Venture Philanthropy uses philanthropic dollars earmarked to do some kind of social and community good as a source of capital for businesses launched in marginalized communities.
The monies are managed through a Program Related Investment (PRI) fund and deployed as capital for the purpose of launching businesses.
Significant Matters raised over $850,000 of venture philanthropy funds that were invested in businesses focused on creating sustainable and transformational solutions.
A customized collection of grant news from foundations and the federal government from around the Web.
The granddaughter of President George H.W. Bush, Lauren Bush Lauren, she launched the FEED Projects back in 2007 to address world hunger. FEED has contributed over 75 million meals worldwide through consumer goods sales like the “1” bag that feeds one child in school for an entire year for every bag sold.