We server the underserved

New Catalyst for Community Development Investing

The Weingart Foundation is joining with nine other philanthropic organizations across the country to form the Community Investment Guarantee Pool, a new tool for community development finance and the first of its kind in the U.S. The Pool, backed by guarantee commitments totaling $33.1 million, is expected to catalyze more than $150 million in new investments in small businesses, climate and affordable housing. “The Community Investment Guarantee Pool is a catalyst that will bring new capital to communities of color,” says Fred Ali, the Weingart Foundation’s President & CEO. To learn more, click here.

Q & A with Vera de Vera, Director of Leadership for Movements: “Beyond the Grant”

Vera de Vera

At the Weingart Foundation, we are committed to continuously listen to nonprofit organizations and incorporate this feedback to improve our grantmaking practices. As part of this effort, we partner with the Center for Effective Philanthropy (CEP) in conducting ongoing grantee and applicant perception surveys. Responses from the most recent CEP survey highlighted organizations’ desire for us to continue to provide support “beyond the grant”—a strategy by which we can help nonprofits strengthen their effectiveness through access to technical assistance, learning communities and other activities. Vera de Vera, Director, Leadership for Movements, leads our work in this area and shares her insights in this Q&A.