The Omaha Community Foundation Launches Impact Investing Fund


Foundation: Omaha Community Foundation

credit:

The Omaha Community Foundation has launched the Community Loan Fund with the aim of accelerating positive social outcomes within our community through impact investing.

The Community Loan Fund differs from the standard grant-based philanthropy championed through the Omaha Community Foundation. The fund makes flexible, affordable loans to qualified nonprofits with the dual objectives of significant community impact together with a financial return.

The Community Loan Fund facilitates the local investment of additional charitable capital in response to community needs, where the organization or project being financed has repayment capacity.

The Community Loan Fund has already made local investments in the Nebraska Enterprise Fund, Native360 Loan Fund, and Midwest Housing Development Fund. Read the Entire Article


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Coastal South Carolina Gets $685k to Support Black Communities and Build Resilience
Foundation: Coastal Community Foundation, Coastal Community Foundation of South Carolina

Officials from the Coastal Community Foundation of South Carolina stated that they have provided $685,000 to 37 non-profit organizations led and/or served by blacks in the three-county area to...more

Foundation Accepting Applications for Small Business Grant Program
Foundation: Community Foundation of Greater Birmingham

The Community Foundation of Greater Birmingham is accepting applications for a new grant program designed to support underserved small businesses throughout the region. The grant will help Community...more

Maine Community Foundation Grant Supports Co-Working Space and Artist Cottage
Foundation: Maine Community Foundation

Monson's Economic Development Committee has received a $17,000 grant from the Maine Community Foundation's "Start Up Scale Up" program to support Monson’s new Co-working Space and Artist Cottage....more

Charlottesville Reopening Fund Raises $165000 to Support Public Schools
Foundation: Charlottesville Area Community Foundation

The Charlottesville Reopening Fund raised $165,000 from 201 donors this school year to help families, and the organizers said this effort demonstrates the community's support for public schools and...more

Top 50 Global Urban Innovation Selected by Bloomberg Philanthropies
Foundation: Bloomberg Philanthropies

Bloomberg Philanthropies has announced 50 Champion Cities. They represent the boldest urban innovations in the past year. They will enter the final stage of the 2021 Global Mayor’s Challenge. A...more

The Latino Equity Fund Seeks to Raise $10 Million to Invest in Businesses and Organiztions
Foundation: Boston Foundation

Evelyn Barahona has been chosen to lead and grow a new philanthropic fund designed to address longstanding inequities in the Massachusetts Latino community—issues that came into sharper focus after...more

Well CDC to Complete its 60th Restored Home in Akron
Foundation: Akron Community Foundation

The Well Community Development Corporation (CDC), a nonprofit that aims to improve communities through housing restoration and economic development initiatives, has restored 57 homes in Akron's...more

New Round of Aaron Rodgers Small-Business Grants help 79 Butte County Businesses
Foundation: North Valley Community Foundation

Through the North Valley Community Foundation’s Aaron Rodgers Small Business COVID-19 Fund, the second round of funding will pay a total of $578,000 to 79 local businesses in Butte County, as they...more

Nonprofits in Philadelphia Benefit from $1 million Supporting Black Communities initiative
Foundation: Philadelphia Foundation

The Philadelphia Foundation has created a fund designed to bolster the Black-led nonprofits that serve the region's Black communities.The Black Community Leaders Fund will build on a $1 million...more

Voter Engagement Efforts Gets $1 Million in Grants through GoVoteNYC Fund
Foundation: New York Community Trust

The GoVoteNYC Fund in The New York Community Trust has announced $1 million in grants to nine nonprofits for nonpartisan get-out-the-vote education and activities. The efforts are designed to...more





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Skoll Foundation
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Microsoft


Social enterprise, HandiConnect, wins the Audacious-Business Idea competition’s Doing Good category. The company is spearheaded by University of Otago entrepreneurship master’s student Nguyen Cam Van.




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