Shifting From Olympic Legacies to Impact Investing Models

credit:

When the 2010 Vancouver Olympics closed, organizers promised that the games would leave a “lasting social legacy,” and they’ve lived up to that promise, according to a new study.

The authors of the study, published in the Journal of Social Policy, say that the games “have been a catalyst for community development and social welfare,” and that they’ve used the games’ legacy to fund everything from arts and cultural events to snowboarding programs for inner-city kids.

The study’s lead author, a professor of social policy at the University of British Columbia, says that the games’ legacy “has been a catalyst for community development and social welfare,” and that using money from the games to fund projects that have a “lasting social impact” is a great way to use the games’ legacy “to generate enduring social legacies.” But not everyone is thrilled with the idea of using money from the games to fund projects that have a “lasting social impact.” The chief executive of the Canadian Olympic Committee, for example, says that using money from the games to fund projects that have a “lasting social impact” is a “great way to use the power of the Games,” but he’s not sure that using money from the games to fund projects that have a “lasting

Read the Entire Article

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

How's Your Community Doing?
Check Out it's
Community Vital Signs

Energy Innovation Challenge Launches $2.4M Program to Diversify Alberta'S Energy Economy

The Canadian city of Medicine Hat is kicking off the country's first-ever Energy Innovation Challenge to help small energy startups get their ideas off the ground and into the market, the CBC...more

Oot Social Health Redefines Community Building with Innovative Platform Launch

Loneliness has been linked to a host of health issues, including heart disease, cancer, and respiratory depression. Now a Canadian company is hoping to change that with an app it's calling "OOt...more

Santa Barbara Education Foundation Raises $130000 to Support Local Students at Hope Awards

Santa Barbara's 99.9 KTYD radio station is known for its rock 'n' roll, so it was only a matter of time before the station received an award for its community service. The nonprofit Santa Barbara...more

P.B. Scott Named Ey'S Master Entrepreneur of the Year for Ja

"It's very nice to be recognized. It's an honor to be a part of something that's global." So says P.B. Scott, president and CEO of the Musson Group, after being named the Master...more

Just Energy Transition: Economic Implications for Jharkhand

As the world shifts away from fossil fuels, workers in coal-mining states in India are bracing for job losses, Bloomberg reports. According to a report from the Center for Policy Research,...more

Chikamhi'S Book Inspires, Empowers Smes

"When I came to Harare from Zaka, I had nobody and knew nobody, but I had to define my career path and carve my own niche, hence the confidence that all these important people here now have in...more

Greater Hermiston Community Foundation Seeks Grant Applicants

The Greater Hermiston Community Foundation is accepting applications for its 2024 grant cycle. Local organizations serving Hermiston, Umatilla, Stanfield, Echo, and Irrigon are eligible to...more

Sparking Innovation and Inspiration
Foundation: Kellogg Foundation

For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more

Mercer Law, School of Music and Capricorn Partner for Entertainment Law Seminar

If you're an artist trying to break into the music business, there's a good chance you've never heard of entertainment law. But if you're a law student at Mercer University in Georgia, you may...more

Arc and Ace Unveil Groundbreaking Cohort for Georgia Veterans, Integrating Business ...

Amy Reese, a veteran and CEO of ARC Business Solutions, says she's "thrilled to see the impact" her organization's "Business Boots on the Ground" program will have on military veterans in...more