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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
Foundation: Gates Foundation 
One of the world's richest men is pushing to make Hong Kong a "philanthropic hub" in the region.
The city's chief executive, Leung Chun-ying, says he wants to make it "a bridge between China and...more
Want to invest in companies that are good for the planet but also good for the bottom line? Look no further than Nordis Capital, a Montreal-based investment firm that aims to invest in companies...more
Nigeria has become the 16th country to sign an agreement with the Fund for Export Development in Africa, a multilateral bank that aims to boost African exports.
The bank's president, Benedict...more
It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market.
A Bloomberg...more
Kinara Capital, an Indian startup that offers short-term, unsecured loans to small and medium businesses, has just received $24.4 million in debt funding, the Times of India reports.
The funding...more
The Italian government has put the kibosh on a plan to build ground-mounted photovoltaic systems on agricultural land, Bloomberg reports.
According to a draft of a new agriculture law, "the areas...more
Foundation: Kellogg Foundation
For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more
When it comes to environmental, social, and governance (ESG) issues, many investors are looking to invest in companies that have a positive social or environmental impact.
But when it comes to...more
"To differentiate and compete, you really have to pay attention to technology," says Chat Reynders, CEO of Reynders, McVeigh Capital Management.
"It was becoming clear to me that our tech wasn't...more
"Take a jigsaw puzzle of our planet, an amazing planet, and you'll have amazing pieces to fit there.
Rivers, oceans, land, people, 8 million species, and they all exist in perfect harmony," says...more
Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.
