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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

At the same time, many community development nonprofits face challenges in securing the capital needed to carry out their core missions and, importantly, to test new ideas and strategies. At the most basic level, a guarantee is akin to automobile insurance. 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.

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Credit Unions, Race, and Equity: A Conversation with Michael McCray and Cliff Rosenthal

NonProfit Quarterly

In 1979, I discovered financial cooperatives—namely, credit unions—and I joined the National Federation of Community Development Credit Unions in 1980. Michael McCray: I was born into community development finance. Cliff Rosenthal: I abandoned a career as a Russian historian to be a co-op organizer starting in the 1970s.

Finance 124
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Building Community through Holistic Strategy: A Story from a Seattle Immigrant Suburb

NonProfit Quarterly

Image credit: TuiPhotoengineer on istock.com This is the fifth and final 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 ).

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Preserving Cambodia Town: How A Refugee Community Has Organized Itself

NonProfit Quarterly

Image credit: Ian Nicole Reambonanza on Unsplash This is the fourth 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 ). How does a refugee community organize itself?

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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. However, along with academic and industry research to the contrary, this line of thinking ignores the fact that you may be undermining your mission through your investments.

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

NonProfit Quarterly

Image credit: Chris Briggs on unsplash.com Dr. 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.