The Austin Community Foundation has $160 million dollars in assets and has made $267 million in grants since its establishment in 1977. In 2006, it took over the ownership and management of Bright Leaf Preserve, a 216-acre nature preserve in west Austin, thus ensuring the asset could benefit the community into perpetuity. To augment its grantmaking, in October 2015 the Austin Community Foundation launched a new $1.5 million Impact Investment Fund that will make 3-5 year investments of up to $250,000 in nonprofits and social enterprises located in Central Texas.
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