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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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Co-op Federation Seeks to Shift Worker Co-op Movement into a Passing Gear

NonProfit Quarterly

In Chicago, speakers surveyed the growth of the past 20 years while setting forth goals to bring worker co-ops fully into the economic mainstream through movement infrastructure, public policy, and culture building. Increasingly, worker co-ops are making public policy gains.

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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.

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From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

What makes the strip mall unique is its community ownership. A nonprofit, the East Portland Community Investment Trust , serves as the owner and lead manager and developer of the property, and for a monthly subscription fee of $10 to $100, nearby residents can become owners themselves.

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What’s Next for CDFIs? The Challenge and Opportunity of Place

NonProfit Quarterly

Image Credit: Brian Koellish on iStock Nearly a third of US communities are CDFI deserts. In these turbulent times, many leaders of the nations growing network of community development financial institutions (CDFIs)which now collectively manage $468 billion in assets, a 615 percent increase over the past decadehave high hopes.

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Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Nelson Colón of the Puerto Rico Community Foundation, and Clara Miller, president emerita of the Heron Foundation—come from philanthropy. Worker-owned co-ops and benefit corporations are additional public policy frameworks for a just economy. If public dollars are secured and you perform well, that can help.

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Democracy in Peril: In South Africa, Will Philanthropy Back Economic Justice?

NonProfit Quarterly

For example, Limpopo returned over US $6 million in unspent grants —money earmarked for community development—back to the Treasury from 2022 to 2023. This support comes despite the fact that their ANC-led governments have been largely ineffective.