Friday, March 18, 2005

Skoll Foundation Awards $9.5 Million to Nonprofits Around the World in Support of Social Entrepreneurship

Skoll Foundation Awards $9.5 Million to Nonprofits Around the World in Support of Social Entrepreneurship: "Skoll Foundation Awards $9.5 Million to Nonprofits Around the World in Support of Social Entrepreneurship


PALO ALTO, Calif., March 17 /PRNewswire/ -- The Skoll Foundation announced today that it has awarded nearly $9.5 million to 22 organizations that support social entrepreneurs using innovative approaches to address social issues in communities around the world or help build the social sector's infrastructure and effectiveness.

Thirteen of the organizations are receiving $7.3 million in Skoll Awards for Social Entrepreneurship (SASE) through an open competitive process that identifies social entrepreneurs who have piloted innovative programs and are ready to take the next steps toward systemic social change. In addition, the foundation is renewing its support of the Bayview Hunters Point Center for Arts and Technology in the amount of $400,000."

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