A customized collection of grant news from foundations and the federal government from around the Web.
"I am deeply sorry for these links," Archbishop of Canterbury Justin Welby says in a statement.
"It is now time to take action to address our shameful past."
The Church of England's predecessor, the Church Commissioners, received funds linked to slavery worth more than $1 billion, according to the Pioneers Post.
The new fund will be used "to invest for a better and fairer future for all, particularly for communities affected by historic slavery," Welby says.
The Church Commissioners manage some $10 billion in assets, including real estate and company shares, and use the returns to support the church's ministry.
The new fund will be overseen by a new oversight group with "significant membership from communities impacted by historic slavery," the Church of England says.Selected Grant News Headlines
Swiss Re is putting its money where its mouth is in Southeast Asia.
The insurance giant is launching its Shine social entrepreneurship program in Indonesia, Malaysia, Singapore, and Thailand,...more
Foundation: Barberton Community Foundation
Kenneth Cox was running for mayor of Barberton, Ohio, in 2023, and when he saw a negative Facebook post about him, he decided to do something about it.
"The residents of Barberton need a...more
There's a whole new industry emerging in women's health, or FemTech, and it's all about women's reproductive health.
Companies are developing devices and apps that help women better understand...more
India's Rajiv Gandhi National Institute of Youth Development (RGNIYD) is known for its work with disadvantaged youth, and it's now offering master's and bachelor's degrees in fashion design, textile...more
PepsiCo has selected eight startups from the Middle East and North Africa region as finalists in its Mega Green Accelerator program, which aims to " nurture the next generation of innovators as they...more
Funding for green technologies is on the rise in India, and the country's biggest investment fund is aiming to raise $1 billion for a climate-related fund by 2022, Bloomberg reports.
The fund,...more
Foundation: Oshkosh Area Community Foundation
A nurse in Fond du Lac, Wis., is this year's recipient of the DAISY Award, given to those who go "above and beyond" to provide excellent patient care.
Haley Birschbach, a nurse in medical...more
It's time for the US to get serious about regulating artificial intelligence, according to a new report from a bipartisan group of senators.
The report from the Bipartisan Senate AI Working...more
Rayees Rahman may not be a household name, but he's the winner of a prestigious life-sciences investment competition in the United Arab Emirates.
The 21-year-old won the JP Morgan Asset...more
Foundation: GE Foundation
"You showed up in the classroom.
You showed up in the laboratory.
You showed up on Zoom.
And you showed up here today," University of Massachusetts Amherst Chancellor Javier Reyes told...more
Social entrepreneur and co-founder of nonprofit Jolkona, Adnan Mahmud, discusses his definition of a successful social entrepreneur. He describes the social entrepreneur as someone who has found the right balance between doing good while doing well.