New Fund: Just Transition Integrated Capital Fund
Submitted by Jaime Sharp on October 10, 2023
From Justice Funders: A new model for philanthropy, the Just Transition Integrated Capital Fund offers foundations a learning vehicle to move endowed assets to BIPOC and working class controlled funds and grassroots projects through non-extractive financing in the form of 0% loans and catalytic grants.
The Just Transition Integrated Capital Fund (JTIC Fund) operationalizes the Just Transition Investment Framework in the form of a democratically controlled integrated capital fund governed by five democratically controlled investment funds stewarded by movement partners.
The guiding values of the JTIC Fund are local community control, non-extractive finance and right relationships, rematriation, and reparations.