New Venture Fund

For The Education Outcomes Fund For Africa And The Middle East

  • Amount
    $250,000
  • Program
  • Date Awarded
    8/5/2019
  • Term
    12 Months
  • Type of Support
    Project
Overview
This project grant will support the Education Outcomes Fund for Africa and the Middle East (EOF), a fiscally sponsored project of the New Venture Fund. The fund aims to pool $1 billion in aid and philanthropic funds to support governments to pay for results in education and youth employment over the next decade. It will partner with the Global Steering Group for Impact Investment and governments across the MEA region to strengthen education systems, harnessing the capacity and capability of nonstate actors to improve the effectiveness of expenditure and help deliver on the promise of quality education for all.
About the Grantee
Address
1201 Connecticut Ave NW, Ste 300
Washington, DC 20036
Grants to this Grantee
for the Oakland Fund for Public Innovation  
The mission of the Oakland Fund for Public Innovation (OFPI), a project housed at the New Venture Fund, is to engage public- and private-sector partners to innovate, test, and scale ideas that will enhance and help improve the city of Oakland. This fund is strategically positioned to leverage the resources and strengths of the public and private sectors to support city priorities. The Hewlett Foundation’s support will help OFPI tackle some of Oakland’s most complex issues of income inequality, housing, employment, and racial equity, with a focus on the most vulnerable communities in the city.
for the Climate and Clean Energy Equity Fund  
The New Venture Fund’s Climate and Clean Energy Equity Fund supports groups in select states and cities working to transition to a clean energy future in ways that promote economic, social, and environmental justice — minimizing risks and maximizing benefits to low-income communities. The Fund’s climate equity framework addresses the need to broaden the base of support for climate action in order to accelerate the pace of change. The Fund will help organizations grow their memberships, strengthen their organizing skills, and build their capacity to advocate for strong clean energy and climate policies. (Substrategy: U.S. National Policy)

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