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Locus Impact Investing, in partnership with the Center for Rural Entrepreneurship unveiled eye-popping figures this month, showing the $9 trillion is expected to transfer from Americans' estates over the next decade. This article by the Chronicle of Philanthropy shows how just capturing five percent of this transfer for philanthropy would yield the equivalent of ten Gate's Foundations.
Leading CDFI Virginia Community Capital and nationally recognized Center for Rural Entrepreneurship today announced the launch of LOCUS Impact Investing, a new social enterprise to empower place-focused foundations to invest their capital locally to build prosperous, vibrant communities.
The Center for Rural Entrepreneurship and Virginia Community Capital announce a new national initiative focused on local investing for impact.