A Transformative Gift to Drive Racial & Economic Justice

Philanthropist MacKenzie Scott is donating an extraordinary $40 million unrestricted grant to LISC. It is the largest gift from an individual in LISC’s 40-year history—one that not only speaks to the value of LISC's ongoing efforts but also to the power and efficacy of community development, as a whole, to help advance racial and economic justice and spur opportunity throughout the country, according to Maurice A. Jones, LISC president and CEO.

"This is a catalytic gift to support vital and meaningful work," Jones said. "We are humbled and incredibly grateful to MacKenzie for her generosity, creativity, confidence and vision—using her resources in bold ways to invest in efforts to create and sustain stronger futures for American families and communities for many years to come." Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Nddc And Sustainable Development Finance Pathway

For more than 50 years, militants in Nigeria's Niger Delta have been fighting for the region's oila source of more than $100 billion a year to the country's government, according to the World...more

Super Battle on Impact Investing and Returns

A new campaign in Australia is urging the country's $122 billion super fund industry to invest in projects that make a positive social and environmental impact. The #5by25 campaign, led by Wealth...more

Thelma Ekiyor-Solanke, Championing the Cause of Philanthropy and Impact Investment in Nigeria

Thelma Ekiyor-Solanke is known for her work in philanthropy and impact investing in Nigeria and across Africa, and now she's making history as the first chair of the country's Office for...more

Not Your Average Bank Statement: What 10 Years of Impact Investing Looks like

If you're short on cash and want to do something about climate change, a not-for-profit investment platform in the UK may have just the thing for you. Ethex, which launched in 2013, has raised...more

Shobhit Mathur Vc of Rishihood University on Social Impact Investment at Iit2024 Conference
Foundation: Gates Foundation

India's Indian Institute of Technology, or IIT, is known for its cutting-edge research and for producing some of the world's top engineers. It's also known for producing some of the world's worst...more

Gp Profile: Lightrock

Private equity firm Lightrock has announced the launch of a new fund that will invest in early-stage tech companies in India, the BBC reports. The fund, called Lightrock India Private Equity...more

Investment Implications of Generative Artificial Intelligence

Artificial intelligence is here, and it's going to have a huge impact on the stock market in the not-too-distant future. That's the takeaway from a new report from T.Rowe Price, which calls on...more

Blackrock Former Champion of Esg, Shifts to Impact Investing

BlackRock, the world's biggest asset manager, has decided to stop using the term "environmental, social, and governance" to describe the criteria companies must meet in order to do business with the...more

The Importance of Compliance in Diversity, Equity and Inclusion

When Aurlia Le Frapper first started her career in financial services, she worked for an investment manager in Berlin. After that, she worked as an analyst for Amazon and for a tech consulting...more

Genus Capital Management Introduces Biodiversity Screen as a Cornerstone of Impact Investing

"Biodiversity has a substantial impact on economic activity, influencing a significant portion of the global economy," Mike Thiessen, chief sustainability officer and co-chief investment officer at...more





Millennials often get flak for being picky, narcissistic and fickle, especially when it comes to doing business. While unemployment struggles often reach more people in younger generations, these seven millennial entrepreneurs featured in the Huffington Post are too busy creating positive social impact, changing other people’s lives and theirs.




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