Home
Focus Areas
About Us
New Inclusive Creative Economy Strategy to Demonstrate That the U.S. Creative ...
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food, and other key commercial creative industries."
Now, thanks to a $15 million investment from 14 funders, including the Andy Warhol Foundation for the Visual Arts, the "first dedicated impact investment portfolio for the US creative economy" is coming to life.
Upstart Co-Lab, a sponsored project of nonprofit Rockefeller Philanthropy Advisors, says the Inclusive Creative Economy Strategy will focus on investing in the creative industriesincluding film, fashion, video games, beauty, food, and other key commercial creative industriesthrough funds and companies to "secure blended value."
"The creative economy values merit and originality, it can help to build a more inclusive economic future," says Michael Quattrone, co-founder of the Skoll Foundation and Upstart Co-Lab.
"By demonstrating that putting more money to work in the creative economy can generate both attractive financial returns and positive social impact, this initiative can help break new ground for impact investing and build a more equitable and vibrant creative landscape in the US," says Roy Swan, director of mission investments for the Ford Foundation, one of the 14 funders. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The Des Moines Arts Festival is less than two months away, and this year's event will feature more than 100 artists from around the world. The final weekend of the festival will take place in...more
"In an era marked by polarization and misinformation, authentic storytelling serves as a powerful antidote, fostering empathy, understanding, and connection across diverse communities, while...more
"The arts are an important part of who we are and our state's culture, and as a state we deeply appreciate all the talented individuals and supporters who elevate culture and arts in Colorado," says...more
"It is now harder than ever for artists to make a living," the Sydney Morning Herald quotes Creative Australia CEO Adrian Collette as saying after the release of a new report on the working lives of...more
The New Mexico town of El Rito has been named one of America's 10 most livable cities by Time. The honor goes to El Rito for the third year in a row, thanks in large part to the work of its...more
"This research pushed me outside my comfort zone and forced me to interact first-hand with hard truths about what social media is being used for in the modern day," Daisy Rehbock writes in her...more
Quebec City's Mus ? 'e des beaux-arts du Qu'bec museum is getting a major boost from a single man. Michael Audain, chairman of the Jean Paul Riopelle Foundation, has pledged $10 million toward...more
It's not every day that a Rhode Island hospital hosts a prom for its teen patients, but that's exactly what happened at Hasbro Children's Hospital in Providence on Friday, the Providence Journal...more
Grace Reynolds, 17, sang "Landslide" in the style of Fleetwood Mac, while 11-year-old Rylee Campbell performed "Once Upon a December" in the style of Liz Callaway, but it was Reynolds who took home...more
Margherita Therese Pappas was a singer and actor who performed in New York City, San Francisco, Amherst, and elsewhere before settling in Maui with her husband of 18 years, Miguel Sobel. Now...more
Art News from...
Gates Foundation
Whitefish Community Foundation
Community Foundation of Greater Lafayette
Community Foundation for Southeast Michigan
Kansas Health Foundation
Self Family Foundation
Pew Charitable Trusts
William Penn Foundation
Ball Brothers Foundation
Polk County Community Foundation
Social Entrepreneurship
Spotlight
Finding a Place in Mainstream Social Enterprise
Nell Derick Debevoise, Founder and CEO of Inspiring Capita, shares what she thinks are the three main ingredients in finding your place in social enterprise.
