article thumbnail

Kataly Foundation and Bank of America Commit $84 Million for Community-Development Fund

The Chronicle of Philanthropy

Prest Getty Images A commitment by Kataly Foundation and Bank of America is supporting the Inclusiv Impact Deposits Fund to enable $100 million in lending through community-development credit unions.

article thumbnail

U. of Chicago Receives $75 Million for the AbbVie Foundation Cancer Pavilion

The Chronicle of Philanthropy

Prest University of Chicago Medicine A rendering of the AbbVie Foundation Cancer Pavilion, expected to open in 2027 following the foundation’s $75 million gift to the University of Chicago.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Square Financial Services Launches Grant Initiative to Drive Community Development in Utah

NonProfit PRO

Square Financial Services opened applications for the 24 Squared grant initiative in partnership with the Community Foundation of Utah.

article thumbnail

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. CDCs are dead.

article thumbnail

Community Development Must Center Power Building: A San Francisco Story

NonProfit Quarterly

Image credit: Matt Briney on unsplash.com This is the second article in NPQ ’s series titled Building Power, Fighting Displacement: Stories from Asian Pacific America, coproduced with the National Coalition for Asian Pacific American Community Development ( National CAPACD ).

article thumbnail

Brand Storytelling in a Nutshell: 10 Foundations of Success

Pam Moore

People have been buying from other people, communicating with other people and connecting with other people for years, decades and centuries. It's these common foundations that weave the threads for relationships, trust and community. 10 foundational elements and tips for successful brand storytelling.

article thumbnail

How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

Image Credit: Charlota Blunarova on unsplash.com Private foundations are best known for their grantmaking. However, each year, foundations nationwide invest hundreds of billions, often with the simple goal of maximizing financial returns to fund future grants. At the most basic level, a guarantee is akin to automobile insurance.