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What Is a Community Development Corporation?

NonProfit Quarterly

Image credit: coffeekai on istock.com Community is one of humanity’s great achievements. Yet community development corporations , a $28 billion sector of over 6,200 nonprofits that support local community economic development, are largely invisible in the national conversation.

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. From inception, the pool was centered on community development financing activities and emphasized racial, gender, and economic equity.

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??How Community-Based Public Space Can Build Civic Trust: Lessons from Akron

NonProfit Quarterly

Many times, government and nonprofit representatives had come to Starleen’s Summit Lake neighborhood and indicated that things were going to improve, but not much ever came of it. “My All these popular amenities and activities were conceived and constructed in close collaboration with residents. My first thought was, ‘Here we go.

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How to Align Assets with Mission: Small Steps That Nonprofits Can Take

NonProfit Quarterly

A salient example is of organizations that are focused on community development but invest in mass incarceration. Liquidity policies help organizations understand the resources needed to carry out ongoing operating activities, but even liquid assets can be managed with an eye towards mission.

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How to Interrupt the Public Funds to Private Profits Pipeline: A California Story

NonProfit Quarterly

This happens daily when local governments park public funds in banks. Today, our communities face multiple challengesranging from accelerating climate change to growing income inequality, from refugee crises to housing crises, and from basic food access to self-serving financial systems. It turns out, quite a lot.

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A Call To Action For Nonprofit Board Members

Bloomerang

Nonprofit organizations play a pivotal role in addressing societal issues, providing essential services, advocacy, and support to those in need, and fostering community development. Engage actively in discussions , offer insights, and contribute to decision-making processes. Talk less and do more.

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A Social Movement Requires Momentum

Stanford Social Innovation Review

What if the tens of thousands of churches currently projected to close in the next few years put their assets into trusts deeply aligned with community development, versus stranding those assets and real estate as they shutter?