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Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

Stanford Social Innovation Review

The problem is not lack of potential impact; SMEs represent nine out of 10 firms, the biggest employers worldwide, and without helping these firms grow, we cannot create jobs, lift people from poverty, empower women, or innovate solutions for the climate crisis. There are 3.4 There are 3.4 Not philanthropy’s problem.

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Deaths from Climate Change are Poverty Deaths

NonProfit Quarterly

Image credit: Max Winkler on Unsplash “When people die of heat, they are actually dying of poverty,” the New York Times wrote in 2023 about a devastating heat wave during which 10 people died in Texas. But around the world, the climate emergency underscores the ongoing emergency of poverty.

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

NonProfit Quarterly

For example, in Saint Paul, MN, the historically Black Rondo neighborhood was virtually destroyed when the federal government built Interstate 94 through the community. Government intervention can create meaningful change, but as the above examples illustrate, that change can often be for the worse.

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Local Militias Step into Government Gaps

NonProfit Quarterly

Image Credit: Josiah S on istock.com Founded in March 2009, the Oath Keepers are an anti-government far-right militia group comprising former law enforcement, first responders, and former military who pledge to defend the United States against government tyranny at all costs.

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Ending Persistent Poverty in Rural America: The Role of CDFIs

NonProfit Quarterly

This article introduces a new series, titled Eradicating Rural Poverty: The Power of Cooperation. In 2014, six CDFIs located in regions of rural America beset by persistent poverty formed a coalition to remedy longstanding underinvestment. This article introduces our series Eradicating Rural Poverty: The Power of Cooperation.

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Lessons from the 2024 Atlantic hurricane season: What philanthropy can do better

Candid

Hardest hit by flooding was the Central Appalachia region, where years of disinvestment by government and philanthropy left the region ill prepared. Insurance companies also treat flooding differently, so philanthropic funding is needed even more. How much relief funding has been invested in the 2024 Atlantic hurricane season?

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From Microfinance to Mutual Aid—Moving Resources to People, Not Banks

NonProfit Quarterly

In the 1970s, economist Muhammad Yunus pioneered the concept of microloans through the Grameen Bank in Bangladesh, a revolutionary idea that aimed to lift people out of poverty by offering small loans to those excluded from traditional banking. Yunuss premise was simple: People know better.