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How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

The Launch of Limited Equity Cooperatives The LEC is a tool developed to extend access to homeownership to low- and moderate-income buyers. The movement gained momentum with the support of government programs like Mitchell-Lama , which aimed to provide affordable housing through a public-private partnership.

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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. Adding to this complexity, many guarantors lack systems, policies, and procedures to manage guarantees.

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Medical Ship Docks in Sierra Leone for Free Surgeries and Training

NonProfit Quarterly

In August 2024, the Global Mercy, the world’s largest civilian hospital ship, docked at the port of Freetown for a 10-month field service to provide surgical operations and educational training by invitation of the government of Sierra Leone. Mercy Ships is not the only medical NGO that offers medical care by boat, but it is one the largest.

Medical 115
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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. Five years ago, BII launched a cohort-based approach to help organizations in other communities set up similar funds. Venture funds are self-sustaining, with management fees on large investments more than covering expenses. Each fund is unique.

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How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Here are a few viable approaches that we have encountered: Collaborate with mission-aligned institutions : This might include partnerships with community development financial institutions (CDFIs), Minority Depository Institutions (MDIs), or local credit unions. What might building strategic relationships look like?

Finance 119
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Busting the Overhead Myth

NonProfit Leadership Alliance

However, when managed wisely, overhead expenses, including capacity building, are vital investments that pave the way for a nonprofit’s growth and success. F actors such as program performance, governance structure, staff professionalism, fundraising efficiency, and transparency offer a more comprehensive view. What can I do?

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

NonProfit Quarterly

Developing a sound approach to managing these assets is part of the fiduciary responsibility of nonprofit boards. A salient example is of organizations that are focused on community development but invest in mass incarceration. These assets help nonprofits deliver on their missions by generating income.