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Grants Roundup
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Community Solutions Commits $135 Million Through Large Cities Housing Fund

By  M.J. Prest
July 24, 2024
An apartment  home in Charlotte made available by the Large Cities Housing Fund.
Community Solutions
An apartment home in Charlotte, N.C., made available by the Large Cities Housing Fund.

Here are notable new grant awards compiled by the Chronicle:

Community Solutions

$135 million to its Large Cities Housing Fund, a social-impact, private-equity fund to purchase 2,500 apartment buildings and convert them into permanent housing for homeless people.

To back the effort, Community Solutions used $10 million of the $100 million it received from the John D. and Catherine T. MacArthur Foundation’s 100&Change award in 2021. Other contributors to the fund include the Ford Foundation, the Frances and Benjamin Benenson Foundation, Kaiser Permanente, the Leon Levine Foundation, Truist, UnitedHealth Group, and Wells Fargo, among others.

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Here are notable new grant awards compiled by the Chronicle:

Community Solutions

$135 million to its Large Cities Housing Fund, a social-impact, private-equity fund to purchase 2,500 apartment buildings and convert them into permanent housing for homeless people.

To back the effort, Community Solutions used $10 million of the $100 million it received from the John D. and Catherine T. MacArthur Foundation’s 100&Change award in 2021. Other contributors to the fund include the Ford Foundation, the Frances and Benjamin Benenson Foundation, Kaiser Permanente, the Leon Levine Foundation, Truist, UnitedHealth Group, and Wells Fargo, among others.

Read more about the 100&Change award in the Chronicle.

The Ford and MacArthur foundations are financial supporters of the Chronicle.

Bainum Family Foundation

$100 million over five years to bolster early-childhood education and make access to child care more equitable.

V Foundation for Cancer Research and Dolphins Cancer Challenge

$30 million over 10 years to the Sylvester Comprehensive Cancer Center’s Stuart Scott Memorial Cancer Research Fund to back research on cancer disparities in South Florida.

U.S. Bank Foundation

$11.8 million across 350 nonprofit organizations through its Community Possible program for community-development projects, including expanded access to affordable housing, cultural and recreation opportunities, and economic and work-force development.

National Fish and Wildlife Foundation

$10.2 million through its Conservation Partners Program to help farms and ranches across 14 states adopt agricultural practices that better protect water quality and wildlife habitat.

John S. and James L. Knight Foundation

$6.9 million to the Knight Election Hub to strengthen election news coverage, primarily in swing states, through a collaboration with small news organizations and the Associated Press.

JPMorgan Chase

$6 million commitment to UnidosUS to strengthen its HOME initiative, a national effort to increase opportunities for up to 4 million Latinos to buy their first homes by 2030.

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Arnall Community Funds

$4.2 million to five nonprofit groups in Oklahoma City that offer services to people in the justice- and foster-care systems, and those experiencing homelessness.

The recipients are City Rescue Mission, Oklahomans for Criminal Justice Reform, OKC Metro Alliance, the Oklahoma Mobility Institute, and the STAAR Resources Agency.

AARP

$3.8 million to 343 community-improvement projects that aim to improve accessibility, safety, and social connections for older Americans.

Born This Way Foundation and Cotton On

$3 million to 65 mental-health organizations that serve youths in Australia, Brazil, Hong Kong, Malaysia, New Zealand, Singapore, South Africa, Thailand, United Kingdom, and the United States. Each grantee has received up to $150,000.

Born This Way Foundation was created by the singer Lady Gaga to raise money to support the mental health and well-being of young people. Cotton On is an Australian fashion brand.

National Trust for Historic Preservation

$3 million to protect and preserve 30 sites important in Black history through its African American Cultural Heritage Action Fund.

Metta Fund

$1.9 million to foster social connectedness and a sense of belonging among older people of color in San Francisco.

Daybreak Fund

$1.5 million to 180 newly established organizations in Israel to support displaced families and wounded people, and provide services and resources to Jewish and Arab Israeli communities in need.

Borealis Philanthropy

$1.2 million through its Fund for Trans Generations to bolster 31 organizations with transgender leaders.

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New Grant Opportunity

The AARP Foundation is accepting applications for grants through its Scaling Equitable and Effective Solutions program, which will expand efforts to create financial stability for low-income people over age 50. The foundation expects to make $2 million in grants this year; organizations may apply for multiyear grants worth between $50,000 and $250,000 per year. Priority will go to organizations in areas with high levels of senior poverty. The pre-application deadline is August 14; full applications are due September 25.

Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
Foundation GivingGrant SeekingCorporate Support
M.J. Prest
M.J. Prest has been writing about major gifts, grant making, and executive moves for the Chronicle since 2004.
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