Announcing Innovation Fund Round 2 Grantees!
Concluding the second round of grants from its Innovation Fund, the Alliance is pleased to announce the winners. In alphabetical order, the grantees are:
In the mean time, Round 1 progresses–see the Compiled Reports thru Second Quarter.
Consistent with its mission and values, the Alliance’s Innovation Fund is designed to help medium-sized U.S.-based nonprofits engaged in our areas of interest develop mission-relevant social finance mechanisms as part of their approach both to their own revenue needs and to the sustainability of programs that address the mission and problem-solving programs of the nonprofit.
Building on the success of Round 1, the second round of grants provides venture philanthropy capital for the implementation of revenue generating or enhancing innovations or opportunities by nonprofits engaged in the five critical areas of AFGG emphasis—poverty, health, education, environment and world relation–so as to enable them to be more self-reliant. One marked difference in this second round was an increased emphasis on including a business plan and related materials, which is now required of all applicants.
The mission of the Alliance for Global Good is to increase the efficiency, effectiveness and sustainability of nonprofits focused on solving global crises.
The Alliance is a grant-making and fundraising organization. To increase impact and efficiency, the Alliance convenes and coordinates programs and organizations that give a priority to innovation, collaboration, sustainability, scale, and leverage.
Today’s increasingly complex world is confronted with a multitude of global challenges approaching crisis. Globalization, technology and telecommunications have woven our fates together. Moral, humanitarian, and economic imperatives command concern for the planet’s people as a whole. Recognizing that all challenges are interrelated, the Alliance supports efforts in areas of health, poverty, education, the environment, and world relations.
The Alliance envisions a world in which private foundations and philanthropists work collaboratively and innovatively as partners with public programs, to reframe our biggest problems, identify and carry out smarter solutions, measure impact, and share answers on a global scale. Effective and efficient philanthropy will generate increased charitable giving as people become aware they can make even more of a difference with the same contribution. And as American philanthropy tackles some of the world’s most pressing problems with significant resources and demonstrable impact, America’s standing in the global community will increase as well.
The Alliance for Global Good believes we must give our time, resources, and collaborative energy to find solutions now, if we want the world of our children and grand-children to be one of promise.