Since 2020, the percentage of foundations with assets of $10 million or more has nearly doubled.
The survey found that while "family foundations' asset sizes have increased there has only been a small increase in payout rates"
A customized collection of grant news from foundations and the federal government from around the Web.
Nonprofit impact investing firm, Acumen, has invested $1.2 million to KZ Noir, a Rwanda-based coffee processing company owned by Kaizen Venture Partners. The investment will equip KZ Noir the funds for working capital, debt refinancing, and capacity expansion.