PLUS: $100m MacArthur grant to end homelessness; Dutch VC fund backs digital-only fashion house; ImpactAssets custom investments surge; new pooled fund for southeast Asia; Resonance's launchpad loan for mums' mental health; and more.

Participatory funding puts decisions into the hands of those most affected by the money. It's a massive shift – but one that could make philanthropy and impact investing more open, transparent and community-driven.

PLUS: Scotland’s £30m Third Sector Growth Fund; Ford Foundation seeds Black Feminist Fund with £15m; Big Issue Invest backs Sport England; Neighbourly raises £3m; National Academy for Social Prescribing funds 37 projects; and more.

Major printmaking facility and arts charity Edinburgh Printmakers set to expand community services, including growing education programmes and providing new residencies for artists.

Commitment from Singapore's state-backed investment company to Australia-based impact investment group LeapFrog claims to be “the largest ever single commitment to an impact investor”.

PLUS: Resonance makes raft of SITR investments ahead of crunch time for relief scheme; first impact fund for French investment firm Founders Future; Dutch social impact bond repays investors; new Conduit EIS Impact Fund; and more.

This year’s ImpactAssets 50 list, a global database of impact investment fund managers, also reflects a soaring impact investment market and a growing focus on communities and marginalised groups.

New case study-based research on “investing for impact” in Latin America and the Caribbean aims to spark more innovative investments with a greater capacity for risk in the region.