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View materials from "Impact Investing: Setting the Stage, A National Perspective on Impact Investing"
RESOURCE FOR MEMBERS ONLY
View materials from "Impact Investing: Setting the Stage, A National Perspective on Impact Investing"
James Wahls, founder of the Revolve Fund, fiscally hosted at Maryland Philanthropy Network, explains how recoverable grants expand capital access for marginalized entrepreneurs.
Four years after launching an impact investing fund aimed at making loans to local community groups, Baltimore Community Foundation is growing this part of its portfolio further as giving remains high.
Innovation Works, a Baltimore organization focused on supporting socially focused entrepreneurs through programming, mentorship and funding, has launched a new $4 million fund.
With seed funding from a cross-section of philanthropic organizations, grants from the Baltimore Small Business Support Fund will help the organizations build capacity. The groups will also form a cohort to share best practices.
The Abell Foundation and the local Neighborhood Impact Investment Fund will contribute $5 million toward a new program to assist startups in needy Baltimore communities.
What really drives sustainable, inclusive growth?
By almost any measure you choose, philanthropic giving in the US has grown exponentially in the past 25 years.
The racial wealth gap has been a widely acknowledged phenomenon in the academic and policy realms for years, and has become an important issue in the run-up to the 2020 election.
Poverty stands in the way of far too many children in the United States, particularly kids of color.