Philanthropic Venture Fund Celebrates Alumni Success

IU Philanthropic Venture Fund has recently announced its first successful exit from the fund's investment portfolio with the acquisition of Doxly.

Doxly is an Indianapolis-based company led by founding CEO and IU alumna Haley Altman and Executive Chairman Christopher Clapp. It is a software as a service product that helps users collect and centralize legal documents in one place.

The IU Philanthropic Venture Fund invests in IU-connected companies and startups, and earned equity returns to the fund.

IU Ventures is a nonprofit organization dedicated to empowering Indiana University faculty, alumni and friends to support and invest in IU-affiliated innovation. The IU Philanthropic Venture Fund is one of its three major programs that aim to provide opportunities for IU-affiliated individuals and support growing enterprises. Read the Entire Article


Selected Grant News Headlines

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

Exxonmobil Is Suing Investors Who Want Faster Climate Action

ExxonMobil is in the midst of dozens of lawsuits from states and localities accusing the company of lying about its role in climate change and the dangers of burning fossil fuels. Now, the oil...more

Firstenergy Corp. Expenses Under Scrutiny

An auditor hired by the West Virginia Public Service Commission to look into two electric companies owned by FirstEnergy found evidence of wrongdoing, but it's not clear whether the companies...more

What Is a Program Related Investment?
Foundation: Gates Foundation

Bill and Melinda Gates are putting their money where their mouth is. The world's two biggest philanthropists have each donated $50 million to the Bill and Melinda Gates Foundation, CNN...more

Exploring the Potential of Satellite-Based Mission Investment and Financing
Foundation: Gates Foundation

There's a new way of helping the world's poorest people, and it doesn't involve sending in satellites. Instead, the Bill and Melinda Gates Foundation is putting its money where its mouth is,...more

U.S. Impact Investing Alliance Names John Palfrey, President of the John D. and ...
Foundation: MacArthur Foundation, Ford Foundation

"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more

U.S. Impact Investing Alliance Names John Palfrey, President of the John D ...
Foundation: MacArthur Foundation, Ford Foundation

"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more

U.S. Impact Investing Alliance Names John Palfrey, President of the John D. and ...
Foundation: MacArthur Foundation, Ford Foundation

"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more

Impact Investor Illumen Capital Closes $168M Vehicle

"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more

Impact Investor Illumen Capital Closes $168M Vehicle

"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more

Startup Health Announces Type 1 Diabetes Program-Related Investment by the Helmsley ...
Foundation: Helmsley Charitable Trust

"There is no shortage of early-stage innovators with bold ideas that could lead to better management of T1D or to prevention," Sean Sullivan, a program officer at the Helmsley Charitable Trust, says...more





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Kresge Foundation

Millennials often get flak for being picky, narcissistic and fickle, especially when it comes to doing business. While unemployment struggles often reach more people in younger generations, these seven millennial entrepreneurs featured in the Huffington Post are too busy creating positive social impact, changing other people’s lives and theirs.




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