The Souls Grown Deep Foundation is committing $1 million to impact investing as part of Upstart 2.0.

“This $1 million commitment will put our endowment funds to work in support of racial and social justice, jobs, community development, and economic opportunities in the regions that gave rise to artists represented in our Foundation. As cultural institutions grapple with misgivings about sources of philanthropy, our board decided that it’s not just where we provide support, but how and with whom we invest that matters.”

– Dr. Maxwell L. Anderson, president of Souls Grown Deep

Read all about it:

Souls Grown Deep Foundation to invest $1 million in artists’ hometowns in the U.S. south

Can Arts Organizations Do a Public Good
Simply by Investing Their Money Differently?
One Foundation Is Trying to Find Out

Read

Barron’s: Future Returns: Upstart Co-Lab to Create Inclusive Creative Economy Fund

Forbes: Upstart Co-Lab Aims To Create A $100 Million Portfolio Of Creative Economy Funds, Companies

The New York Times: A Push to Invest in the Arts Grows Stronger

Forbes: Amid This Year’s Struggle, New And Tougher Companies Are Born In The $900M Creative Economy

Monocle: Worthy Investment

Financial Times: Museums should lead in socially responsible investing

Pioneers Post: Global coalition explores ideas for new impact investment fund to back creative enterprises

ImpactAlpha: Building a personal portfolio of impact investments in the creative economy

Fast Company: Why Impact Investing Funds Need To Invest In Creativity

Stanford Social Innovation Review: Capital for Creativity

The New York Times: Investing in Creativity, and in the Greater Good

Real Leaders: The Innovator Connecting Impact Investing to The Creative Economy

Barron’s: Investing in the Creative Economy is a Boon to Artists and Communities

ImpactAlpha: Investments in the creative economy will help drive an inclusive COVID recovery

Real Leaders: The Power of Art, Design, Culture, Heritage and Creativity

The Art Newspaper: How museums can ethically invest their money

GenderSmart Investing: Is Impact Investing Repeating The Mistakes Of Investing? The Solution Is A Creative One

ImpactAlpha: Investment opportunities in expanding access and ownership in the creator economy

McKinsey & Company: How an alum is disrupting funding for creativity and culture