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The Roman Catholic Church has undergone many changes under the very different style of leadership of Pope Francis. Among these changes is broadening the conversation among what might otherwise be considered disparate groups, such as those in business and those in social ministry. One such example of broadening this conversation is the recently held 2nd Vatican conference on impact investing.
To help bring both parties to equal footing in understanding the jargon of impact investing, church and social ministry participants undertook a 2-day training ahead of the conference. This helped the conversation between those involved in impact investing with those social ministers who aren't familiar with the benefits it could offer their groups. Further conversations are needed, and will certainly be held both inside and outside of such conferences in the future.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
One of the world's largest green investment funds is set to announce its first transaction in the US. Per the Wall Street Journal, the Asia Green Fund (AGF) plans to invest up to $1 billion in a...more
Texas is following in the footsteps of Florida, Louisiana, South Carolina, and Utah by pulling billions from BlackRock, the world's biggest asset manager. The Texas State Board of Education...more
Amazon is taking a stand against climate change, and it's putting its money where its mouth is. The company on Tuesday announced the 15 startups that have been selected to participate in the...more
The European Central Bank is expected to cut interest rates for the first time in nearly a decade this week in an effort to boost the struggling eurozone economy, the Wall Street Journal...more
Foundation: Johnson Foundation, Robert Wood Johnson Foundation
The Robert Wood Johnson Foundation is giving $325 million to help communities that have suffered from "a historic lack of investment" in areas such as housing, water, and infrastructure, the New...more
"We are incredibly honored to receive this recognition from the Cary Chamber of Commerce," Joseph Jenkins, CEO and co-founder of dooable health, says in a press release. He's referring to the...more
Sickle cell disease is one of the most common genetic diseases in the world, affecting one in every 10,000 people, according to the World Health Organization. Now Abu Dhabi, the United Arab...more
Australia's Pathzero is the world's largest private-market emissions data network, with more than 50,000 assets under management, reports the Guardian. That's more than $13.1 trillion in global...more
"It's about time." That's how Natasha Garcha, senior director and gender-lens investing specialist at Impact Investment Exchange, is framing the investment world's first-of-its-kind asset class...more
The man responsible for turning Samsung into one of the world's most successful companies has died at the age of 99. Lee Byung-Chul, who founded the company in 1910 and became its chairman in...more
Social Entrepreneurship
Spotlight
Ten Years After Katrina, A New Startup Sector Takes Hold In New Orleans
“I think, by 2018, there’s an opportunity for New Orleans to be viewed around the country, around the world, as a hub of entrepreneurship for the South,” says Tim Williamson, the CEO and cofounder of incubator The Idea Village, referring to the year the city will celebrate its 300th anniversary.
