Bank To Invest $75 Million Into Underserved Communities in the D.C. Area


Foundation: Venture Philanthropy Partners

JPMorgan Chase has pledged $5 billion in "philanthropic capital and flexible low-cost loans" over the next five years. Wards 7 and 8 in Washington, D.C., will receive about $20 million of that.

"Business must do its part to help solve challenges facing customers and communities it serves," says the vice president of an investment bank. Early education and affordable housing for African-American and Latina families will be among the investments.

Another $5 million will be used to assist a coalition of organizations in developing wealth-building programs for minority developers. Read the Entire Article


Selected Grant News Headlines

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

The HUB For Community Innovation Is Filling The Gaps In Augusta

"This community has done something really amazing with these two buildings, and what we have in front of us is how we make these buildings come to life," Shell Berry, president of the Community...more

How Cities Are Creating The Conditions For Urban Innovation

Technology was not top of the agenda for European digitalisation leaders gathered in Barcelona. Instead, a focus was on laying the right foundations for cross-city innovation. BIT Habitat is a...more

Transformational Moment That Could Help Lift The Entire Community
Foundation: Lancaster County Community Foundation

"We've been serving Lancaster for 30 years by providing access to credit to entrepreneurs who want to make a positive change in the community," says Daniel Betancourt, CEO of Community First Fund, a...more

ACAF Grants Support Leadership Allegany, Cuba, Salvation Army

The Allegany County Area Foundation has released its latest round of grants, and it's going to a bunch of people who really need it. The foundation has awarded $1,500 to the Cuba Friends of...more

Nevada Nonprofits Can Apply For Grants From Gannett Foundation's A Community Thrives

The Gannett Foundation is awarding more than $2 million in grants to help build communities across the country, the Reno Gazette-Journal reports. The grants are part of the foundation's 2022 A...more

PG Community Foundation Awards $138-thousand In Grants

The town of Prince George, British Columbia, is getting a boost from a not-for-profit foundation that's been around for more than two decades. The Prince George Community Foundation has given more...more

Community Foundation Launches 'TogetherATL' To Tackle Equity Issues
Foundation: Community Foundation for Greater Atlanta

"We are a region of contrasts," Frank Fernandez, president and CEO of the Community Foundation for Greater Atlanta, tells the Atlanta Journal-Constitution. "A region that has a lot of great...more

The U.S Is Uniquely Terrible At Protecting Children From Gun Violence

"It's extremely scary," University of Chicago student Ade Osadolor-Hernandez says. "It's extremely disappointing to see that we're still living in this condition, and that there is nothing that is...more

Sixth Street Plans Could Create Cushion For New Incubator Music Venues

A Dallas-based real estate firm is planning a major revamp of Austin's Sixth Street entertainment district, and one part of the plan is to boost the height of buildings in the area to 45-foot...more

Baltimore City Doubles Incentive For First-Time Homebuyers To $10000

"To continue to grow our city and strengthen our economy, we must do everything in our power to prevent potential Baltimore homeowners from being squeezed out of the marketplace." So says...more







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Harvard Law School Welcomes Social Enterprise


The Social Enterprise Law Association (SELA), founded by Bea Hinton and Thea Sebastian, is a student-led organization at Harvard Law School designed to connecting the rift between the private and public sectors, while offering a space for students to transform their ideas into initiatives by applying their newfound legal skills to build meaningful careers.




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