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Cleveland Foundation Jumpstarts its Equity Initiatives with the Black Futures Fund
Foundation: Cleveland Foundation
The Cleveland Black Futures Fund is just one step in a long-term process toward the Cleveland Foundation becoming a more equitable grantmaker.
According to Keisha González, program manager of social impact investing and community development initiatives at the foundation, the social climate of the past year, especially following the murder of Floyd, made for a critical moment where the response had to be commensurate with the movement and push for social justice across the country within the Black community,
As soon as the Cleveland Black Futures Fund was announced, donors came forward, which emphasized the importance of the fund as a mechanism for those who recognized the problem and wanted to be part of the solution but perhaps didn't have the connections or know where to start.
A seven-person committee of community leaders and foundation representatives sorted through more than 220 submissions for the initial application period. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Foundation: Silicon Valley Community Foundation, California Endowment
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Foundation: California Community Foundation, California Endowment
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The University of Utah's Wilkes Center for Climate Science and Policy has narrowed its list of finalists for its $500,000 Climate Launch Prize to seven. The goal of the prize, which is one of the...more
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Foundation: Citi Foundation
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Canada is putting its money where its mouth is, with a $2.5 million investment in five projects in India meant to help the country's poor, the Toronto Star reports. "Many of these novel projects...more
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
