Dr. Maxwell L. Anderson, president of Souls Grown Deep, the $1 million commitment will use the partnership's endowment funds to support of racial and social justice, jobs, community development, and economic opportunities in the regions that gave rise to artists represented in the Foundation.
The investment paves way for Souls Grown Deep's mission to advocate for the African American artists of the South and their communities.
Also, the partnership's commitment marks a new phase in Upstart Co-Lab's growth, Upstart 2.0, which aims to build a community of pioneering impact investors who believe in the power of creativity to make social impact. Read the Entire Article
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Social Entrepreneurship
Spotlight
Social Entrepreneurship: The Right Balance of Doing Good and Doing Well
Social entrepreneur and co-founder of nonprofit Jolkona, Adnan Mahmud, discusses his definition of a successful social entrepreneur. He describes the social entrepreneur as someone who has found the right balance between doing good while doing well.
