California Endowment awards $47 million in social bond investments
The California Endowment has announced the latest round of grants in its $300 million social bond initiative, with a focus on organizations working to create a sustainable impact and advance equity on a policy- and systems-change level.
The latest round of grantmaking includes a total of $47 million in funding across four priority areas: community power infrastructure ($14.7 million), climate resiliency ($7.3 million), health systems ($20.5 million), and research and evaluation ($4.5 million). Grantees include the Liberty Hill Foundation, Possibility Labs, California Primary Care Association, and the Johns Hopkins University P3 Lab.
“The grants are reflective of our commitment to fund the ‘good troublemakers’ and their vision for long-term solutions that solidify California’s community-based, power-building infrastructure to advance racial equity and health system transformation,” California Endowment president and CEO Robert K. Ross wrote in a blog post.
For a complete list of grantees, see the California Endowment website.
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