3 min read
As the David and Lucile Packard Foundation deepens its commitment to justice and equity in the United States, we are taking a hard look at how our Foundation can use mission investments – loans and equity investments – to advance racial equity by making capital available to communities of color who have long been denied it. I … Continued
As part of the Packard Foundation’s commitment to act quickly to support our partners, the communities in which we live and work, and those hit hardest by COVID-19, we are working with our mission investment partners to help organizations addressing the pandemic seize time-sensitive opportunities and funding. The Foundation’s COVID-19 response includes a new $3 million mission investment to the Rural Community Assistance Corporation to help procure federal COVID-19 Paycheck Protection Program (PPP) funding for small businesses and nonprofit organizations that otherwise would not have … Continued
2 min read
This message was shared with the Packard Foundation’s Mission Investing partners on March 20, 2020. To Our Mission Investing Partners, The rapid spread of COVID-19 has created a global health and economic crisis that is testing every one of us. We know that the shocks of this temporary “new normal” are severe and unanticipated for … Continued
Terra Silva to accelerate climate-smart practices in tropical forests worldwide The David and Lucile Packard Foundation and the John D. and Catherine T. MacArthur Foundation today announced the launch of Terra Silva, a $90 million impact investing collaborative designed to respond to the challenges of global climate change. Terra Silva will make investments focused on … Continued
Jeff Sunshine
6 min read
For the past seven years, the Packard Foundation helped build and has continued to invest in Educare California at Silicon Valley (Educare SV). In doing so, we have sought to serve young children and their families in East San Jose, and to offer a beacon of high-quality early learning for the region. Experts across the … Continued
A key attribute of the San Francisco Bay Area is that redwood forests and beautiful coastline are mere miles from urban centers. Yet for many kids growing up in the region’s impoverished neighborhoods, the natural landscape is out of reach. Recognizing that low-income students often miss out on outdoor learning opportunities, two teachers launched an … Continued
In Nigeria, one of the key challenges faced by families working to pull themselves out of poverty is access to credit; women, in particular, often lack resources or access to knowledge to improve income at the household level. In real terms, credit offers the ability to buy the tools and supplies that support a farm … Continued
