New Augusta fund seeks to aid groups helping children, seeking to end poverty
Allan Soto and Vinea Capital have always tried to do well by serving others, particularly adults with developmental disabilities and underserved children. But he knows there are others out there doing similar work, and he would like to support them as well through a new fund.
Soto is starting the Vinea Fund to give away $250,000 a year and organizations can make applications for grants for at least $100,000 of that in two rounds this year. Nonprofits can apply through March 31 for the first round, which will be awarded April 4, with a second round of applications beginning Aug. 1.