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The Local Initiatives Support Corporation (LISC) has committed to invest $1 million in SustainVC Impact Fund II, a $25 million fund supporting early-stage companies focused on social and environmental impact.
The commitment is part of LISC's capital management strategy to align a portion of its investable assets with its mission to build a broadly shared prosperity throughout the country.
The strategy includes a new impact investment in SustainVC Impact Fund II, which finances enterprises that advance climate solutions, economic equality, health and education.
SustainVC supports entrepreneurs in three impact categories: climate and sustainability, equality and empowerment, and health and education. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Nebraska Community Foundation
K.C. Belitz, chief operating officer of the Nebraska Community Foundation (NCF), provides an example of how to use philanthropy to do community-building and a call to action. Belitz writes that...more
The Home Sharing Program, which recently launched in all five New York City boroughs, pairs homeless youth with senior citizens who have extra rooms in their apartments. According to Lorraine...more
Activate World's podcast spotlights Dr. Jerry Davis, Associate Dean for Business + Impact, Michigan Ross School of Business. Davis' research is concerned with the effects of finance on society,...more
Richard C. Harwood, author of "Stepping Forward: a Positive Practical Path to Transform Our Communities and Our Lives," addresses how people across the Untied States are pulling back from their...more
In a conversation with Tara Westover, author of the best-selling 2018 memoir, Educated, Jeffrey Goldberg dives into the issues surrounding cultural separation and mutual misunderstanding in...more
Foundation: Teagle Foundation
Steve Dubb, senior editor for NonProfit Quarterly (NPQ), tackles institutions that have anchor missions. He writes that today's anchor institutions are already widely accepted and provides examples,...more
This LISC research report provides evidence about the impact of investments, and the work of both community organizations and "anchor institutions." The report lists urban places and diverse...more
Suzanne Anarde, outgoing vice president and director of Rural LISC, writes in an essay for Shelterforce stating to look at the impact of investing in rural community development on its own...more
Foundation: San Francisco Foundation
Facebook commits $150 Million to Bay's Future Fund. LISC will help put these dollars to work promoting affordable housing development in the San Francisco Bay Area. The commitment from Facebook...more
Nonprofit Quarterly launches the second season of its Remaking the Economy webinar series. Each webinar will focus on a specific region or community. This webinar features the 501c3 nonprofit,...more
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Social Entrepreneurship
Spotlight
Social Enterprise Trains Migrants and Refugees with Fashion-Industry Skills
Sydney TAFE has teamed with a new clothing and retail social enterprise, The Social Outfit charity, to launch a dynamic collaboration that would enable students to gain real fashion industry skills and take on their own creativity and rich cultural heritage to produce garments for The Social Outfit’s store and adjoining workshop in Newtown.
