Kresge has been a leader in impact investing, especially to people often shut out by financial institutions. Its latest round is investing $14 million in things like renewables, placemaking, and walkability.
An agricultural initiative in Maine is a hopeful and interesting project that’s seizing on a couple of trends in agriculture, nonprofits, and philanthropy.
Traditional grantmaking dollars can only go so far when it comes to tackling climate change. Which is why Packard is keen to help a carbon offset effort that aims to attract large private investments.