Rhode Island Foundation Impact Investing Initiative, Entrepreneurial Innovation Fellowship
The Rhode Island Foundation has embarked on an impact investing initiative to invest 5% of the endowment in ventures that have measurable social impact as well as financial return. Projects will be local and place-based, and will yield a direct impact for Rhode Island, primarily in strategic initiative areas: educational success, healthy lives, and economic security.
The Providence Journal recently highlighted the ways that the Foundation’s initiative: Learn more in the Journal.
The Rhode Island Foundation is also seeking applications for the Carter Fellowship for Entrepreneurial Innovation, made possible through the vision and generosity of philanthropists Letitia and the late John Carter, designed to stimulate solutions to Rhode Island challenges. Fellows will receive up to $200,000 over four years to test and implement innovative ideas that could dramatically improve an area of life in Rhode Island. Up to three Fellows are selected annually.