Invest Atlanta and the Community Foundation for Greater Atlanta announced new philanthropic grants from Wells Fargo and the Wells Fargo Foundation to support small business growth and housing stability across metro Atlanta.
Employees from the Arrow Electronics office in Neu-Isenburg, Germany recently volunteered their time at local food bank Speisekammer. For several weeks, Arrow employees helped food bank staff transport, unpack and dispense food to the low-income families who utilize Speisekammer’s services.
CITGO Petroleum Corporation, along with its Marketers and Retailers, raised more than $65,000 in 2017 through the installation of “Spirit Pumps” at participating CITGO stations across 29 states.
There are millions of charitable nongovernmental organizations (NGOs) around the world addressing untold numbers of critical issues that keep communities from flourishing. So, why did FedEx designate one of its five philanthropic focus areas to be centered on road safety?
January is National Mentoring Month, a month dedicated to promoting and encouraging youth mentoring across the country. We know that when mentors connect to young people, both are changed for the better. In fact, more than one in three students at risk of not graduating from high school grow up without an adult mentor in their life.
All-stars Robinson Cano, of the Seattle Mariners, and Miguel Sano, of the Minnesota Twins, recently visited 16 impoverished Dominican Republic communities where they distributed thousands of toys to children. It was the fourth straight season that Cano, along with his RC22 Foundation, has collaborated on a tour with Medicines for Humanity, a non-profit organization that partners with the Players Trust to provide critically needed health services to at risk children and pregnant women in “batey” communities, which are remote villages that developed around now largely abandoned sugar plantations and have never had adequate infrastructure or health services.
CITGO Petroleum Corporation is donating up to $6 Million to Rebuilding Together Houston with an immediate goal of repairing up to 300 homes in Houston.
Our oceans program, like all of our work at Bloomberg Philanthropies, aims to ensure better, longer lives for the greatest number of people. So it’s good news that the United Nations International Coral Reef Initiative has declared 2018 the International Year of the Reef. Coral reefs are home to one in every four fish in the ocean, and are a critical backbone of ocean ecosystems. Unfortunately, climate change threatens to destroy 90 percent of reefs in the next three decades.
Citi Community Development, the City of New York, and National Disability Institute (NDI) announced the launch of Empowered Cities (www.empoweredcities.com), a new national initiative enabling municipalities to expand financial empowerment and economic inclusion for people living with disabilities and their families.
KeyBank Community Development Lending & Investment (CDLI) has provided a $3 million construction loan with 9% LIHTC financing for the acquisition and rehabilitation of Peterson Park, an existing 39-unit USDA Rural Development affordable housing property, located in Ammon, ID, that will add one additional unit upon renovation. The property is comprised of five, two-story buildings, with units reserved for tenants earning between 30-60% area median income (AMI). The project will benefit from a Rental Assistance Contract for all 40 units.
KeyBank Community Development Lending & Investment (CDLI) has provided an $8.5 million construction loan and $10.5 million in 9% LIHTC equity for the development of Renton Commons, a 48-unit affordable housing project with 36 units of permanent supportive housing, located in Renton, WA.
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