ShoreBank Corporation Grant



Organization - ShoreBank Corporation
Grant Amount - $997,500
Foundation - Mott Foundation
Grant Purpose - ShoreBank Corporation is launching a $51,750,000 common equity fundraising effort to dramatically increase the scale and impact of its work that benefits low-income and other underserved communities by stimulating economic opportunity. This program-related investment will allow the Mott Foundation to purchase 133 shares of common stock, (2.66 Investment Units), 67 of which will have voting rights, at a cost of $997,500. This investment is being made because of ShoreBank Corporation's enviable track record of stimulating economic opportunity for low-income people.


Similar Grants

Civic Initiatives - $120,000 from the Mott Foundation - The program goal is to nurture and strengthen democratization and good governance in Serbia by increasing public -- and especially youth -- participation in decisionmaking processes at all levels. To this end, Civic Initiatives will work to...

NGO School - $128,000 from the Mott Foundation - The program goal is to involve more Russian citizens in supporting nonprofit organizations by improving their capacity to collect private donations and develop supportive constituencies. Building on its successful staging of a certified...

Brandeis University - $68,362 from the Mott Foundation - This grant will enable Brandeis University's Institute on Assets and Social Policy to conduct an external evaluation of asset-building grantmaking activities under the Mott Foundation's Income Security portfolio between 2000 and 2007. ...

Socia - Social Reform Foundation - $500,000 from the Mott Foundation - The program goal is to strengthen the financial sustainability of a leading Slovak foundation whose mission is to support systemic reforms of social service provision, increase the quality of life of socially disadvantaged groups, and strengthen...

VIA Foundation - $600,000 from the Mott Foundation - The program goal is to strengthen the financial sustainability of a leading Czech foundation whose mission is to promote and strengthen civil society in the Czech Republic. To this end, VIA Foundation will run an endowment-building program to raise...

Recent News from Mott Foundation


Namibia: Bank Windhoek Introduces Credit Scheme for Schumacher Bonsmara Auction

Bank Windhoek's Head of Corporate Social Investment, Sponsorship, and Events, Bronwyn Moody, said the Bank is delighted to have developed...more

Student-led investment group bails out beloved coffee shop in Downtown Eastside

Alex Doonanco, a second-year UBC student and fund manager at VSVF, calls impact investing the “middle ground” between philanthropy...more

Delivering transformational change: It pays to put your money into stocks that have a positive impact

As an investment approach, impact investing (a term first coined in 2007) aims to generate positive social or environmental effects - alongside...more

What is earning season and how does it impact investing?

There are many factors that can affect your investments, which can include global economies, political unrest and events that take place in...more

Mutual Fund Corner: Experts discuss difference between ESG and impact investing

Environmental, Social and Governance (ESG) and impact investing strategies are booming right now. In this episode of MF Corner, Swarup...more

Green Bond Fund Presents Avenue for Canadian Investors to Join Global Transition to Net Zero

VANCOUVER, BC, June 17, 2021 /CNW/ - Genus Capital Management, an Impact Investing Asset Manager based in Vancouver has launched one...more

Eyes on the ball: Managers should not compromise quality impact investments for short-term rewards

Deep Dive into impact investing · Share · The emergence of the EU Sustainable Finance Disclosure Regulation (SFDR) has led to an increased focus...more

Schroders and Blue Orchard debut EM climate impact fund

Clients globally excluding the US will benefit from BlueOrchard's renowned impact investment expertise, combined with ... of many impact initiatives and networks, such as the influential Global...more

EUR 4.1bn financing approved to boost clean energy investment, COVID recovery

The Board of Directors of the EIB, meeting today via video conference, approved new financing to support high-impact investment across Europe...more

UBP on Impact investing in emerging markets post COVID-19

2020 has been a real stress test for impact investors in terms of balancing impact and financial returns. The pandemic led to a near...more

Social Enterprise Network Sites


Cause Artist lists down the five health startups that are changing people’s views about health and wellness. These startups made use of their creative juices, and with tech know-how, have developed solutions to solve some of the world’s most complex health issues.




Social Services Jobs in Virginia

  Human Services Jobs
  Executive Director Jobs
  Social Services Employment
  Social Services Jobs
  Social Work Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2021 Copyright Michael Saunders