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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.

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The Next Generation of Mutualism

Stanford Social Innovation Review

In what is now the United States, Benjamin Franklin created the first mutual bank and mutual insurance company in 1752, after a devastating fire destroyed much of Philadelphia. CDFIs should be expanded to include a wider range of mutualists like unions, cooperatives, mutual banks, and mutual insurance companies. million children.

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Putting Homeownership Preservation on Philanthropy’s Agenda

Stanford Social Innovation Review

By Ruth Gao For many families, owning a home is not only a source of pride but also the foundation of financial stability and opportunity that can be passed down through generations. CDFIs act as the economic engines for smaller communities and are already positioned to gather various local actors and tackle issues holistically.

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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. 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.

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Building Infrastructure to Support Equity: A Conversation with Dr. Akilah Watkins

NonProfit Quarterly

Akilah Watkins, who previously led the Center for Community Progress and has been a leader in the CEO Circle, a group of community development leaders of color, became president and CEO of Independent Sector in January 2023. I don’t want that just to stay in community development.

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Organizing a Community Around Food Sovereignty

NonProfit Quarterly

In the series, urban and rural grassroots leaders from across the United States share how their communities are developing and implementing strategies—grounded in local places, cultures, and histories—to shift power and achieve systemic change. These ideals and beliefs are built into how EFAI works. million grant to LISC Indianapolis.

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Local Solutions to Federal Problems: Moving Climate Dollars to Communities

NonProfit Quarterly

Connie Binkowitz, director of development and external policy at CTC, described how, in 2020, the organization received a grant from the Memphis Division of Housing and Community Development (DHCD). This grant came out of a program supported by federal Community Development Block Grant (CDBG) dollars.