Remove Community Development Remove Foundations Remove Governance
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

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

??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 Supported by five national foundations— JPB , Knight , Kresge , Rockefeller , and William Penn —each city received $4 million from the funder collaborative.

article thumbnail

Making Policy Work for Rural Communities: The Value of Community Voice

NonProfit Quarterly

Coproduced by Partners for Rural Transformation, a coalition of six regional community development financial institutions, and NPQ , authors highlight efforts to address multi-generational poverty in Appalachia, the rural West, Indian Country, South Texas, and the Mississippi Delta.

Values 130
article thumbnail

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. To date, discussion on mission-aligned investing has largely focused on wealthy foundations and endowed institutions, but over half of all charitable organizations have total assets of less than $1 million.

article thumbnail

A Social Movement Requires Momentum

Stanford Social Innovation Review

Corporations and institutional philanthropy began issuing passionate statements about “meeting the moment” and “showing up” in communities in ways that they hadn’t done before, making financial commitments that now total $340 billion. Heron Foundation offers an example of 100 percent impact endowment alignment.

article thumbnail

Helping Movements Meet the Moment: What Philanthropy Can and Must Do

NonProfit Quarterly

While we don’t believe philanthropy alone will be sufficient to address the many crises we face, we think there are many steps foundations can and must take to help even the odds for social movement organizations. As a result, the North Star for both organizing and giving needs to be enhancing governing power. Their main finding?