Power California

The Endowment intends to use the net proceeds of the social bond to advance racial justice and health equity in California.

In response to the COVID-19 global pandemic and its adverse effects on nonprofits, along with our nation’s recent awakening to racial injustice, The Endowment seeks to substantially increase the impact of its grantmaking in the coming years by providing new, dedicated support for the infrastructure and institutional needs of grantee organizations seeking transformational changes in health, public education, criminal justice, and community development systems and policies (the “Opportunity Investments”).

Download the Social Bond Framework Report

Initial Investments

Initial grants have been issued to seven collaborative efforts – including:

CRLA Foundation $3,500,000
Possibility Labs $2,000,000
SPINX Digital $397,440
CSB Consulting $175,000
KEL Advising $65,000