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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

One tool that is available to nonprofit housing developers to address this situation is the limited equity cooperative (LEC). In 1951, the groups came together to create the United Housing Foundation. While LECs offer significant opportunities, nonprofit housing developers must navigate several significant challenges.

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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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From Impact Investing to “Impact-First” Investing—What Is the Field Learning?

NonProfit Quarterly

billion) in assets under management and a 30-year track record, isnt wrong per se. That is the central conclusion of a new report released last December by Boston Impact Initiative , a nonprofit place-based investor in the Boston area and a promoter of the field nationwide. Each fund is unique.

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

NonProfit Quarterly

Many in the nonprofit sector look at their income statements (also known as the “profit and loss” report), but unless you’re a chief financial officer or perform a similar role, you may spend far less time looking at your organization’s overall financial position. These assets help nonprofits deliver on their missions by generating income.

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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.

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Impact Investing Can’t Deliver by Chasing Market Returns

Stanford Social Innovation Review

Most practitioners working in community development have accepted this as the reality of impact investing: The harder you drive for social impact in disadvantaged communities, the farther away you get from unbuffered full market return. But the hype persists.

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Local Solutions to Federal Problems: Moving Climate Dollars to Communities

NonProfit Quarterly

Not only is it possible to access federal funds, but the same elements that are needed for frontline and underinvested, predominantly BIPOC communities to benefit from public funding are also the most promising approaches to address more broadly the impacts of climate change at the local level.