Officials from the Coastal Community Foundation of South Carolina stated that they have provided $685,000 to 37 non-profit organizations led and/or served by blacks in the three-county area to support innovation, creativity and fostering increased resilience is in the black community.
Facebook chose the Coastal Community Foundation to provide this opportunity because it intends to promote racial equality in coastal South Carolina through scholarships, grants, advocacy and internal practices, officials said.
According to the foundation, the $1 million Facebook grant also supports four specific initiatives designed to provide more opportunities for black communities and their leaders:
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Dr. Rajiv Shah, the Administrator of the U.S. Agency for International Development (USAID) leads the U.S. government’s efforts to end extreme poverty. He chose to participate in the impact investing conference at the Vatican and met with Pope Francis directly to address world poverty, the future of impact investing, and promotion of resilient, vibrant democratic societies worldwide.