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.
Students in the Texarkana, Ark., school district will get a boost in science, technology, engineering, arts, and mathematics thanks to a nearly $13 million grant from the US Department of...more
"Adventure" is the theme for this summer's Summer Reading programs in Pawhuska, Okla., and a local Boy Scout troop took that to heart. On Wednesday, May 22, members of Boy Scout Troop 43 visited...more
The National Endowment for the Arts has awarded $2,710,300 to 35 Ohio arts organizations, including $40,000 to the Cleveland Baroque Orchestra. The grants, one of the largest in the agency's...more
"What does a theater festival that has Jaboukie Young-White, Milo Rau, a set by Billie Eilish and Steve Lacy, and a new show with Ayo Edebiri and Paul Mescal look like? I'm not sure, but I'm excited...more
Marissa Feinberg is a PR and branding expert known for her work in the fields of social design, coworking, and psychedelic therapy, but she's now found herself in the spotlight for something else...more
An ex-beauty queen in Nigeria is putting her money where her mouth is. Tomi Lydia Salami, a social entrepreneur and former beauty queen, is holding an environmental awareness convention for high...more
The nation's oldest bell tower is playing patriotic music all weekend long in honor of Memorial Day. The Mahanay Memorial Carillon Tower in Jefferson, Pa., will play digital patriotic music from...more
"For 150 years, higher education has been really admired and frankly critical to American democracy," University of Pennsylvania professor and vice provost for global initiatives Ezekiel Emanuel...more
The Delaware beach town of Bethany Beach is hosting its first-ever Cellofest this weekend, a series of free events featuring renowned cellist Jennifer Kloetzel and unusual cellos by Erica Lessie,...more
"There are only so many works we can produce," saysliana de la Guardia, executive director of Boston's Guerilla Opera. "Yet, there is still a need in the community to gather and develop...more
Social Entrepreneurship
Spotlight
Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
