Pace Able Foundation: Grants for Global Development

OVERVIEW: The Pace Able Foundation supports global development organizations that focus on financial inclusion and technology.

IP TAKE: While this funder does not place geographic restrictions on its funding, it appears to prioritize organizations working in least developed countries around the world.

PROFILE: Established by former Silicon Valley executives Bart Burstein and Leslie White, the Pace Able Foundation seeks organizations “[s]triving to create a world in which people have what they need and where economic, educational and health disparities are diminished.” Pace Able focuses its funding on improving health, economic status and educational outcomes. The foundation geographically restricts its educational grants to the San Francisco Bay Area.

In the global development space, Pace Able invests in organizations that focus on financial inclusion and agricultural technology. Financial inclusion grants support innovative mobile money and banking solutions that benefit small business owners and farmers. The foundation awards its agricultural technology grants to organizations improving farmers’ productivity and profitability.

Grants range from $20,000 to $40,000. Past global development grantees include Root Capital, which received a grant for its work with farmers in regions of the world faced with environmental vulnerability and unmet financial need; and Mnandi Africa, an organization that helps impoverished women living in rural Africa. To learn select Pace Able grantees, explore its Who We Fund page.

The Pace Able Foundation does not accept unsolicited grant applications or requests for funding.

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