Bank of America Charitable Foundation distributed nearly $1 million in community giving to 24 nonprofits focused on ensuring individuals and families in metropolitan Detroit have access to basic needs and services.
A new report details how an incubator created by the Filene Research Institute, with funding from Ford Foundation, generated $100 million in loans and nearly $1 million in savings for previously underbanked families.
Saying it made a major mistake by overlooking the needs of people with disabilities in revamping its programs to focus on inequality, the Ford Foundation pledge Monday to undertake a top-to-bottom review of its policies and practices on the issue.
More young blacks and Hispanics feel that they can't depend on family to help them with financial needs, from big-ticket items like college tuition to smaller expenses, than do whites or Asians, according to a new GenForward poll.
Opportunity Finance Network, Goldman Sachs, and the Surdna Foundation will award four CDFIs, including Accion and CSBDF, with the 2016 Small Business Leader Award for Mission-Driven Lenders.
The Simons Foundation is delighted to announce the formation of the Center for Computational Quantum Physics, in the foundation’s new Flatiron Institute, and the appointment of Antoine Georges as its director.