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
A woman in her 80s in Singapore pulled $20 out of her purse and gave it to the founder of a social enterprise that provides jobs for people with disabilities, the BBC reports.
Koh Seng Choon,...more
The Legacy Foundation in Ottumwa, Iowa, is putting its money where its mouth is.
The foundation has awarded $25,000 in grants to six local nonprofits, including $10,000 to the Cardinal Youth...more
A tiny-home nonprofit in North Carolina is getting $40,000 over the next two years to build three new homes for homeless people.
Pee Wee Homes will use the funds to hire a property or...more
The Legacy Foundation in Ottumwa, Iowa, is putting its money where its mouth is.
The nonprofit has awarded $25,000 in grants to six local nonprofits, including $10,000 to the Cardinal Youth...more
A bank in Kuwait is trying to make it as easy as possible for kids to get their hands on money.
Weyay Bank has launched a podcast called Jeel, in which kids between the ages of 8 and 14 discuss...more
When it comes to getting a driver's license in the US, there's a lot of red tape.
In fact, more than half of the country's DMV offices are still manual, according to a new report from the...more
Virginia Rep.
Jennifer McClellan is the first black woman elected to Congress from her home state, and she's also the first black woman to represent it in the House of Representatives.
But...more
Foundation: Lilly Endowment
Indiana is adding $500 million to its coffers and the Lilly Endowment is throwing in $250 million for community and economic development programs designed by communities themselves, the Columbus...more
If you're in the market for a new website, you might want to check out this list of 30 nonprofit mission statements, rounded up by Nonprofit World.
They're great if you're in the market for a new...more
"One day, he decided to do something about it."
That's how Steve Bachand describes his $5 million donation to the University of Virginia's Darden School of Business, which will create the Stephen...more
Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.