Community Foundation Adds Community Investing Program


Foundation: Hutchinson Community Foundation, Kansas Health Foundation, Topeka Community Foundation

"We are no longer your grandfather's community foundation because when community foundations started, they were basically philanthropic granting organizations," Elizabeth Weese, executive director of the Community Foundation of Dickinson County, tells the Hutchinson News. "But that has changed."

That's because the foundation has set aside $500,000 of its own funds for its Invest Dickinson County Program, which is investing in the economic development of the county.

The foundation is guarantor on a $200,000 bank loan to the Abilene and Smoky Valley Railroad for a track upgrade and on a $200,000 loan to Soleyah Brittian, owner of Hapisoul Cafe and Juicery, which was in need of a loan to open.

"We would have been unable to put the ties in and probably not have operated this year, so basically it was a lifeline that we needed and they were able to help us make that happen," says Ross Boelling, general manager of the railroad. Read the Entire Article


Selected Grant News Headlines

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

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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

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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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