The enterprises we invest in and support have often been excluded from access to capital and opportunity. In part, that’s because it is too costly for conventional institutions to meet their needs. We rely on philanthropic support to cover our operating costs so that we can help restore wealth and well-being to communities of color in Eastern Massachusetts.
To address the structural conditions that give rise to our unequal economy, we engage in field-building initiatives that challenge conventional beliefs about ownership, competition, profit-making and control—and advance fresh perspectives on democratizing investment, strengthening relationships and building solidarity. Program grants support these initiatives.
A small amount of grant capital can go a long way when it comes to impact investing. The Boston Impact Initiative Fund leverages a grant dollar almost tenfold and accelerates the flow of investment capital to entrepreneurs who are making Boston’s economy more equitable and inclusive.