https://medium.com/media/eb41009a46819b10cf3eade040db7b6e/href The need for a new strategy for raising living standards for poor Americans was the catalyst for the F.B. Heron Foundation to go “all-in” for impact. The mid-sized foundation is in the process of aligning all of its $300 million in assets with its mission of helping people and communities help themselves out of poverty.
This week in impact investing: mobile ad platform Jana raises $57 million to expand free internet services; Social Finance launches a South Carolina social impact bond for mothers and children; a fund in the UK offers tax relief along with an expected 8 percent return; and more! Jana raises $57 million to expand free internet service.
This week: The investment winds are blowing for both small- and large-scale wind deals; the Kresge Foundation pledges $20 million to early childhood education in Detroit; and mom-and-pop shops in Peru and Venezuela may have more access to working capital to expand their businesses. Big Investment in small-scale wind. United Wind has received $200 million