The Catalytic Capital Consortium (C3), a partnership between MacArthur, The Rockefeller Foundation, and Omidyar Network, announced that its grantmaking program has awarded $1.2 million in grants to a group of leading impact investing networks. The funding will help increase the knowledge, awareness, and use of catalytic capital among a diverse set of investors globally, with a focus on identifying and spreading best practices.
C3 is a global initiative to help the impact investment field realize its full potential to create inclusive growth, achieve equity, improve health, fight climate change, and reach the United Nations’ Sustainable Development Goals. …
Today we announced new Equitable Recovery grants aimed at advancing racial and ethnic justice. Funded by MacArthur’s social bonds, they were issued in response to the crises of the pandemic and racial inequity and center on four things:
Here’s how (some of) social media reacted to the announcement, with special attention to the grantees on the front lines of this critical work:
Grants support an equitable recovery from the pandemic and combat anti-Blackness, uplift Indigenous Peoples, and improve public health equity.
MacArthur today announced roughly $80 million in grants centered on advancing racial and ethnic justice. The Equitable Recovery grants are funded by MacArthur’s social bonds, issued in response to the crises of the pandemic and racial inequity.
“As we emerge from this moment of crisis, we have an opportunity to improve the critical systems that people and places need to thrive. Our systems and structures must be rebuilt,” said MacArthur President John Palfrey. …
Forty of Chicago’s Black, Indigenous, and People of Color (BIPOC)-led and BIPOC-focused arts organizations will receive $14.4 million in grants from Chicago’s Cultural Treasures. A four-year initiative to support the city’s diverse arts and culture community, Chicago’s Cultural Treasures selected the recipients through a participatory and community-led grantmaking process. All of these organizations are committed to creating, preserving, and disseminating art stemming from BIPOC traditions, leadership, and culture and contribute to the history and vibrancy of greater Chicago.
Awards range from $140,000 to $575,000. Funders of the initiative include the Ford Foundation, MacKenzie Scott, and Chicago-based funders, including the MacArthur Foundation, Joyce Foundation, Polk Bros Foundation, Terra Foundation for American Art, and Walder Foundation.
Join us on Wednesday, July 28 to hear from MacArthur President Palfrey.
In his first address to the City Club of Chicago audience, he will speak about supporting an equitable recovery in Chicago, and our work to reinvent systems to create more resilient, inclusive communities.
This virtual program is offered free of charge, register here.
What a difference a year (or so) makes. Today in the United States, COVID-19 vaccines are widely available, and a return to full capacity events, indoors and outdoors, with relaxed mask restrictions, is the new normal. Many of us are settling getting back to activities that we used to enjoy before the pandemic upended many of our routines.
Is the pandemic nearly over? And if not, when can we expect it to be?
This week Nikole Hannah-Jones and Ta-Nehisi Coates joined Howard University.
In case you missed it this week, Howard University announced that MacArthur Fellows Nikole Hannah-Jones and Ta-Nehisi Coates will join the Howard University faculty, and Hannah-Jones will also found the Center for Journalism and Democracy, which will focus on training and supporting aspiring journalists.
The appointments are supported by $20 million donated by the MacArthur, Knight, and Ford foundations, as well as by an anonymous donor, to support Howard’s continued education of and investment in Black journalists.
Here is how (some of) the social media world reacted to the announcement:
Community organizing funders deliver urgent aid to address racial inequities in Chicago for the long term in the Racial Justice Pooled Fund.
Black Lives Matter had been working for racial justice for seven years when two events coincided in 2020, making it clear that greater support was needed to help fund the movement.
First was the COVID-19 pandemic that exposed entrenched racial disparities in healthcare, wealth, employment, and housing. Then, in May of 2020, a White Minneapolis police officer murdered George Floyd, a Black man.
Calls for meaningful action resonated across the globe.
From a new lion habitat, to a celebration of graphic novels, a rundown of what’s new in Chicago’s arts and culture scene:
MacArthur has joined with peers in philanthropy and the public sector to support the Community Violence Intervention Collaborative to strengthen and scale community-led violence interventions in 15 cities, including Chicago. The effort is rooted in racial justice and equity to support communities and strengthen lasting community violence intervention infrastructure. This collaboration will scale and pilot proven and promising strategies to reduce violence and reimagine public safety with pooled resources over 18 months. Together with our peers, we hope to learn from the collaborative and work towards collective healing and support a movement for social justice.
We support creative people and effective institutions committed to building a more just, verdant, and peaceful world. ⚖🌿☮🌎