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Chicago Innovation Exchange announces six finalists for grant

April 9, 2015 5:00 pm Published by

Depending on the number of teams selected and the financial demands of each project, the funding allocated to each team will vary, said Innovation Fund Associate Director of Marketing Nikki Kidd in a phone call.

The Innovation Fund’s Spring 2015 finalists are Dharma Humanitarian Solutions, Inscites, Litmus Health, Therapeutic Human Exosomes, Urban Center for Computation and Data, and 3F4AP (Multiple Sclerosis Diagnostic Tracer).

The finalists will give final presentations in June, after which the Fund’s Advisory Committee will select the winning teams based on their potential to succeed, according to Kidd.

FOUNDATION SPOTLIGHT: Salvation Army Moreno Valley Corps Community Center

April 9, 2015 5:00 pm Published by

FOUNDATION SPOTLIGHT: Salvation Army Moreno Valley Corps Community Center – Press Enterprise

The Salvation Army continues a 125 year international tradition of helping those in need get to back on their feet after a crisis with the relatively new Moreno Valley Corps Community Center.

The Moreno Valley Corps Community Center was founded 15 years ago and has been under the direction of Captains Julius and Shannon Murphy for the last seven years. Two years ago, the corps began reaching out to the community of Banning where many individuals do not have the transportation to reach food distribution. They hope to expand to Perris soon as well.

Beyond food distribution, corps offers services to help community members and their children move forward with their lives. Recently the Moreno Valley Corps received a grant from The Community Foundation. Time is a precious commodity and we are grateful for our volunteers.”

While the Salvation Army is a well-known nonprofit organization, Murphy also notes that he hopes more of the community will discover the services they offer, especially those in need. “Changing lives and transforming lives, that is the most important thing we do.”

For more information about Moreno Valley Corps Community Center and their services and programming visit www.sandiego.salvationarmy.org/sierra_del_mar/morenovalley or call 951-653-9131.

The Community Foundation’s mission is to strengthen Inland Southern California through philanthropy.

The NCRP Impact Awards: Questions about the Blue Shield of California Foundation

April 9, 2015 5:00 pm Published by

In fact, the Blue Shield of California Foundation, if it were simply the foundation by itself, would merit the award as much as any in the country for its unparalleled commitment to domestic violence issues. A keyword search on the Foundation Directory Online of grants involving domestic violence issues puts Blue Shield of California Foundation at the top in terms of number of grants (1009), more than twice as many as the Avon Foundation for Women, which also does impressive DV grantmaking. That seemed to evolve and deepen into a foundation commitment to veterans’ health issues more broadly, as we wrote in 2013 about a Council on Foundations panel on veterans funding issues and in 2014 about the Blue Shield Foundation’s leadership role in helping get $174 million in foundation commitments to the Joining Forces initiative of Michelle Obama and Jill Biden.

After a long, in-depth audit of the Blue Shield of California conducted by the California Franchise Tax Board, the state pulled Blue Shield’s tax-exempt status late last summer The audit had been in the works for a long time, with plenty of coverage of weaknesses in Blue Shield’s track record as a health insurer, but the state made its decision to nix Blue Shield as a nonprofit last August, though the news of the decision only eked out this spring. He is leading a campaign to compel Blue Shield to turn over the value of its formerly tax-exempt assets, which he says runs to $10 billion, to public healthcare programs, potentially even to and through the Blue Shield of California Foundation itself. The implication of Johnson’s charge is that the Blue Shield of California Foundation, which in calendar year 2013 received $37.5 million from the parent company and paid out $38.5 million in grants, some of which involving grants committed in previous years, and approved another $4.9 million in future grant spending, is hardly an adequate philanthropic counterbalance to Blue Shield of California’s immense assets and inadequate social welfare benefits.

Lake Hopatcong Foundation wins BoatUS Grassroots Grants worth $7500

April 9, 2015 5:00 pm Published by

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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.




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Edited by: Michael Saunders

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