The California Endowment Announces First Investments from $300-million Social Bond Grants Awarded to CA Organizations Leading Racial Justice and Health Equity Movements
Summary
LOS ANGELES, June 13, 2022 /PRNewswire/ -- The California Endowment (TCE) announced today $30 million in initial investments from the Foundations $300-million social bond. The $30 million in initial grants kickstarts the social bond grantmaking to nonprofit organizations at the forefront of movements to advance racial justice and health equity in California. Through the California Endowments social bond investments, we are doubling down on the good troublemakers, the community organizations, and the pipeline of leaders who are actively tackling our most pressing challenges. to the California Coalition for Substance Abuse and Treatment to support community organizing in to advance health and racial justice efforts across . Headquartered in Downtown Los Angeles, The Endowment has regional offices in Sacramento, Oakland, Fresno and San Diego, with program staff working throughout the state.