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Find similar grantsImpact Investing Program is sponsored by Rhode Island Foundation. This opportunity supports mission-aligned projects and measurable outcomes.
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RI Foundation | Impact Investing Building Rhode Island’s Future Together While traditional philanthropy operates on a model of giving - distributing grants to nonprofits without expectation of financial return - impact investing takes a different approach.
Impact investing is the practice of investing in companies, nonprofit organizations, and managed funds, with the intention to generate measurable social and environmental impact, alongside a financial return. These investments may be structured as loans, lines of credit, guarantees, or equity stakes.
Formally established in 2017, the Foundation’s Impact Investing program encompasses over 20 strategic investments, deploying over $20 million in shared capital and touching virtually every sector of Rhode Island's economy. These investments have helped create essential infrastructure, facilitated additional community investment, and supported hundreds of affordable housing units.
Families throughout Rhode Island have improved access to healthcare services and nutritious food, small businesses in underserved communities have found pathways to growth, and environmental initiatives are creating a more sustainable future for our state.
Learn more about the Early-Stage Capital Program which provides Lines of Credit to Nonprofit Housing Developers Addressing our state’s most pressing needs Farm Fresh Rhode Island, Horizon Pharmacy, The UCAP School, One Neighborhood Builders. These are just a few of the Foundation’s impact investments to date.
Learn more about how capital creates change If your organization has a local project yielding meaningful, sustainable impact for Rhode Islanders, we want to hear from you. Eligibility + Application Interested in learning more? The Foundation's Impact Investing program welcomes partners who share our vision for a more equitable, vibrant Rhode Island, where everyone has an opportunity to thrive.
Organizations interested in learning more about the Foundation's impact investing work may contact Ricky Bogert, Director, Impact Investing & Housing, at (401) 427-4011, or via email at rbogert@rifoundation. org . Donors interested in partnering with the Foundation may contact Lisa Roth Blackman, Vice President of Development, at (401) 427-4025, or via email at lrblackman@rifoundation.
org .
According to the current listing, eligibility includes: Rhode Island organizations with a strong operational history, operating surpluses, competent governance, and proven social outcomes. Confirm the full requirements in the official notice before applying.
The current listing shows $200,000 - $2,000,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Impact Investing Program is funded by Rhode Island Foundation. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Rhode Island. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.