Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • Emerging fund managers
  • Committed to closing the racial wealth gap
  • Interested in deploying integrated capital in their communities
  • Seeking to build sustainable and inclusive local economies

Overview

A cohort-based educational program designed to equip emerging fund managers with the skills and knowledge needed to deploy integrated capital effectively, fostering economic and racial justice in their communities.

Geographic Scope: Not specified; appears to serve emerging fund managers broadly

Focus Areas:

  • Integrated capital strategies
  • Impact measurement and management
  • Community engagement and trust-based investment relationships
  • Innovative financing structures (royalty finance, direct public offerings)
  • Economic and racial justice
  • Closing the racial wealth gap

Eligibility:

  • Emerging fund managers
  • Committed to closing the racial wealth gap
  • Interested in deploying integrated capital in their communities
  • Seeking to build sustainable and inclusive local economies

Program Components:

  • Cohort-based collaborative learning
  • Expert-led workshops and case studies
  • Integrated Capital Card Game
  • Mentorship from experienced fund managers and impact investors

Program Duration: Varies by cohort; refer to specific cohort details for exact timelines

Fees: Program fees outlined in application details; scholarships may be available for qualified applicants

Contact Information:

  • Boston Impact Initiative
  • Office: 2225 Washington Street, 2nd Floor, Roxbury, MA 02119
  • Email: info@bostonimpact.org
  • Phone: (617) 702-9132
  • Mailing Address: P.O. Box 300443, Jamaica Plain, MA 02130

How to Apply

Application Process

  1. Submit Application: Complete the online application form with your background and objectives
  2. Interview: Qualified candidates will be invited for an interview to discuss their goals and program fit
  3. Selection: Accepted applicants will receive an offer to join the upcoming cohort

What Boston Impact Initiative Fund actually gave

Source: IRS Form 990, 2022 — the most recent filing with itemized grants

Boston Impact Initiative Fund reported $2,915 in grants for 2024 as a total without an itemized list; the grant details below are from 2022, its most recent itemized filing.

Grants in 2022
2
Total given
$360K
Median grant
$180K
Range
$10K–$350K
  • By dollars: California 97%, Massachusetts 3%. Top recipient cities: San Francisco, CA; Roxbury, MA.

Example grants

  • Rudolph Steiner Foundation Inc · San Francisco, CA

    Grantmaking

    $350K

  • Transformative Culture Project · Roxbury, MA

    Interest forgiveness

    $10K

IRS Form 990, 2022. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • BIPOC
  • Economic services
  • Minority businesses
  • Capacity building

Categories

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