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From Microfinance to Mutual Aid—Moving Resources to People, Not Banks

NonProfit Quarterly

Currently, the model involves 30 active community-based families, 80 percent of which are led by women, and 10 external savers, totaling 40 members, focusing on building local economies that are sustainable and rooted in Indigenous knowledge. My colleague and partner Ignacio Krell and I designed the initial initiative in 2014.

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Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

Stanford Social Innovation Review

The problem is not lack of potential impact; SMEs represent nine out of 10 firms, the biggest employers worldwide, and without helping these firms grow, we cannot create jobs, lift people from poverty, empower women, or innovate solutions for the climate crisis. There are 3.4 Not philanthropy’s problem.

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Building an Economy with Purpose: The Transformative Potential of Baby Bonds

NonProfit Quarterly

The money can be used for key wealth-building activities like education, homeownership, or starting a business. For example, in Saint Paul, MN, the historically Black Rondo neighborhood was virtually destroyed when the federal government built Interstate 94 through the community. This series will explore that central question.

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Lessons from the 2024 Atlantic hurricane season: What philanthropy can do better

Candid

Hardest hit by flooding was the Central Appalachia region, where years of disinvestment by government and philanthropy left the region ill prepared. Their first two grants split $15 million between American Red Cross and Salvation Army for direct activities or subgrants across the six affected states. A third grant provides $7.5

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Local Militias Step into Government Gaps

NonProfit Quarterly

Image Credit: Josiah S on istock.com Founded in March 2009, the Oath Keepers are an anti-government far-right militia group comprising former law enforcement, first responders, and former military who pledge to defend the United States against government tyranny at all costs.

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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

This article introduces a new series, titled Eradicating Rural Poverty: The Power of Cooperation. In 2014, six CDFIs located in regions of rural America beset by persistent poverty formed a coalition to remedy longstanding underinvestment. This article introduces our series Eradicating Rural Poverty: The Power of Cooperation.

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Policies for Housing With Heart

Stanford Social Innovation Review

Parents stitch together childcare from pre-kindergarten programs, after-school activities, and summer camps because there is no single, affordable solution. seniors over 85 live in poverty, only 8 percent who live in multigenerational households live in poverty, a 40 percent reduction. was $1,230 per month.