September 8, 2008: Santa Barbara News Press
WEV receives $170,000 grant from Weingart Foundation
Interview with Marsha Bailey, WEV CEO & Founder
Women’s Economic Ventures has received an award totaling $170,000 from the Weingart Foundation, which provides funds to organizations in areas of health, human services and education. This specific grant will finance the fund development director position.
“We are grateful to the Weingart Foundation for understanding that, like any business, a nonprofit needs investment to grow,” said Marsha Bailey, CEO and founder of Women’s Economic Ventures, in a press release. “Weingart Foundation’s investment in WEV will enable us to raise more money to serve more clients and produce a more profound impact on the individuals and the communities we serve.”
WEV provides self-employment training, technical assistance and microloans primarily to low-income women.