WASHINGTON, July 21, 2016 /PRNewswire-USNewswire/ -- The Global Good Fund, a social enterprise accelerating the leadership development of high potential young social entrepreneurs tackling the world's greatest issues, has received a $2,200,000 grant from The Diana Davis Spencer Foundation. The largest grant received in The Global Good Fund's history, this transformational investment will allow the organization to facilitate a fellowship track specifically for social entrepreneurs who are committed to creating sustainable careers for the under- and unemployed men and women in the United States who are over 50 years old.
Those accepted to the Diana Davis Spencer Fellowship will take part in a 15-month leadership development program where their impact will be amplified through ongoing access to a personalized social entrepreneur leadership curriculum as well as relationships with elite leadership development consultants and successful business executives who will guide, nurture, and accelerate their growth as individuals and organizational leaders.
Fellows will include social entrepreneurs in the United States dedicated to creating and cultivating job opportunities for individuals over 50 years of age.
"We are excited to embark on this journey with The Diana Davis Spencer Foundation. Their interest in supporting The Global Good Fund's mission is humbling," said Carrie Rich, Co-Founder and CEO of The Global Good Fund. "This moment marks a major inflection point for The Global Good Fund." Diana Davis Spencer, Chairman and President of The Diana Davis Spencer Foundation said, "We have been following The Global Good Fund's progress for more than a year now, watching the organization at work. We share The Global Good Fund's commitment to entrepreneurship as a vehicle for domestic job creation, especially for persons over 50 years of age."
The Global Good Fund is actively seeking 20 U.S.-based social entrepreneurs to become Diana Davis Spencer Foundation Fellows. Applications to this groundbreaking Fellowship are due September 9, 2016 and can be accessed here.
About The Global Good Fund
Founded in 2012, The Global Good Fund invests in high potential leaders committed to social impact through its Fellowship program. Fellows are paired with executives who serve as coaches and are provided with leadership assessment resources, a network of peer leaders, content expertise, and targeted financial capital. The organization launched the 360 MIRROR – the first evidence based leadership assessment for social entrepreneurs and impact driven corporate leaders - which is available to the public, modeled after the tools and services of The Global Good Fund Fellowship.
About The Diana Davis Spencer Foundation
The Diana Davis Spencer Foundation espouses the values upon which our nation was founded: freedom and individual responsibility. The mission of the foundation is to promote national security, entrepreneurship, self-reliance, free enterprise, and to enhance quality of life by supporting the arts, education, global understanding, health advancements, and preservation of the environment. The Diana Davis Spencer Foundation continues a multi-generational history of family philanthropy. It evolved from the Shelby Cullom Davis Foundation, established in 1962, and the Kathryn W. Davis Foundation, established in 2004.
SOURCE The Global Good Fund