credit: Coady Group

Atlanta-based Souls Grown Deep Community Partnership (SGDCP) has recently announced that it will be committing $1,000,000 to impact investments.

The partnership is the sister organization to Souls Grown Deep Foundation and the funding is part of Upstart 2.0, a new initiative led by Upstart Co-Lab, a project of Rockefeller Philanthropy Advisors.

According to Dr. Maxwell L. Anderson, president of Souls Grown Deep, the $1 million commitment will use the partnership's endowment funds to support of racial and social justice, jobs, community development, and economic opportunities in the regions that gave rise to artists represented in the Foundation.

The investment paves way for Souls Grown Deep's mission to advocate for the African American artists of the South and their communities.

Also, the partnership's commitment marks a new phase in Upstart Co-Lab's growth, Upstart 2.0, which aims to build a community of pioneering impact investors who believe in the power of creativity to make social impact.

Read the Entire Article

Up to the minute current grant news from foundations and the federal government from around the Web.