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Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

Stanford Social Innovation Review

But when we look at philanthropy in the US and Europe, the list of private foundations that have a primary focus on SME growth is extremely small, just over a dozen. And certainly, lifting the ultra-poor out of poverty is a noble and necessary use of philanthropic dollars. There are 3.4 There are 3.4 Not philanthropy’s problem.

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Building an Economy with Purpose: The Transformative Potential of Baby Bonds

NonProfit Quarterly

According to the latest Survey of Consumer Finances , conducted by the Federal Reserve, as of 2022, the median White family held over $285,000 in wealth, while the median Black family wealth was around $44,900—just 15 percent as much. It enables people to plan their futures and live self-determined lives.

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AI and Racial Justice: Navigating the Dual Impact on Marginalized Communities

NonProfit Quarterly

It reaches into healthcare, finance, justice, education, and public policy, promising to streamline and elevate. In finance, AI algorithms present yet another barrier, making decisions that affect financial opportunities, creditworthiness , and generational wealth.

Ethics 98
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Impact Investing for the Missing Middle in Agri-Finance

Stanford Social Innovation Review

It directly limits future growth and also makes it harder for the cooperative to borrow sufficiently to finance its day-to-day activities or operating expenses. Is external financing available? In other words, 70 percent of the global needs for rural finance are currently unmet. But how and where? Affordable?

Finance 121
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Making Policy Work for Rural Communities: The Value of Community Voice

NonProfit Quarterly

This article is the second in the series Eradicating Rural Poverty: The Power of Cooperation. Public funding programs often include conditions that exceed the capabilities of high-poverty areas, such as requiring matching funds that these areas do not have. A different approach that centers community voice is sorely needed.

Values 130
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The Double-Edged Sword of Health Innovations: Navigating the Intersection of Technology and Equity in Nigeria

NonProfit Quarterly

In Nigeria, where health inequities are deeply rooted in systemic issues such as poverty, 1 gender inequality, 2 and inadequate governance (poor administration/planning), 3 the introduction of new technologies can sometimes deepen these disparities rather than alleviate them. 1 (July 2023): 7389.

Health 57
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How a Community of Long-Term Monthly Donors Make a Long-Term Difference

Nonprofit Tech for Good

One of the major barriers for the billions of people who lack safe water and sanitation is access to financing to fund the solutions they need to survive. Each month, they help create financial opportunity that previously did not exist for people in poverty. Creating powerful solutions. The value of efficiency.